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.

If You Want to Build Wealth, Say Goodbye to These 5 Behaviors

If You Want to Build Wealth, Say Goodbye to These 5 Behaviors

The gap between those who build wealth and those who don’t rarely comes down to income differences. You’ve probably known people who earn modest salaries yet accumulate significant net worth, while others with high incomes live paycheck to paycheck. The distinction lies in behavior. Wealth building isn’t about complex investment strategies or insider knowledge. It’s […]

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What are 10 Signs You’re Developing Into the Best Version of Yourself, According to Stoicism

What are 10 Signs You’re Developing Into the Best Version of Yourself, According to Stoicism

Personal growth isn’t always obvious. Instead of dramatic transformations, development happens in small shifts—in how you handle stress, respond to criticism, or approach challenges. Stoicism offers a framework for recognizing these shifts. The philosophy teaches that becoming your best self means mastering your mind, strengthening your character, and living with intention. Here are ten signs

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10 Lessons Men Learn Too Late In Life, According to Sigmund Freud

10 Lessons Men Learn Too Late In Life, According to Sigmund Freud

Sigmund Freud spent decades analyzing the human mind, and his observations about male psychology remain startlingly relevant. The father of psychoanalysis discovered that most men spend their lives unconsciously driven by forces they don’t understand until it’s too late. These aren’t feel-good platitudes but uncomfortable truths about the unconscious patterns that shape masculine development. Freud’s

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5 Subtle Signs You’ve Moved Beyond The Middle-Class Mindset

5 Subtle Signs You’ve Moved Beyond The Middle-Class Mindset

The difference between middle-class thinking and wealth-building thinking isn’t always noticeable. You won’t necessarily see it in someone’s bank account or their job title. Instead, the shift happens quietly in how you approach decisions, view opportunities, and relate to money itself. These mental transformations often occur before the financial results become visible, which is why

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Five Stoic Habits of Emotionally Intelligent People

Five Stoic Habits of Emotionally Intelligent People

The ancient Stoics understood something that modern psychology has only recently confirmed: mastering your internal world leads to external success. Emotional intelligence and Stoic philosophy share a common foundation built on self-awareness, emotional regulation, and rational response to circumstances beyond our control. People with high emotional intelligence don’t just understand their feelings—they direct them. They

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Improve Your Wealth Building Productivity With the 80/20 Rule

Improve Your Wealth Building Productivity With the 80/20 Rule

The pursuit of wealth often feels overwhelming. Between investment accounts, side hustles, budgeting apps, and financial education, many people find themselves busy but not productive. The solution might lie in a century-old principle that transforms how you approach building wealth: the 80/20 rule. 1. Understanding the 80/20 Rule and Its Financial Origins The 80/20 rule,

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5 Clear Signs That You Will Become Wealthy One Day

5 Clear Signs That You Will Become Wealthy One Day

Building wealth isn’t about luck or inheritance; it’s about hard work and discipline. The path to financial success leaves clues long before the money arrives. If you’re wondering whether you have what it takes to achieve lasting prosperity, specific behavioral patterns predict future wealth with remarkable accuracy. These signs aren’t about your current bank balance

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5 Miyamoto Musashi Lessons On How to Master Your Emotions

5 Miyamoto Musashi Lessons On How to Master Your Emotions

Miyamoto Musashi, the legendary Japanese swordsman who lived in the early 17th century, never lost a single duel in over 60 confrontations. His undefeated record wasn’t just a result of physical skill—it was a testament to extraordinary emotional discipline. In his masterwork, “The Book of Five Rings,” Musashi laid out principles that transformed him from

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5 Marcus Aurelius Lessons On How To Think Clearly (Stoicism)

5 Marcus Aurelius Lessons On How To Think Clearly (Stoicism)

The Roman Emperor Marcus Aurelius faced constant threats, political betrayals, and the weight of an empire on his shoulders. Yet his personal writings reveal a mind of remarkable clarity. His book “Meditations” wasn’t written for publication but as a private journal where he worked through challenges using Stoic philosophy. His ancient insights provide a practical

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People Who Like To Be Alone Have These 5 Wealth-Building Personality Traits

People Who Like To Be Alone Have These 5 Wealth-Building Personality Traits

The stereotype of the successful entrepreneur often involves attending networking events, holding constant meetings, and engaging in numerous social interactions. Yet some of the world’s wealthiest individuals—Warren Buffett, Bill Gates, and Elon Musk—have all described themselves as introverts who value solitary time. The connection between preferring solitude and building wealth isn’t coincidental. People who genuinely

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If You Want to Transform Your Life, Build These 5 Stoic Habits

If You Want to Transform Your Life, Build These 5 Stoic Habits

Most people are familiar with the basics of Stoicism: journaling daily, practicing gratitude, and taking cold showers. These entry-level practices offer value, but they barely scratch the surface of what Stoic philosophy can do for your life. The truly transformative Stoic habits require more profound commitment, uncomfortable self-honesty, and consistent discipline over months or years.

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How To Master the Art of Self-Discipline and Stop Being Soft, According to Miyamoto Musashi

How To Master the Art of Self-Discipline and Stop Being Soft, According to Miyamoto Musashi

Miyamoto Musashi stands as one of history’s most formidable warriors, not because he possessed supernatural abilities, but because he mastered something most people struggle with their entire lives: self-discipline. The legendary Japanese swordsman, who remained undefeated in over 60 duels, left behind wisdom that cuts through modern excuses and soft living like a blade through

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10 Hard Rules Of Wealth Building

10 Hard Rules of Wealth Building the Middle Class Needs to Learn

The difference between people who build lasting wealth and those who stay financially stuck isn’t luck or inheritance. It’s adherence to non-negotiable principles that almost every self-made millionaire follows. These aren’t motivational platitudes. They’re complex rules that create the mathematical inevitability of wealth accumulation. Most people fail because they violate multiple core principles simultaneously. These

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5 Stoic Morning Habits That Can Change Your Life

5 Stoic Morning Habits That Can Change Your Life

The ancient Stoics understood something modern productivity culture often misses: how you begin your day determines how you navigate it. These philosophers didn’t just theorize about living well; they practiced specific morning rituals that strengthened their minds and prepared them for whatever challenges lay ahead. The morning habits they developed thousands of years ago remain

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10 Life Lessons Men Learn Too Late In Life According to Carl Jung

10 Life Lessons Men Learn Too Late in Life, According to Carl Jung

Carl Jung understood something most men spend decades avoiding: the path to becoming whole requires facing what you’ve been running from. His insights into the masculine psyche reveal uncomfortable truths about why so many men reach midlife feeling lost, disconnected, or unfulfilled. These aren’t abstract psychological theories—they’re patterns Jung observed repeatedly in the lives of

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The Key to Building Wealth is Investing in These 5 Asset Classes

The Key to Building Wealth is Investing in These 5 Asset Classes

If you study the people who consistently build wealth—quiet millionaires, disciplined savers, and long-term investors—they almost always allocate their money across the same five asset classes. These aren’t flashy or complicated. They’re simply the assets with the strongest track records of growth, cash flow, and capital preservation. Most middle-class investors make a critical mistake: they

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5 Money Principles The Middle Class Misunderstand (Financial Literacy Guide))

5 Money Principles The Middle Class Misunderstand (Financial Literacy Guide)

Financial literacy isn’t just about budgeting or saving a percentage of your paycheck. It’s about understanding the fundamental principles that separate those who build lasting wealth from those who work hard but never achieve financial success. The middle class often operates under financial assumptions that feel logical but quietly undermine long-term prosperity. These misconceptions aren’t

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5 Stoic Habits That Make People Gain Respect For You

5 Stoic Habits That Make People Gain Respect For You

Respect isn’t demanded. It’s earned through consistent behavior that signals strength, reliability, and character. The Stoics understood this centuries ago, and their philosophy offers a blueprint for gaining respect without ever having to ask for it. The following five Stoic habits aren’t flashy tactics or manipulation strategies. They’re quiet habits that speak louder than words

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10 Life Lessons From Warren Buffett’s Last Annual Berkshire Letter

10 Life Lessons From Warren Buffett’s Last Annual Berkshire Letter

Warren Buffett shocked the investment world with his November 2025 announcement that he would no longer write Berkshire Hathaway’s annual report or speak at the annual meeting. As the British would say, he’s “going quiet.” At 95 years old, the Oracle of Omaha delivered what may be his final comprehensive message to shareholders, and it

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10 Principles the Middle Class Can Use for Building Wealth (Eye-opening)

10 Principles the Middle Class Can Use for Building Wealth (Eye-opening)

The middle class approaches money with principles designed to keep them exactly where they are. Conventional wisdom about saving, diversification, and safety may sound reasonable, but it often leads to decades of financial stagnation. Wealthy individuals operate by a different set of rules—not because they’re greedy, but because they understand how money actually multiplies. These

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