cover of episode Interview with Steve Burns: Author of "New Trader, Rich Trader" | 12.09.24 OVTLYR Trading Room

Interview with Steve Burns: Author of "New Trader, Rich Trader" | 12.09.24 OVTLYR Trading Room

2024/12/10
logo of podcast How to Trade Stocks and Options Podcast with OVTLYR Live

How to Trade Stocks and Options Podcast with OVTLYR Live

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Shownotes Transcript

Join us for an in-depth conversation with trading legend Steve Burns, author of New Trader, Rich Trader and one of the most influential voices in trading. With over 600,000 followers and decades of experience, Steve shares insights on trading psychology, risk management, and strategies to help you become a better trader.

What’s Covered:

➡️ Trading Psychology: How mindset and discipline drive long-term success. ➡️ Strategies Discussed: Steve’s favorite 5/20 EMA crossover and adapting to volatile markets. ➡️ Lessons Learned: Risk management tips from decades of trading, including avoiding massive drawdowns. ➡️ Book Recommendations: Top picks for traders, including New Trader, Rich Trader and How I Made $2 Million in the Stock Market.

Key Takeaways:

💡 Risk management is the cornerstone of trading success. 💡 Insider buying and institutional support are critical for building a winning watchlist. 💡 A positive expectancy model and proper position sizing are essential for profitability.

#TradingTips #SwingTrading #RiskManagement #StockMarket #SteveBurns #TradingBooks #TechnicalAnalysis #LearnToTrade #OVTLYR

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