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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Traders Top 12 Favorite Trading Blogs

                                                                                                                                                                                                                  I conducted a poll titled “What is your favorite trading Blog?”  looking for the top trading blogs online. I was trying to get the poll out there and have some diverse voting. I looked around online to find other top trading blog lists to build my original poll. Thanks to everyone who cast a vote and

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A Trader’s Real Opponent

                                                                                                                                                                                                                                                                                                The day the trader stops blaming the markets, politicians, or ‘They’ and ‘Them’ for losses and starts taking responsibility for their own trading could be the day that they begin to change from losing money to making money. In the end the market is like the ocean and we are the surfer, we choose

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How A Trader can Comeback from a Setback

                                                                                                                                                                                                                                                                                                          One of the toughest thing a new trader will have to do is come back from their first blown up account. Losing 50% or more of an account or even the whole thing is very hard on the new trader’s psychology and nerves. Most never come back form this. There is a big difference

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12 Reasons Why Trading is Worth It

How To Stop Trading With Hindsight & Regret

                                                                                                                                                                                                                                                                                                       Two things that many new traders and even experienced traders waste their time on is regret and hindsight. They look at charts and see the past so clearly on them, they should have bought here, they should have sold there. Why didn’t they? The charts look so obvious in hindsight. We really should

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15 Trading Paradoxes

In over a dozen years of learning what works and what doesn’t in profitable trading I believe there are many paradoxes. Most of trading is counter intuitive and new traders usually enter the market looking for predictions, sure things, hot tips, and to know what to buy. In reality it is following price action as

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