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.

Game Theory

What is Game Theory?

Game Theory was originally an idea of John von Neumann based on the strategy and equilibrium in two person zero sum games and its proof  was the Brouwer fixed-point theorem which has become a standard method in game theory and mathematical economics. The study and attempt to understand interactions of competing parties using mathematical models to set

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what is equity

What is Equity?

In a publicly traded company there are customers who buy their products, employees who get paid for there time and work, there are bond holders that get paid interest on the company debt they own, and then there are the investors that hold the company stock and own equity in the company. Traders also buy

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Normal Distribution

The Normal Distribution Formula

In probability theory a normal distribution is a kind of probability distribution with a set value of random variables. The normal distribution formula is: Normal distributions are valuable in statistical analysis and is used a lot in trading to set values on random variables of future distributions that are not known. Normal distribution states that under market conditions over many average

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