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.

coronavirus update

Coronavirus News Updates

Here is an update on the current Coronavirus events as of March 12, 2020. It’s official: World Health Organization declares the coronavirus outbreak a global pandemic. Overnight the S&P 500 index futures were halted at 5% locked limit down.  Today the stock market was halted for 15 minutes as it hit a circuit breaker after […]

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Current DIA Chart

Using Moving Averages as Risk Management Tools

Moving averages are primarily used as trend indicators and trend filters. They are quantified technical trading indicators that can be used for backtesting and signal creation. Using moving averages to capture profitable trends are only one side of their usefulness.  What enables moving averages to work as profitable technical trading tools is their ability to

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Trade what they see

How To Trade What They See

This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. Everyone’s effort towards understanding the psychology of how to trade, really goes to waste if there is no understanding of how the market really works. There is massive pressure on new and developing traders to learn various ways

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