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.

The Middle Class vs. the Wealthy: 5 Key Differences in Habits

The Middle Class vs. the Wealthy: 5 Key Differences in Habits

The gap between the middle class and the wealthy isn’t just about money in the bank. It’s about fundamentally different approaches to building and maintaining wealth. While the middle class works hard and follows traditional financial advice, the wealthy operate with a completely different playbook. Understanding these differences isn’t about judging one group or the […]

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10 Lessons Men Learn Too Late In Life, According to Miyamoto Musashi

10 Lessons Men Learn Too Late In Life, According to Miyamoto Musashi

Miyamoto Musashi was a 17th-century Japanese swordsman who remained undefeated across 61 duels. His most significant victories weren’t won with a blade, but through ruthless self-discipline, mental clarity, and an unwavering commitment to the truth. His teachings, collected in “The Book of Five Rings,” reveal timeless wisdom about masculine development that most men grasp only

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7 Things You Should Always Keep Private: The Stoic Guide to Privacy

7 Things You Should Always Keep Private: The Stoic Guide to Privacy

The ancient Stoics understood something modern society often forgets: not everything needs to be shared. Marcus Aurelius, Epictetus, and Seneca practiced discretion that protected their inner peace, allowing them to focus on what truly mattered. In today’s world of social media oversharing, their wisdom on privacy feels more relevant than ever. The Stoic approach to

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10 Signs You Were Born To Be A Wealthy Loner

10 Signs You Were Born To Be A Wealthy Loner

Society celebrates the networker, the team player, the extroverted entrepreneur who thrives in crowded rooms. But some of the world’s wealthiest individuals built their fortunes differently—through solitude, deep thinking, and strategic independence. If you prefer working alone, avoid superficial networking, and find energy in isolation rather than crowds, your natural tendencies might be your greatest

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5 Purchases Keeping the Middle Class Broke, According to Dave Ramsey

5 Purchases Keeping the Middle Class Broke, According to Dave Ramsey

Financial guru Dave Ramsey has spent decades teaching Americans how to build wealth, and his message often centers on what NOT to buy. While many financial advisors focus on investment strategies and complex wealth-building tactics, Ramsey takes a different approach. He argues that the middle class isn’t broke because they don’t earn enough—they’re broke because

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10 Stoic Questions That Will Change Your Life

10 Stoic Questions That Will Change Your Life

The ancient Stoics understood something profound about human nature: the quality of your life depends less on what happens to you and more on the questions you ask yourself. Marcus Aurelius, Epictetus, and Seneca used powerful questions to examine their thoughts, actions, and responses to life’s challenges. These questions weren’t abstract philosophical exercises but practical

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How People Who Build Wealth Focus on Outcomes Not the Needed Effort

How People Who Build Wealth Focus on Outcomes Not the Needed Effort

The difference between those who build significant wealth and those who remain financially stagnant often has little to do with intelligence, opportunity, or even starting capital. One of the most powerful distinguishing factors is how they frame challenges in their minds. While most people fixate on the effort required to achieve financial goals, wealth builders

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5 Mental Models Rich People Use That Middle-Class People Never Do

5 Mental Models Rich People Use That Middle-Class People Never Do

The gap between wealthy individuals and the middle class isn’t just about money in the bank—it’s fundamentally about how they think. While most people focus on what rich people do differently, the fundamental transformation happens in how they process decisions, evaluate opportunities, and frame their relationship with money. The five mental models below operate like

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5 Stoic Rules For A Happy Life

5 Stoic Rules For A Happy Life

The ancient Stoics discovered something modern psychology is only now confirming: happiness isn’t about changing your circumstances—it’s about changing your mind. While we chase external solutions to internal problems, buying more, achieving more, and stressing more, these philosophers developed a framework that addresses suffering at its source. Their insights remain startlingly relevant because human nature

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5 Sacrifices Self-Made Millionaires Make To Become Wealthy

5 Sacrifices Self-Made Millionaires Make To Become Wealthy

The path to building a seven-figure net worth is rarely paved with lottery tickets or inheritance. Research indicates that approximately 80% of millionaires are self-made, meaning they have built their fortunes through their own efforts and initiative. What separates these wealth builders from everyone else lies not in what they gain, but in what they’re

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How AI is Destroying Middle-Class White-Collar Jobs Faster Than Expected

How AI is Destroying Middle-Class White-Collar Jobs Faster Than Expected

The American middle class built its foundation on white-collar work. College degree, corporate job, steady paycheck, retirement plan. That path worked for decades. It’s breaking down right now, and most people aren’t paying attention until they receive the layoff notice. The changes unfolding in 2025 represent a fundamental restructuring of how companies value white-collar labor,

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5 Simple Stoic Habits That Will Make Your Life So Much Better

5 Simple Stoic Habits That Will Make Your Life So Much Better

Most people think Stoicism is about being emotionless or suppressing feelings. That’s completely wrong. Stoicism is about mastering your responses to life’s challenges, so you can build the life you truly want, rather than constantly reacting to whatever chaos comes your way. The ancient Stoics understood something most people miss: you can’t control what happens

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The Top 5 Wealth Destroyers for the Middle Class

The Top 5 Wealth Destroyers for the Middle Class

The gap between the middle class and the wealthy isn’t just about income—it’s about how money is used. While high earners focus on acquiring assets that appreciate, middle-class families often fall into traps that systematically destroy their ability to build wealth. Understanding these five wealth destroyers is the first step toward breaking free from financial

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People with a Stoic Mindset Don’t Waste Time on These 5 Things, According to Stoicism

People with a Stoic Mindset Don’t Waste Time on These 5 Things, According to Stoicism

Stoicism, the ancient philosophy founded in Athens around 300 BCE, has experienced a remarkable resurgence in modern times. From Silicon Valley executives to professional athletes, people are rediscovering the practical wisdom of Marcus Aurelius, Epictetus, and Seneca. At its core, Stoicism teaches us to focus our energy on what we can control while accepting what

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10 Signs You’re Dealing With a Narcissist, According to Psychology

10 Signs You’re Dealing With a Narcissist, According to Psychology

Navigating relationships becomes exponentially more complicated when dealing with someone who has narcissistic traits. Whether it’s a romantic partner, family member, colleague, or friend, recognizing the warning signs can help you protect your mental health and make informed decisions about your relationships. While only a trained professional can diagnose Narcissistic Personality Disorder, understanding these behavioral

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The Real 10 Reasons the Middle-Class Stays Broke and the Rich Get Richer

The Real 10 Reasons the Middle-Class Stays Broke and the Rich Get Richer

The wealth gap in America isn’t just growing—it’s accelerating. While the middle class works harder than ever, the wealthy appear to be multiplying their fortunes effortlessly. This isn’t about moral character or work ethic. It’s about mathematics, economics, and how the financial system structurally favors those who already have capital. 1. The Power Of Compounding

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5 Ways Being Married to a Narcissist Can Destroy Your Ability to Build Wealth

5 Ways Being Married to a Narcissist Can Destroy Your Ability to Build Wealth

Building wealth requires financial discipline, emotional stability, and the freedom to make decisions aligned with your long-term interests. A narcissistic spouse systematically destroys all three. While most people understand that toxic relationships damage mental health, fewer recognize how deeply they sabotage financial security and wealth accumulation. A narcissistic marriage creates a comprehensive system preventing wealth

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The 5 Golden Stoic Rules for Self-Discipline

The 5 Golden Stoic Rules for Self-Discipline

Self-discipline isn’t about willpower alone. It’s about building a mental framework that enables the right choices to become automatic. The ancient Stoics understood this better than anyone. Their secret wasn’t motivation or inspiration—it was a set of practical rules that transformed discipline from a struggle into a way of life. These five Stoic principles cut

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5 Traits That Predict Financial Success for the Middle Class

5 Traits That Predict Financial Success for the Middle Class

Financial success isn’t reserved for people with six-figure salaries or trust funds. Research indicates that middle-class individuals who accumulate substantial wealth exhibit specific behavioral traits that are not attributed to luck or inheritance. These patterns consistently appear across psychology studies, wealth surveys, and decades of financial data. Understanding these traits matters because they’re learnable, measurable,

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