Posts From Steve Burns

Steve Burns
Steve Burns has been investing in the stock market successfully for over 20 years and has been an active trader for over 14 years. He is the author of six books all published by BN Publishing. He ranks near the top 500 of all reviewers on Amazon.com, and is one of the sites top reviewers for books about trading. He has been featured as a top Darvas System trader and interviewed for the Wall Street Journal, Traders Magazine, and Michael Covel. He has also been a contributor to Traders Planet, ZenTrader, and See It Market. He lives in Nashville, TN with his three children, Janna, Kelli, and Stephen III. He trades his own personal accounts.
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S&P 500 ETF ($SPY): 10 Chart Insights For Traders

The S&P 500 closed last week at an all-time closing high. And as the new week starts, a majority of the major stock market indices are trading at or near all-time highs. Let’s review the chart… 10 fast facts about the SPDR S&P 500 (NYSEARCA:SPY): 1.  There is nothing more bullish…

Successful Traders Remain In The Drivers Seat

This post was written by my wife, Holly Burns. We talk a lot about the importance of trading plans, but it has occurred to me that plans may be where many of us are coming up short. Merriam Webster defines a “plan” as a set of actions that have been thought…

10 Trading Rules For New & Aspiring Traders

Whether an amateur or professional, trading is a difficult endeavor. The markets can be unforgiving… and, as much as it pains traders, are always right. It takes a strict trading process and discipline, amongst others, to succeed in this business. Below are 10 golden trading rules that can help new…

10 Reasons Why Trading Is A Difficult Endeavor

Trading is a difficult endeavor. It takes experience and a sound process to help you understand when to get into a trade. And when to get out of a trade. But perhaps even more important is the mental discipline it takes to follow your experience (gut) and process. Here are…

S&P 500 (SPY): 10 Things To Watch In Battle For All-Time Highs

The S&P 500 Index is nearing its all-time highs. And the S&P 500 ETF (SPY) is at all-time highs (dividend adjusted). Either way, the stock market is nearing a critical juncture. Below are 10 things that I’m considering when looking at $SPY… and the market’s battle for all-time highs. 1.  The…

S&P 500 Chart Update: 12 Reasons To Be Bullish On Stocks

The stock market looks bullish here from a historical standpoint. The S&P 500 (SPY) is currently overbought so some consolidation here shouldn’t be surprising. Let’s see if the S&P 500 follows through and continues this trend. Below are 12 bullish signs from the S&P 500 chart below. 1.  Bullish gap up…

10 Trades A Trader Should Make To Become Successful

Throughout the year, we may place several trades. But before we can find trading success, we must make a few other trades first. Below are ten great trades a trader should make concerning psychology, risk management, and methodology. In short, we must turn bad behaviors into good behaviors to turn…

7 Stock Market Signals I Need To See Before I Turn Bullish

There are so many traders and investors that remain bullish even when the stock market is under distribution. BUT, as many investor come to find out, bullish opinions during market corrections can be quite expensive. That’s why smart traders and investors follow the trend. They go with the flow of…

10 Ways Traders Lose Money In This Market

Making money in trading is a function of the market matching our methodology and approach to the market. But at the same time, traders need to be focused and consistent, as there are several ways traders lose money. We trade with a philosophy and we profit when it syncs up with the current…