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.

How to Stay Calm in Any Situation: 5 Samurai Principles From Miyamoto Musashi

How to Stay Calm in Any Situation: 5 Samurai Principles From Miyamoto Musashi

Psychology, Success /

Miyamoto Musashi walked through 16th-century Japan as an undefeated swordsman, winning over 60 duels before age 30. His survival didn’t come from superior technique alone. It came from something more profound: the ability to remain calm when defeat stood inches away. Most people today won’t face sword fights, but the principles Musashi developed translate directly […]

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10 Wealth Lessons People Learn Too Late In Life, According to Self-Made Millionaires

10 Wealth Lessons People Learn Too Late In Life, According to Self-Made Millionaires

Millionaire, Personal Finance, Wealth /

Most people spend decades making the same financial mistakes before discovering what truly builds wealth. The patterns are remarkably consistent across generations. Self-made millionaires often share similar regrets about what they wish they had understood earlier in life. These lessons aren’t about getting rich quickly or finding secret investment strategies. They’re about fundamental shifts in

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5 Stoic Phrases Only Introverts Use, According to Psychology

5 Stoic Phrases Only Introverts Use, According to Psychology

personality types, Psychology, Stoicism /

The ancient Stoics and modern introverts share a profound connection: a deep appreciation for the inner world. While Stoicism emerged over two thousand years ago in ancient Greece and Rome, its principles align remarkably with how introverts naturally process life. Both value reflection over reaction, depth over superficiality, and internal wisdom over external noise. Psychology

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5 Things the Middle Class Must Stop Buying in 2026

5 Things the Middle Class Must Stop Buying in 2026

Economics, Personal Finance /

The habits that kept middle-class families comfortable in the past decade won’t serve them well in 2026. Economic headwinds are shifting, and the purchasing patterns that once seemed reasonable now pose a threat to their financial stability. This isn’t about extreme deprivation or abandoning quality of life. It’s about recognizing which expenses deliver genuine value

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5 Things the Middle Class Can Buy To Be Wealthier, According To Warren Buffett

5 Things the Middle Class Can Buy To Be Wealthier, According To Warren Buffett

Personal Finance, Warren Buffett, Wealth /

Warren Buffett built one of history’s great fortunes not through complex strategies or insider advantages, but through principles anyone can follow. His advice to the middle class is remarkably consistent across decades of shareholder letters and interviews. The investments he recommends aren’t exotic or expensive. They’re purchases most people can make starting today. Here are

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10 Stoic Characteristics of a Sigma Male (The Lone Wolf)

10 Stoic Characteristics of a Sigma Male (The Lone Wolf)

Personality, personality types, Stoicism /

The sigma male archetype has captured attention online in recent years, but few realize its deepest roots lie in ancient Stoic philosophy. Unlike the alpha male, who seeks dominance, or the beta male, who follows hierarchies, the sigma operates entirely outside these social games. This independence stems from specific characteristics that align precisely with Stoic

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10 Signs You Were Born To Be A Financial Loner (And Why That Builds Wealth)

10 Signs You Were Born To Be A Financial Loner (And Why That Builds Wealth)

Investing, Personal Finance, Wealth /

Most people assume wealth building requires networking, social proof, and following popular financial trends. The opposite is true. The most successful investors and self-made millionaires share a common trait: they operate independently from the crowd. Financial loners don’t need validation to make decisions, don’t chase others’ performance, and don’t measure progress by external benchmarks. This

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10 Books That Teach Rich People How To Think—but the Middle Class Avoids

10 Books That Teach Rich People How To Think—but the Middle Class Avoids

Best books, Book Reviews, Books, Psychology, Wealth /

The wealthiest individuals don’t just read different books than the middle class. They read books that fundamentally challenge how most people think about money, success, and personal growth. These aren’t quick-read self-help guides promising overnight transformation. They’re dense, uncomfortable, and often contradict the traditional societal teachings about building wealth. The middle class typically avoids these

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10 Lessons Men Learn Too Late In Life, According to Stoic Philosophy

10 Lessons Men Learn Too Late In Life, According to Stoic Philosophy

Stoicism, Success /

Most men spend decades chasing outcomes they can’t control while ignoring the one thing they can: their own minds. Stoic philosophy, developed by Marcus Aurelius, Epictetus, and Seneca over two thousand years ago, offers a framework that modern men typically discover only after wasted years, broken relationships, and financial mistakes. The pattern repeats across generations.

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10 Middle-Class Money Habits To Avoid To Escape the Rat Race and Build Wealth

10 Middle-Class Money Habits To Avoid To Escape the Rat Race and Build Wealth

Habits, Personal Finance, Wealth /

The middle class is not constrained by insufficient income. It is constrained by behavioral patterns that quietly cap financial upside and extend dependency on earned income. These habits operate beneath conscious awareness, shaping decisions that feel responsible but systematically prevent wealth accumulation. The gap between middle-class earners and wealth builders is not primarily one of

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Stoicism: The Stoic Way To Self Improvement (Stoic Habits)

Stoicism: The Stoic Way To Self Improvement (Stoic Habits)

Habits, Stoicism /

The ancient philosophy of Stoicism offers a practical framework for self-improvement that remains remarkably relevant today. Unlike modern self-help approaches that focus on external achievements or positive thinking, Stoicism teaches that genuine progress comes from cultivating inner virtue, developing resilience, and aligning our actions with rational principles. The Stoic path isn’t about dramatic transformations or

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Warren Buffett: How To Invest For Beginners (5 Simple Rules)

Warren Buffett: How To Invest For Beginners (5 Simple Rules)

Investing, Warren Buffett /

Warren Buffett didn’t become one of the world’s wealthiest investors by following complex strategies or chasing hot stock tips. His approach is surprisingly simple, so simple that most people dismiss it as too basic to work. Yet Buffett has consistently outperformed professional money managers for over six decades using principles that any beginner can understand

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Don’t Chase Happiness: How To Become Antifragile Through Stoicism

Don’t Chase Happiness: How To Become Antifragile Through Stoicism

Psychology, Stoicism /

The relentless pursuit of happiness has become one of the most accepted lies of modern life. Self-help gurus promise it, consumer culture sells it, and millions exhaust themselves chasing an emotional state that vanishes the moment circumstances shift. The Stoics understood what we’re only beginning to rediscover: happiness isn’t something you pursue directly. It’s a

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10 Books That Teach Wealth Building That All People Should Read

10 Books That Teach Wealth Building That All People Should Read

Best books, Book Reviews, Books, Wealth /

The difference between financial struggle and wealth often comes down to knowledge and mindset. While middle-class workers trade time for money, wealthy individuals understand principles that make money work for them. These ten books have stood the test of time because they convey fundamental truths about building wealth through clear, engaging language, compelling stories, and

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10 Terrible Money Habits That Will Ruin Your Middle-Class Lifestyle

10 Terrible Money Habits That Will Ruin Your Middle-Class Lifestyle

Economics, Personal Finance /

One bad decision won’t wreck your middle-class lifestyle. What destroys it is the slow accumulation of everyday money habits that limit your ability to get ahead while making every financial emergency feel like a crisis. Most people don’t realize they’re sliding backward financially until the damage becomes irreparable. Understanding which behaviors quietly erode financial stability

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10 Unexpected Wealth-Building Habits That Indicate a High Level of Intelligence

10 Unexpected Wealth-Building Habits That Indicate a High Level of Intelligence

Habits, Intelligence, Wealth /

Intelligence and wealth don’t always move together, but specific behavioral patterns reveal a different kind of intelligence: the type that compounds over decades rather than months: financial intelligence. The most successful long-term investors and self-made millionaires share habits that may seem unremarkable yet yield extraordinary results over time. These behaviors aren’t about IQ scores. They’re

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10 Stoic Habits of Mentally Strong People You Need to Know

10 Advanced Stoic Habits of Mentally Strong People You Need to Know

Habits, Psychology, Stoicism /

Most people think Stoicism is about staying calm when things go wrong. That’s the surface level. The more profound truth is that Stoicism fosters mental fortitude through rigorous daily practices, distinguishing those who merely cope from those who thrive under pressure. The following ten advanced habits, drawn from the teachings of Marcus Aurelius, Epictetus, and

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10 Reasons Middle-Class People Stay Broke According to Dave Ramsey

10 Reasons Middle-Class People Stay Broke According to Dave Ramsey

Investing, Personal Finance /

Dave Ramsey has spent decades teaching financial principles to millions of Americans, and his message consistently challenges the conventional wisdom of middle-class money management. While many people work hard and earn decent incomes, Ramsey notes that financial struggle remains a daily reality for many middle-class households. His teachings identify specific behaviors and mindsets that keep

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