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Steve Burns, founder of New Trader University, discusses how to determine if a trading system can survive real market conditions. Burns points to the ideas in his book 'How to Trade Like a Scientist: Use the Principles of Science to Build, Test, and Continuously Improve a Profitable Trading System.'
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Burns has previously explained how R-multiples help traders assess their trades by evaluating results in relation to risk. In another article, he identified five key signs that individuals are progressing toward financial freedom. Both topics contribute to his ongoing focus on disciplined trading and financial improvement.