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.

Bob Lang Book

What is a Trader?

The following is an excerpt I wrote for Bob Lang’s new book “Know Your Options: How to Build Wealth Using Proven Options Trading Strategies and Technical Analysis.” What is a trader? Traders are often misunderstood. While investors are more mainstream, traders are viewed as risk takers or as having ulterior motives. There are some significant […]

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Top Ten Reasons Facebook Could be A Monster Stock

How Should You Trade Facebook’s Stock Price Drop?

This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Facebook’s (FB) stock price dropped nearly 20% after their revenue target miss. This was a huge drop. And because of it, I’ve

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what is risk

Top 10 Trading Risks

There are times in the markets where risk management is far more important than profits, keeping the capital you have safe is more important than growing it. I believe this is one of those times with volatility growing, uncertainty increasing, and many types of traders seeing profits evaporate and losses mount quickly. This is a

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