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.

bitcoin dominance

Bitcoin Dominance

Within the cryptocurrency world, the Bitcoin dominance ratio is one of the first metrics created to quantify the strength of the bitcoin price in relation to the total altcoin market cap. It measures the bitcoin market cap relative to the overall value of the cryptocurrency market, it effectively shows the strength of bitcoin compared to

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Web 3.0

What is Web 3.0?

There has been three distinct World Wide Web phases so far in its evolution.   Web 1.0 was the first stage of the World Wide Web’s evolution that lasted from approximately 1991 to 2004. The first phase had fewer content creators than later phases. Most users on the early internet were simply consumers of website content,

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Cardano Crypto

What is Cardano Crypto? (ADA)

The co-founder of  the Ethereum blockchain, Charles Hoskinson, understood the limitations and challenges to the proof-of-work (PoW) blockchain networks over the long-term and decided to build an alternative. The problem with the first generation blockchains that require proof-of-work is the ability to scale, the interoperability between blockchains, and the sustainability with energy consumption as the

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Visual Index of Chart Patterns

Here is a visual index of all the most popular chart patterns used by traders to visually trade price action in the path of least resistance. The most misunderstood concept of using chart patterns to trade is that the edge doesn’t come from their ability to predict the future or their win rate. The edge

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elliott wave theory

Getting Started with Elliott Wave Theory

This is a guest post by Jeremy Wagner, CEWA-M @JWagnerFXTrader on twitter, Certified Elliott Wave Analyst-Master. His website is seethewaves.com. Getting Started with Elliott Wave Theory (Part 1) Elliott Wave Theory was discovered by Ralph Nelson Elliott in the 1930s as a way to describe the market’s behavior.  Elliott realized the markets trended in repeatable and

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most shorted stocks right now

Current Most Shorted Stocks Right Now 2021: November

A list of the current most shorted stocks today can be the place to look for deep dip value buys. The stocks with the highest short interest across all major U.S. stock exchanges should be watched and stay updated on for short squeeze opportunities.   These company stocks have the highest percentage of their shares borrowed to

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Printable Candlestick Patterns Cheat Sheet PDF

Here is the candlestick patterns cheat sheet for The Strat Combos trading strategy created by Rob F. Smith.  This image started as a sketch from Sara Strat Sniper and was turned into an infographic cheat sheet by Kostchamore on Twitter.  Printable Candlestick Patterns Cheat Sheet PDF TheStrat Combo Sheet-> Here Sara’s Ultimate Strat Guide. Must

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low float stocks

Low Float Stocks

Low float stocks have a low number of shares issued in relation to high float stocks. Low float stocks usually have more volatile price action than larger float stocks. With fewer shares in the market buying and selling has a higher impact on price movement. Low float stocks tend to have larger bid/ask spreads and

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Candlestick Pattern Cheat Sheet

Candlestick Cheat Sheet

Here is the great candlestick patterns cheat sheet for Rob F. Smith’s The Strat that was created by Sara Strat Sniper that explains the signals they trade from entry to exit using this strategy.  Image created by @TradeSniperSara You can subscribe to Sara’s YouTube channel here to see videos where she explains The Strat in detail. 

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