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.

best books for financial literacy

Best Books for Financial Literacy

Financial literacy is the ability to understand and apply a range of financial skills effectively. It applies to successful personal financial decisions and management like monthly budgets, saving, investing, and establishing a career to pay living expenses. Financial literacy means people can become self-sufficient and not need to live with parents or family as they […]

Best Books for Financial Literacy Read More »

trading board games

Trading Board Games

There are board games that do have many of the same principles of trading the financial markets. The following games can help a trader develop winning strategies, create an edge, understand game theory, probabilities, math, and human psychology. Chess is a game of pure skill with little to no luck involved. It can teach traders

Trading Board Games Read More »

Butterfly Pattern

Bullish Butterfly Pattern

The Butterfly Pattern uses the identification of quantified structures on a chart that has specific and sequential Fibonacci ratio alignments that show harmonic patterns. These patterns calculate and measure the Fibonacci aspects of the price action structures to signal reversal points with a good probability of success. Traders using harmonic patterns as a trading method believe that these

Bullish Butterfly Pattern Read More »

stock signals

Stock Signals

What are stock signals? Stock signals are quantified triggers for action to buy or sell based on price action or technical indicators reaching predefined levels on a chart. The goal of a trading signal is to designate when there is a greater probability of one thing happening than another. The goal of trading signals is

Stock Signals Read More »