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.

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Ten Things I Look For When I Follow Someone on Twitter

                                                                                                                                                                                                                                                                                                     While twitter can easily become a big waste of time on trivial things I admit. It can also be a powerful tool for instant information, learning, and growth. I generally follow between 40 and 50 people on twitter at any one time and I am very picky about who I follow. My tweet

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if you always what youve always done author unknown

Ten Trading Aphorisms

  An entry does not determine profitability it only determines potential profit the exit is where the win or loss occurs, focus on that. A robust trading system means nothing unless you can follow it with discipline and self control. Charts don’t care about any one persons opinions why should you? Good trading will make

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Evolution

My Evolution As A Trader: 10 things that I have Learned the Hard Way

                                                                                                                                                                                                                                      “You adapt, evolve, compete or die.” – Paul Tudor Jones  I do not trade the same way I did when I started actively trading the stock market in the late nineties. The market itself has taught me many lessons about keeping my gains and cutting my losses short. I have traded through one of

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yes no2front

The Good Trader Survey: Ten Questions To Ask Ourselves

                                                                                                                                                                                                                                                                                                            Here are ten questions to ask yourself to see where you are along your own path in the trader’s journey. Are you willing to exit your trade if it gets to a predetermined price level that indicates you are wrong about it? Are you structuring trades through position sizing and stop losses so

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ignore noise

Trading: Getting Results While Ignoring the Noise

                                                                                                                                                                                                                                                                                                            New traders have to learn what to be concerned about and what to ignore. Trading is about managing risk, the right psychology, growth and development, a good trading plan, a robust method, and reacting to what the market is actually doing instead of trying to predict what it will do. To many new

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Pains

Overcoming 10 of the Pains in Trading

                                                                                                                                                                                                                                                                                                     Trading is not all fun and games. Traders do not make money on every trade, most don’t even make money on half their trades. It is not like other careers, jobs, or hobbies where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may

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