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Radical Personal Finance

190-Learning To Trade Stocks: Interview With Steve Burns, Founder of New Trader University

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 7 May 2015

⏱️ 62 minutes

🧾️ Download transcript

Summary

Today we dig into the topic of trading stocks. And who better to speak with than the guy who started a "university" to teach the subject?

My guest today is Steve Burns, founder of www.NewTraderU.com

Here's some background about Steve, directly from his About page

"After a lifelong fascination with financial markets, Steve Burns started investing in 1993, and trading his own accounts in 1995. It was love at first trade. A natural teacher with a unique ability to cut through the bull and make complex ideas simple, Steve took to blogging and social media by founding New Trader U in 2011.

"Since then, New Trader U has attracted hundreds of thousands of visits a month, becoming the go-to resource for people wanting to build a strong, trading foundation. New Trader U offers an extensive blog resource with more than 1,000 original articles (Steve posts daily).

"Asked daily if he could mentor, Steve realized that there weren’t enough hours in the day to give everyone the attention they deserved, so New Trader 101 was born. Developed to help beginning traders survive their first year in the markets, New Trader 101 quickly became Steve’s passion."

The interview covers:

  • Steve's personal story as it relates to financial independence
  • His suggestions for individual investors to protect their portfolios
  • Learning to manage the psychology of investing
  • Teaching kids the skills of investing

Enjoy the show!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

Radical Personal Finance is a 100% listener funded project.

0:04.0

If you're a listener and you like the project enough

0:06.8

to consider funding it, please go to radical personal finance

0:10.4

dot com slash patron. Today on the show, we talk. Finance. He is a stock trader who's been investing in trading his own accounts for more than two decades.

0:27.0

I think you're going to enjoy this inside look at somebody who only trades their own accounts and doesn't have an

0:35.9

agenda beyond education. And Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets and I'm your host.

1:00.0

Thank you so much for being here. Today's interview is a good one. It's nice to talk with somebody

1:05.2

who's just involved in trading their own accounts and I think you're going to like the transparency

1:10.2

and authenticity of today's interview.

1:13.0

We're going to dig through some of the conflicts of interest that exist in trading,

1:16.0

talk about how to get started, and how you can figure out if you should consider becoming a stock trader. My interviewee today is a man named Steve Burns and Steve was introduced to me by

1:31.0

a listener of the show.

1:32.0

I wasn't previously aware of his work,

1:34.2

but listeners, and by the way,

1:35.4

if you have people that you'd like to see on the show,

1:37.1

please connect them.

1:38.4

The best way to do it is send me an email

1:40.1

Joshua at radical personal finance.

1:41.5

com and then CC them on the email so that they know

1:44.7

that you are recommending them and they'll have a little bit of a heads up.

1:48.3

But I love recommendations from the audience and I'm happy to bring all kinds of people on the

1:51.4

show if you can suggest them.

...

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