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.

20 Principles to Change Your Life

20 Principles You Should Live By To Get Everything You Want In Life (Master This)

The 80/20 principle is a well-known concept in business and economics. It suggests that 80% of the outcomes come from 20% of the efforts. However, this principle applies not only to business but also to life in general. In this context, the 80/20 principle suggests that 80% of the things that matter in your life

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Spying on the Competition

Porter’s 5 Forces Explained and How to Use This Model in Business

Porter’s Five Forces: Understanding the Competitive Landscape of Your Industry In the business world, it’s essential to have a deep understanding of the competitive landscape of your industry. Porter’s Five Forces is one of the most popular frameworks for analyzing the competition. Developed by Michael Porter, a Harvard Business School professor, in the 1980s, the

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Principles For Success by Ray Dalio

What a Billionaire Thinks You Should Know About Success (Principles For Success by Ray Dalio)

Do you want to be successful in life? Do you want to achieve your goals and live a fulfilling life? If so, you need to learn from successful people who have achieved their goals. One such person is self-made billionaire Ray Dalio, who’s one of the most successful investors and money managers in the world.

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Returns Explained

What Are Returns in Investing and How Are They Measured? (ROI)

ROI is a vital metric that helps businesses measure their investments’ profitability relative to their costs. By calculating the ROI, companies can make better investment decisions and take appropriate actions to improve their profitability. This article provides a comprehensive guide to help you understand the essential aspects of ROI, including its definition, significance, and potential

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Happy Employees

How To Stay Motivated (Motivation Theories Explained)

Internal Motivation vs. External Motivation Internal motivation and external motivation are two different types of motivation that drive our behavior and actions. Internal motivation comes from within oneself and is driven by personal interests, values, and desires, whereas external motivation comes from external factors such as rewards, punishments, or social pressure. Internal motivation is often

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