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.

Artificial Intelligence and Machine Learning in Trading

Artificial Intelligence and Machine Learning in Trading: How are they changing the world of Trading?

This is a guest post by Saloni Bogati of quantinsti.com. Latest technological phenomena like ML and AI transform businesses, industries, and their scope of growth. The finance industry is notorious for using the latest technologies and solutions to achieve objectives. Trading has also seen its fair share of advancements in recent years and has yielded […]

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How To Win The Game Of Trading: 6 Lessons Learned During 30 Years Of Trial And Error

How To Win The Game Of Trading: 6 Lessons Learned During 30 Years Of Trial And Error

Most studies show that 90% of traders and investors don’t make money over the long-term. The majority of traders, even if they get lucky and profitable early just give back those gains over time. Even buy and hold investors can become shaken out of their long-term plans to not sell when a vicious bear market

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7 Trading PSYCHOLOGY & DISCIPLINE Rules To Deal With Losses The Winning Mindset of a Trader

7 Trading PSYCHOLOGY & DISCIPLINE Rules To Deal With Losses (The Winning Mindset of a Trader)

All traders have both wins and losses regardless of their strategy and system. Much like in sports traders don’t succeed on every trade just like baseball players don’t hit every pitch and basketball players don’t sink every basket. Trading is a game of win rate and positive expectancy through bigger wins than losses on average.

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Candlestick Charts Cheat Sheet

Candlestick Charts: The ULTIMATE beginners guide to reading a candlestick chart

Candlesticks are a type of chart setting available on trading platforms that creates a visually representation of price action on a time period. A candlestick shows a contrast between the opening and closing prices along with any range outside the open or close. They are colored to show bullish or bearish action. The three primary

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BEST Moving Averages for Crossover Trading Strategies

Moving averages are technical trading tools that can help identify trends on different time frames. They can replace opinions and predictions for making trading decisions by being used as signals. Moving averages can identify trends and swings in price action in real time also signal range bound markets when they go flat with no directional

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Support and Resistance Cheatsheet (95% Of Traders Don't Know This)

Support and Resistance Cheatsheet (95% Of Traders Don’t Know This)

In technical analysis, support is the price level on a chart that is quantified with a horizontal trend line that identifies the high probability location where buyers are located based on previous behavior. Resistance is the price level on a chart that is quantified with a horizontal trend line that identifies the high probability location

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Warren Buffett: Why You Should Never Invest In Bitcoin

Warren Buffett: Why You Should Never Invest In Bitcoin

Warren Buffett has been very vocal about Bitcoin with his opinions, predictions, and what he believes will be the logical outcome of Bitcoin and the cryptocurrency market over the long-term. Let’s look at what Buffett has said about Bitcoin over the past 8 years. Warren Buffett Bitcoin Opinion “It’s ingenious and blockchain is important but

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Warren Buffett: Why I'd Bet Against Tesla

Warren Buffett: Why I’d Bet Against Tesla (UNBELIEVABLE)

Warren Buffett and Elon Musk have spared back and forth many times. With Musk calling Buffett simply a master allocator of capital and not an innovator of businesses or technology. “I’m not Warren Buffett’s biggest fan, frankly,” Musk said in an interview. “He sits there and reads all these annual reports, which are super boring.”

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7 Things Poor People Waste Their Money On in 2024- Warren Buffett

Warren Buffett’s 5/25 Rule Will Help You Focus On The Things That Matter

There is a story floating around online and in books that says Warren Buffett, supposedly gave his personal pilot life coaching and told him the secret to success was on setting life’s goals and then focusing on accomplishing only the ones you find most important. What does he supposedly tell him? The 5/25 rule. What

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