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 We Struggle with Discipline

Why We Struggle with Discipline and How to Improve

Psychology /

Discipline serves as an essential ingredient for personal and professional success. It enables us to achieve goals, maintain focus, and increase productivity. However, developing and maintaining discipline proves challenging for many individuals. This blog post explores the reasons behind this struggle and provides actionable advice on improving discipline. Defining Discipline Discipline is a crucial tool […]

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Debt Snowball Vs Debt Avalanche

Debt Snowball Vs Debt Avalanche: Which is the Best Debt Payoff Strategy?

Personal Finance /

Imagine standing atop a mountain and seeing two paths leading to the same destination: financial peace. At the mountain’s base lies your debt, waiting to be conquered. One path is the debt snowball, and the other is the debt avalanche. Each method has its unique way of guiding you toward debt payoff, but which is

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The 4 Types of Luck

The 4 Types of Luck

Uncategorized /

Have you ever wondered why some people seem to have all the luck while others can’t seem to catch a break? Luck plays a mysterious and often underestimated role in our lives, shaping our paths and determining our successes. In this enlightening blog post, we’ll explore the four types of luck and reveal the secrets

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Psychopath vs Sociopath

Psychopath vs Sociopath: How To Spot The Difference And Why You Need to Know This

Psychology /

When understanding people with a darker side, it’s crucial to be aware of the differences between a psychopath and a sociopath. While the terms are often used interchangeably, they have distinct traits and behaviors that set them apart. In this blog post, we’ll explore the differences between these two personality disorders, how to identify them,

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Sylvester Stallone

The Inspiring Success Story of Sylvester Stallone

Success /

Sylvester Stallone, synonymous with determination, perseverance, and unmatched resilience, boasts a career of over five decades. His journey from humble beginnings to becoming one of Hollywood’s most recognizable and respected actors inspires aspiring actors and filmmakers. This article delves into the life and accomplishments of Stallone, highlighting the challenges he overcame and the legacy he

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Positive Psychology

What is Positive Psychology?

Psychology /

Positive Psychology, a relatively young branch, focuses on understanding and promoting mental well-being and optimal human functioning. Instead of emphasizing mental illnesses and their treatment, this field aims to help individuals thrive and lead fulfilling lives. This article comprehensively explains Positive Psychology, its foundations, key concepts, and benefits. The Emergence of Positive Psychology The inception

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Self-liquidating Debt

The Key to Building Wealth is Investing in Self-Liquidating Debt

Wealth /

Building wealth may seem daunting, but understanding and investing in self-liquidating debt can unlock the potential for significant financial growth for real estate investors and business owners. In this blog post, we will explore the concept of self-liquidating debt and discuss using it to your advantage to create wealth. What is Self-Liquidating Debt? Self-liquidating debt

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Profiting During Inflation

How to Profit From Massive Inflation Ahead (Building Wealth During Inflation Explained)

Uncategorized /

Are you prepared for the massive inflation that may still be coming? With governments continuing to borrow money at an accelerating pace and central banks printing money at an unprecedented rate, the continued inflation risk continues to grow. In this blog post, I will share some insights on profiting from massive inflation and building wealth

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Self-Control is the Key to Success. Lessons from the Marshmallow Test

Self-Control is the Key to Success. Lessons from the Marshmallow Test

Psychology /

Have you ever wondered what makes some people more successful than others? Is it intelligence, talent, or just sheer luck? As it turns out, the answer might be more straightforward than you think. This article will explore the marshmallow theory of self-control and discuss how this simple test reveals the secret to success. What is

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