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.

StopDoingList

10 Things A Trader Needs to Give Up if They Want to Make Money

                                                                                                                                                                                                                                                                                                            We are so focused on adding to our trading arsenal with knowledge, books, chart patterns, indicators, moving averages, gurus, securities for our watch list and what ever else we believe will help us make money we forget what we need to remove from our trading routine that does not work. One of the

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That Day The New Trader Wakes Up Looks Like This…..

                                                                                                                                                                                                                                                                                                            At some point traders should have that break through day where they are tired of losing and ready to start making money. There should be a day where eyes are opened that what we were doing was just not working. We are ready for change, we are ready to listen, and learn. We

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The Five Key Lessons That Give New Traders An Edge

                                                                                                                                                                                                                                                                                                            Learning to trade is a process, and it is same for everyone. The traders that think they are exceptions to the process of trading education generally learn the hard way that they confuse bull markets for genius or market conditions for skills. It is easy to lose or make money in the markets,

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10 Things I Wished I Knew When I First Started Trading

                                                                                                                                                                                                                                                                                                          Some days I wish I could travel back in time 15 years and teach myself what I have learned in the markets the hard way. I was fortunate to make money early on with the benefit of the nineties bull market, I just wished I would have known then how to keep all

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The 10 Most Helpful Things Rich Traders Have Ever Said

                                                                                                                                                                                                                                                                                                    In my reading of hundreds of trading books and my endless research on rich traders, I have come across many quotes that are very powerful. These principles could really change the entire dynamic of a new traders plans and methods.  Here are my favorite ten that I not only love but have made huge

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