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Steve Burns, founder of New Trader University, advised that new traders should avoid attempting to short market tops or buy market bottoms and instead concentrate on trading the swings, momentum, and trends in between.
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Burns has previously discussed how R-multiples help traders assess their trades by evaluating results in relation to risk. In separate coverage, he reported that Tesla posted adjusted earnings per share of 48 cents and $28.05 billion in revenue, exceeding analyst forecasts. These insights add further context to his ongoing trading advice.