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.

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Don’t Allow Your Life To Be Controlled By These 5 Things

When it comes to leading a fulfilling and meaningful life, it’s crucial to take control and avoid being held back by negative influences. These negative influences can come in many forms, from our past experiences and limiting beliefs, to the opinions of others and even financial stress. In this article, we’ll delve into these five […]

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Shooting Star Candlestick Pattern

Shooting Star Candlestick Pattern: What It Means in Stock Trading, With an Example

What Is a Shooting Star? A shooting star candle or pin bar reversal is a bearish candlestick pattern appearing during an uptrend on a chart. A shooting star tends to have long upper wicks and almost no lower wicks, along with a candle body that is usually small. A shooting star usually happens when a

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Overcoming Anger and Anxiety

This article will identify the underlying causes of anger and anxiety and how to overcome these psychological barriers to success and happiness. I will delve into the root causes of these negative emotions and offer solutions for their alleviation. In our fast-paced, modern world, it’s increasingly important to understand and manage our emotions, particularly anger

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Engulfing Patterns

Engulfing Patterns

An engulfing pattern forms on a candlestick chart when a small candle is followed by a larger candle that reaches outside the previous candle’s trading range. The new larger candle will make both a higher high and lower low than the previous smaller candlestick before it on the chart. Engulfing candlestick patterns can be bullish

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