Book Reviews Archives - New Trader U

6 Books to Understand Human Nature: Book Recommendations (Human Psychology)

Imagine standing at the entrance of an intricate maze, its complex paths representing the multifaceted landscape of human nature. It’s fascinating. This maze isn’t merely a puzzle to solve; it’s a metaphorical journey into our core, a quest to unravel the various threads of our behaviors, motivations, desires, and fears. In this exploration, we won’t …

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The Game of Life and How to Play it

Book Reviews / By Steve Burns

Book Summary of “The Game of Life and How to Play it” (1925) by Florence Scovel Shinn “The Game of Life and How to Play It” is a timeless self-help book by Florence Scovel Shinn, written almost 100 years ago in 1925. The book teaches readers how to create a happy and successful life by …

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Rich Dad Poor Dad by Robert Kiyosaki (Detailed Summary)

Book Reviews / By Steve Burns

“Rich Dad Poor Dad” is a revolutionary personal finance book that has captured the attention of millions of readers worldwide. Written by Robert Kiyosaki, this book challenges the conventional wisdom of the traditional educational system and encourages individuals to think differently about money and investing. The purpose of this article is to provide a detailed …

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Fast and Slow Thinking Summary

Book Reviews, Books / By Steve Burns

Here is a summary of the top lessons from the book Thinking, Fast and Slow by Daniel Kahneman. System 1 vs System 2 Our behavior is determined by 2 systems in our mind – one conscious and the other automatic. We think fast using heuristics for things we are familiar with instantly connecting the dots. …

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The Subtle Art of Not Giving AF

Book Reviews, Books / By Steve Burns

The Subtle Art of Not Giving a F*ck is a book about filtering what you find most important from what you find not to be important. The premise is that we can decide what to give a f*ck about and what not to care about at all. The author Mark Manson explains that we all …

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The Psychology of Money

Book Reviews, Books, Personal Finance / By Steve Burns

The Psychology of Money by Morgan Housel This book is a #1 bestseller on Amazon in its category and currently has 15,064 ratings that are 77% five star reviews. This book discusses behavioral economics in both personal finances and investing and gives solutions to the problems most people experience with money in their lives. This …

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The Richest Man in Babylon Rules

Book Reviews, Personal Finance / By Steve Burns

The Richest Man in Babylon is a great little personal finance book set as an ancient fictional tale that explains the ‘The Seven Cures to a Lean Purse’ and ‘The Five Rules of Gold’. The Seven Cures to a Lean Purse: Start thy purse to fattening. Pay yourself first. Save money before you pay any …

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Trading for a Living

Book Reviews, Trading for a Living, Trading for Living / By Steve Burns

I first read the original version of this book over fourteen years ago, and it was the book that finally cemented for me the overall structure I needed to understand all the dynamics of profitable trading. I have read hundreds of trading books, and this one still stands head and shoulders above the rest. It …

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Who is your favorite trading author?

Book Reviews, Poll, trading books / By Holly Burns

There are a lot of trading books and resources online. We’d love to know who is your favorite trading author? Who has helped you the most on your trading journey? Check back in a week to see the final results, and thanks for sharing! [yop_poll id=”2″]

Risk/Reward Ratios in the Real World

Book Reviews / By Steve Burns

This is a book review of Nassim Nicholas Taleb‘s new book: Skin in the Game. Skin in the Game is about the dynamics of the behaviors of people when their actions have downside risk along with the potential reward. Too many executives and politicians have all the upside reward from compensation and none of the risks of …

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