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.

Why a College Degree is Useless

The Most Successful People Explain Why a College Degree is Useless

Success /

The traditional path of attending college to secure a successful future has long been a widely accepted norm. However, the rising costs of higher education and the growing number of successful entrepreneurs without college degrees have led to reevaluating the importance of a college degree. In this article, we explore the perspectives of successful individuals […]

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Warren Buffett Reveals His Investment Strategy

Warren Buffett Reveals His Investment Strategy and Mastering the Market

Warren Buffett /

Although Warren Buffett has never written a book, he has shared his investment strategy with the public for over 70 years through his writings, speeches, and investments. Let’s combine his advice and wisdom to fully understand his investing system and how he mastered the stock market. Let’s take a deep dive into the mind of

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Opportunity Cost Definition

Opportunity Cost Definition and Real World Examples

Business, Success /

Opportunity cost is a fundamental economic concept that plays a significant role in our daily decision-making process. Warren Buffett, one of the world’s most successful investors, has often stressed the importance of understanding opportunity cost when making investment decisions. By grasping the concept of opportunity cost, we can make better choices regarding our time, money,

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Sigmund Freud

Sigmund Freud’s Quotes That Tell A Lot About Ourselves (Life Changing Quotes)

Psychology /

In this post, we will dive into some psychology quotes that will tell you a lot about yourself. Get ready for some internal introspection and a new way of looking at how you think and act. Who Was Sigmund Freud? Sigmund Freud, born on May 6, 1856, in Freiberg, Moravia (now Příbor, Czech Republic), died

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Signs You Should Quit Your Job Immediately: 5 Signs You Need to Leave Your Company Now

Signs You Should Quit Your Job Immediately: 5 Signs You Need to Leave Your Company Now

career /

Today I want to discuss something affecting millions worldwide in 2023: knowing when to quit your job. Sometimes, it’s hard to tell if it’s time to pack up and move on or if it’s just a temporary setback that can be overcome. I will share with you five signs that may indicate you should leave

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Critical Thinking

What is Critical Thinking?

Success /

In today’s fast-paced world, thinking critically is an invaluable skill. As we are constantly bombarded with information from various sources, it’s essential to separate fact from fiction, identify logical fallacies, and make well-informed decisions. In this blog post, we will explore the concept of critical thinking, its importance, and the steps one can take to

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Dunning

Why Smart People Think They’re Stupid (The Dunning-Kruger Effect)

Psychology /

Have you ever wondered why some people who seem pretty intelligent doubt their abilities while others who are less competent appear overly confident? This paradoxical phenomenon is known as the Dunning-Kruger effect, a cognitive bias affecting our personal and professional lives. This article will explore the Dunning-Kruger effect, examine its science, and discuss ways to

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Woman in the Morning

How to Wake up at 4:30 AM and be Excited: 4 Simple Steps to Wake up Early

Success /

Waking up early is a habit that many successful people swear by. From improved productivity to having more time for self-care, waking up at 4:30 AM can positively impact various aspects of your life. However, the challenge lies in getting out of bed excited and energetic. In this blog post, I will provide four simple

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Retirement Truths

4 Uncomfortable Retirement Truths You Need To Hear

Retirement /

Retirement is a significant milestone that most people look forward to, but it’s also a time that requires careful planning and consideration. Many individuals harbor misconceptions about their golden years or maybe avoid uncomfortable truths that could significantly impact their retirement plans. This article will shed light on four uncomfortable retirement truths everyone needs to

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I Am Enough

How to Deal with Self Doubt

Psychology /

Self-doubt is a pervasive feeling that can significantly affect our personal and professional lives. It can hinder our growth, limit our potential, and prevent us from taking risks or pursuing opportunities. Managing self-doubt is essential for achieving success and living a fulfilling life. In this blog post, we will explore the nature of self-doubt, discuss

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