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 Wealthiest Cities In The World In 2024

The Wealthiest Cities In The World In 2024

As we venture into 2024, the global landscape of wealth and prosperity continues to evolve, revealing cities that epitomize economic success and set the benchmark for trade, finance, industry, and fiscal robustness. This year, specific urban centers have continued to distinguish themselves as beacons of wealth, boasting impressive Gross Domestic Product (GDP) figures and unique

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Position Sizing- Lessons for Risk Management

Position Sizing: Lessons for Risk Management

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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Lead Goals vs Lag Goals

Lead Goals Vs. Lag Goals

Embarking on achieving our aspirations often involves understanding the nuances between lead and lag goals. This distinction is not just a matter of semantics; it’s the cornerstone of practical goal-setting and achievement. Whether aiming to enhance your personal life, boost your professional career, or improve your health and fitness, grasping the difference between these goals

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Ideal Order Of Investing For High-Income Earners

Ideal Order Of Investing For High-Income Earners

Navigating the tax and investment landscape as a high-income earner requires a strategic and informed approach to optimize your financial resources for maximum growth and security. With so many investment options available, it’s crucial to understand the ideal order and methods to allocate your earnings effectively. You must shelter as much income from taxes as

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10 Reasons Why The Rich Get Richer And Richer-Habits of the Wealthy

How The Wealthy Get Wealthy

To understand how individuals achieve financial prosperity and accumulate significant wealth, you must understand all the various strategies and paths that come into play. The journey of the wealthy often intertwines with economic principles, personal financial management, and the opportunities a capitalist system provides. From savvy investments and entrepreneurial ventures to the disciplined art of

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