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.

Lao Tzu Quotes about Life That Still Ring True Today

Lao Tzu Quotes about Life That Still Ring True Today (Life Changing Quotes)

In the pantheon of great philosophers, Lao Tzu holds a special place. His wisdom, espoused through his seminal work, the Tao Te Ching, resonates across millennia. These teachings, distilled into succinct quotes, continue to provide invaluable insight into the nature of life and the human condition. This article will delve into some of Lao Tzu’s

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Turtle Trading System

Turtle Trading System

I’ve always been fascinated by the best traders in history. Trading is my favorite professional sport. It piqued my interest when I first heard about the Turtle Trading System. You see, it’s a trend-following trading system created by Richard Dennis and William Eckhardt in the 1980s. They wanted to prove that anyone could learn to

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If You Don't Find A Way To Make Money While Sleep You Will Work Until You Die

If You Don’t Find A Way To Make Money While Sleep You Will Work Until You Die – Warren Buffett

One of the fundamental principles I’ve learned from studying Warren Buffett’s investing philosophy is the importance of generating income while you sleep. This “passive income” concept is essential for achieving financial independence and securing a comfortable retirement. In this blog post, we’ll discuss how to make money while you sleep and how to start your

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Reasons Why Most People Are Still Broke

Reasons Why Most People Are Still Broke (Avoid at all Cost) – Charlie Munger

Many individuals find themselves in a constant state of financial struggle. What are the reasons behind this? Let’s look at some insights by wise investor and businessman Charlie Munger to uncover the core mental models and issues contributing to financial troubles. Charlie Munger says there are only three ways a smart person can go broke:

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10 Habits that will Ruin Your Life

10 Habits that will Ruin Your Life: 10 Morning Bad Habits that Damage Your Life

The morning sets the tone for the entire day, playing a crucial role in determining your productivity, mood, and overall well-being. Establishing a healthy morning routine helps create a solid foundation for success. Unfortunately, many people engage in harmful habits that can have a detrimental effect on their lives. This article will discuss ten everyday

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Charlie Munger The Mental Models I Used to Become Successful in Life

Charlie Munger: The Mental Models I Used to Become Successful in Life

Charlie Munger, the celebrated investor and business partner of Warren Buffett, has long captivated audiences with his incredible knowledge and thought process. As the Vice Chairman of Berkshire Hathaway, he’s become one of the most successful investors in history. In this blog post, we’ll explore the mental models that Charlie Munger attributes to his success

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Money Cant Buy Happiness

What Money Can’t Buy

We live in a world where money often seems to be the answer to every problem. It’s no wonder many people believe having more money will make them happier. While money can buy many things, some essentials in life can’t be purchased. This blog post will discuss some of the most important things money can’t

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Don’t Chase Happiness. Become Antifragile

Don’t Chase Happiness. Become Antifragile

In pursuing happiness, many people focus on external factors, believing that material possessions or the right circumstances will bring them joy. However, true happiness often comes from within, and one powerful way to cultivate lasting happiness is by becoming antifragile. Inspired by Nassim Taleb’s concept, antifragility refers to thriving in the face of adversity, uncertainty,

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