Report ID: #77723BC9
Date: 07 April 2026
Classification: Assessment Report
This trader is currently under active investigation. Our team is gathering and verifying evidence. This report reflects the current state of the investigation.
| Name | Steve Burns |
|---|---|
| Country | USA |
| Status | Under Review |
| Investigation Date | 28 Mar 2026 |
| Profile Views | 8 |
| Description | Steve Burns is the founder of New Trader U, an educational platform dedicated to teaching risk management, trading psychology, and rule-based systems. His philosophy, frequently shared via his Twitter/X account, emphasizes that trading success is a mathematical process of following a plan rather than a series of emotional predictions. Core Trading Rules Burns advocates for a set of "Golden Rules" designed to preserve capital and ensure long-term survival in the markets: Risk Management First: Never lose more than 1% of your total trading capital on any single trade and maintain a total account risk below 5% at any one time. Trade Price Action: Base decisions on current price movements and confirmed signals, not on personal opinions, market predictions, or emotions. Maintain Ratios: Only enter trades that offer at least a 1:3 risk-to-reward ratio to ensure that a few big wins can cover multiple small losses. Avoid the "Big Loss": Ensure every trade results in one of four outcomes: a small win, a big win, a small loss, or break-even—but never a big loss. No Averaging Down: Never add to a losing trade, as this can lead to account destruction when fighting a strong trend. Educational Philosophy His teaching approach at New Trader University focuses on building a "Rich Trader" mindset through structured learning: "Tuition" of the Market: New traders should view initial losses as necessary "tuition" for their education rather than failures. System Over Ego: Successful trading requires replacing human emotion with a mathematical system. The goal is to act like a "casino" (the house) by trusting the edge over many repetitions. Discipline as a Skill: Consistency in following a plan is more critical than the specific strategy used. Without discipline, even the best system will fail due to human error. |
Legal Notice: This document reflects the editorial assessment of Signal Core s.r.o. based on publicly available information and evidence gathered at the time of review. It does not constitute a legal, regulatory, or judicial finding. The subject of this review may dispute these findings via isyourtraderreal.com/dispute-resolution. Trading Integrity Bureau is an independent review initiative operated by Signal Core s.r.o. — not a government, regulatory, or official body.