Trading Archives - New Trader U

Trading Psychology: How To Be Mentally Strong In Trading

Trading in financial markets can be a rollercoaster of emotions, challenging even the most experienced traders. Success in trading isn’t just about understanding market dynamics or having a winning strategy – it’s equally about cultivating a solid mental framework. This article explores critical aspects of trading psychology and provides actionable strategies to develop the mental […]

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10 Stoic Secrets to Trading Success: Stoicism

Psychology, Trading / Steve Burns

Maintaining a steady mindset can be the difference between success and failure in the volatile world of trading. Stoicism, an ancient Greek philosophy, offers timeless principles that can be applied to modern-day trading. By incorporating these Stoic secrets into your trading practice, you can develop resilience, improve decision-making, and achieve long-term market success. Let’s look

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Secrets of Trading Success: Avoiding Mistakes

Trading / Steve Burns

A mistake is when you don’t follow your rules. If you don’t have rules in trading, everything you do is a mistake. – Dr. Van K. Tharp. In trading success, the secrets often lie not only in the strategies we employ but also in the mistakes we sidestep. Every trader, whether a novice or a

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Position Sizing: Lessons for Risk Management

Trading / Steve Burns

Understanding the nuances of position sizing and its implications for risk management is critical for success in trading. This often-overlooked aspect of a trading strategy holds the key to safeguarding your capital and maximizing your potential for long-term profitability. As traders navigate the complex world of the financial markets and their trade execution, managing risk

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5 Habits For Successful Traders

Trading / Steve Burns

In the world of trading, success doesn’t come by chance. It’s the result of cultivating powerful habits that guide decision-making and strategy. Influential works like “Market Wizards” by Jack Schwager and Michael Covel’s “Trend Following” have shed light on these common practices of successful traders. Trading habits and strategies converge to create a roadmap for

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What Do Hedge Funds Think of Technical Analysis

Secrets of the Greatest Hedge Fund of All Time

Trading / Steve Burns

Author Gregory Zuckerman wrote a great book about Jim Simon and Renaissance Technologies titled The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution. Zuckerman also gave a great interview about what he learned. In this article, we will dive into the secrets he uncovered. Jim Simons’ Renaissance Technologies is considered the

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3 Traits You Need As A Successful Trader

Trading / Steve Burns

Trading successfully requires certain traits. When examining top traders, essential qualities emerge. Based on insights from the wealthy and successful traders featured in the books by experts like Jack D. Schwager and Michael Covel, this post will cover three indispensable traits for trading excellence: discipline, risk management, and continuous learning. For those seeking trading mastery,

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How to Use Moving Averages for Stock Trading

Trading / Steve Burns

Navigating the intricate world of stock trading can often feel overwhelming, but traders can find clarity and direction with the right tools, such as moving averages. This guide delves into the nuances of these essential technical indicators, shedding light on their significance in both short-term and long-term market analysis. Whether you’re a novice trader looking

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6 Steps To Become a Stock Trader

Trading / Steve Burns

Embarking on the journey to become a stock trader can be exciting and daunting. With the allure of financial gains and the challenge of market dynamics, many are drawn to explore this lucrative realm. In this guide, I’ll break down the six steps to becoming a stock trader, providing you with a roadmap to navigate

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Trading Was Hard Until I Understood These 3 Concepts

Trading / Steve Burns

“Trading” and “hard” are words many novice traders often find synonymous. The intricate dance of numbers, charts, and emotions can be overwhelming. However, the complexity of trading began to become more simplified for me when I delved deeper into three pivotal concepts. In this article, we’ll journey through these transformative insights that shifted my perspective

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