Author name: Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.

images

Five Books That Can Help Traders: But These Books Aren’t About Trading

                                                                                                                                                                                                                                                                                                     To me trading is about more than math and entries and exits. I believe to be a truly great trader we must master our self. You must understand the risk of ruin. Profitability will only come from the exercise of some type of edge we have over the other market participants. few books,

Five Books That Can Help Traders: But These Books Aren’t About Trading Read More »

why size matters

The One Thing That Makes All The Difference For Trading Profitably

                                                                                                                                                                                                                                                                                                            Here are two different ways to make money in the markets and have a profitable system. #1 Have a High Winning Percentage If the size of your wins and losses are EQUAL and you have more wins than losses then you will make money if you simply have a higher winning percentage of trades

The One Thing That Makes All The Difference For Trading Profitably Read More »

4horsemen pastorpack small

The Four Horsemen of the Failed Trader

                                                                                                                                                                                                                                                                                                           The Four Horseman of the Failed Trader are Ego, Battling Price Action, Inadequate Homework, and Ruin. Most traders that fail and leave the markets never learn the lessons that the market was trying to teach them. In all likelihood there were four horsemen that rode through that traders account leaving lost battles, pestilence,

The Four Horsemen of the Failed Trader Read More »

Best Dividend Paying Stocks

10 Ways To Get Trading Profits Flowing in Your Direction

                                                                                                                                                                                                                                                                                                          Every day trillions of dollars flow from trader to trader, from market to market. Many traders are just happy to dip their bucket in and take a share each day for themselves. But where does the money flow? Every day options lose time value, options sellers blow up, shorts cover for a loss, trends

10 Ways To Get Trading Profits Flowing in Your Direction Read More »