Trading Psychology and Strategy by Steve Burns
Steve Burns: S&P 500 index performance after U.S. midterm elections questioned
Steve Burns, founder at New Trader University, questioned how the S&P 500 index tends to perform after U.S. midterm elections over periods of one day, one week, and one month historically. Burns ...
Chart drop categories range from normal pullback to crisis, Steve Burns notes
Steve Burns, identified as founder at New Trader University, outlined specific percentage-based parameters for declines in chart patterns. Burns described a -5% drop as a normal chart pullback, ...
Steve Burns: Focus on how much of the earnings gap a stock maintains
Steve Burns, founder at New Trader University, emphasized that after a company reports earnings, it is important to observe not only the initial size of a stock's gap but also how much of that gap ...
A 20 percent gain after a 20 percent loss leaves an overall shortfall, Steve Burns notes
A 20 percent gain following a 20 percent loss does not return an account to its initial value, Steve Burns stated. According to Steve Burns, founder at New Trader University, an example sequence ...
Steve Burns: Intel stock drops 21 percent after weak guidance and PC slowdown concerns
Intel shares plunged by 21 percent as the chipmaker attributed its weak guidance to a slowdown in the PC market, according to CNBC. Steve Burns, founder at New Trader University, highlighted the ...
Which stock could match Nvidia's growth, Steve Burns asks
Steve Burns, founder at New Trader University, asked which current stock might have the best chance of matching Nvidia's stock performance given its growth rate, product innovation, and the vision ...
Steve Burns: New traders should focus on trading swings and trends
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, ...
Learn to fix common trading mistakes with new live series, Steve Burns notes
A new four-part live Zoom series will address the seven most common trading mistakes and present the S.M.A.R.T. method for improvement. Steve Burns, founder at New Trader University, announced the ...
Steve Burns: Different trading styles require various price monitoring habits
Different types of market participants have distinct approaches to monitoring price movements. Steve Burns, founder at New Trader University, explained that many day traders focus on trading ...
Market rewards sound decisions over quick gains, Steve Burns notes
Steve Burns, founder at New Trader University, stated that the market provides rewards in proportion to good decision making skills, rather than to a rush for rapid ...
Steve Burns: Tesla reports adjusted earnings per share of 48 cents, beating estimate
Tesla reported adjusted earnings per share of 48 cents, exceeding the 43 cents estimated by analysts. Revenue also came in above expectations at $28.05 billion versus the $27.9 billion estimate, ...
Traders can pursue several paths to millionaire status, Steve Burns notes
Steve Burns, founder of New Trader University, described several routes that traders can follow to become self-made millionaires. He noted that a trader can follow paths labeled #1, #2, or #4, or ...
Steve Burns: Speaking about stock positions can anchor your ego
Steve Burns, founder at New Trader University, advised that frequently discussing stock positions can deepen personal attachment to them. He suggested traders benefit from remaining silent about ...
Studying markets with a scientific approach helps improve trading systems, Steve Burns writes
Markets are always evolving, according to Steve Burns, founder at New Trader University. Burns references his book, 'How to Trade Like a Scientist,' which advocates using scientific principles ...
Steve Burns: TSLA rises 1.89% after announcement of flying cars
Shares of TSLA increased by 1.89% despite the announcement of flying cars. The reaction was highlighted by Steve Burns, founder at New Trader ...
Stacking strong financial years enables freedom, Steve Burns notes
Steve Burns, founder at New Trader University, stated that becoming wealthy does not need to happen overnight. He advised that having enough good financial years in succession can eventually allow ...
Steve Burns: Key steps to improve your trading journey
Steve Burns, founder of New Trader University, shared a series of recommendations for people looking to quicken their trading journey. He advised individuals to learn about their mental ...
Evaluating trading systems using scientific principles, Steve Burns writes
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 ...
Steve Burns: Five signs you are moving beyond the employee mindset toward financial freedom
Steve Burns, founder at New Trader University, which operates under his self-employed business activities, outlines five signs that indicate a shift from the employee mindset to a more financially ...
Mathematical strategies guide trading performance, Steve Burns notes
Steve Burns, founder at New Trader University, discusses what traders should expect from their trading approach. Burns references his book, Trading is Math: The Formulas for Profitable Trading ...
Steve Burns: Accounts to follow for trading insights on X
Steve Burns, founder at New Trader University, shares a list of notable trading-related accounts to follow on X, highlighting various specialties such as day trading, trading tools and analytics, ...
