Steve Burns has successfully traded in the stock market for over 30 years. He has read over 400 Books about Trading and is a walking Encyclopedia when it comes to market history. He's authored over 25 Trading Books with his wife, Holly, and is one of the most influential Tweeters off Wall Street.
Scott and Steve discuss:
- Getting to Financial Independence
- Navigating the Current Market
- How to Develop a Trading System
- Surviving Drawdowns
- Investing vs. Trading
- Steve Reading over 400 Trading Books!
- The 5 Things Every New Trader Needs to Succeed
- Artificial Intelligence & ChatGPT
- Bitcoin & Digital Assets
- MUCH MORE!
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This is not investment advice or an endorsement of the securities or property mentioned.
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Official Website: http://www.hotwallet.ca
Follow Scott on Twitter: http://www.twitter.com/scottrades
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Follow Steve on Twitter: https://twitter.com/SJosephBurns
New Trader U: https://www.newtraderu.com/
Get New Trader Rich Trader on Amazon (Canada): https://a.co/d/03Mqd9d
Get New Trader Rich Trader on Amazon (USA): https://a.co/d/cvJpD3A
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0:00 Intro
0:48 Steve's Beginning
2:05 Current Market Conditions
3:28 Current Trading System
4:26 Backtest a Trading System
6:28 Trader vs. Investor
8:13 Removing Bias
8:57 Surviving a Drawdown
11:25 Creating a Trading Plan
13:29 After-Hours Preparation
14:50 Reading over 400 Trading Books
15:47 Connecting with Trading Authors
17:03 Learning from Legendary Investors
17:49 Favorite Trading Books
20:45 Deciding on What to do
21:12: Writing
23:05 New Trader Rich Trader
25:16 Hearing about a Blowup
27:20 Advice for Starting at Zero
29:09 5 Things Every Trader Needs
31:40 Trading Resources
34:28 Path to Financial Independence.
36:19 Setting Goals
38:24 Bitcoin & Crypto
39:44 AI and ChatGPT
42:09 Social Media & Elon
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