Steve BurnsNew Trader Rich Trader 2: Good Trades Bad Trades

Excellent book, loaded with useful information. Mandatory read for every beginner. Don't start trading before you read this book. You will not be disappointed, but start with the book 1, of course:)

Great books! (both New Trader 1 & 2) As a new trader trying to learn the ropes this was a fantastic read and helped me to formulate an actual trading plan and put some things into perspective. I have read several market & trading books, but this one was a fun read that is not dry like most trading literature. Worth every penny and a great novice/intermediate book. I wish I would have started with New Trader Rich Trader. I think it would have helped me find my direction much better and faster.

Easy on the brain and a great perspective that helps bring the new trader back to center! Steve and Holly keep it coming!

I have been working on my methodology for the last 24 months; this year up 41%YTD. Once you have found a methodology that fits your personality and you trust it and believe in the probability of success the whole game becomes money management and self control. This books puts all of that into context and its nice to know everyone goes through the same trials and tribulations to be an effective and profitable trader. Thank you! It's an excellent and enjoyable read.

I have been a trader for 5+ years, followed different strategies and systems but Steve's knowledge and experience is beyond anything I have seen or read. I wish I came across these book earlier in my trading career, I would have cut my learning time and bad experiences by a significant amount.Getting into trading, without reading all these books is waste of time and will get into bad habits which would be hard to overcome.Steve is the most knowledge, yet Generous Trader who as articulated the psychological aspect of the trading in these books.While, I am trading day in and out, my Dad (over legal retirement age) was so upset over me in trading business because of the risk involved. I got him these books and God, after reading all of them, he has a different opinion now and thanks to Steve, we discuss the strategies and risk management together which is helping me build a better trading system.I got this book and list of books mentioned below for my Dad, A must read for all age groups, not only if you are trading but also get a feel of what this business is and what aspects of human emotions have to be reigned in to excel in tradingNew Trader 101: The Fastest Way to Grow Wealth in the Stock MarketNew Trader, Rich Trader: How to Make Money in the Stock MarketNew Trader,Rich Trader 2: Good Trades, Bad TradesCalm Trader: Win in the Stock Market without Losing Your MindTrading Habits: 39 of the World's Most Powerful Stock Market RulesHow I Made $2,000,000 in the Stock Market: Now Revised & Updated for the 21st Century

Basic but very solid concepts that MUST be understood to hearth in order to have a chance at trading profitable as a business...written in a Story format that entertains and still down all those basic trading concepts. I read the book in one weekend, then went back and study it over and over...

Nothing special or new here. Some good advice on risk. The story is not much to talk about, à bit corny. The author want to sell his educations

Positives: Steve and Janna Burns managed to build a cool plot in this book. Actually, on page 38 I had to laugh as it became clear that this might include a love story, as well (a nice extra for all female readers, and probably Janna's idea as I think Steve would rather have included several cats in the plot). The book basically is a written conversation between Rich Trader and New Trader, probably both coffee addicts. New Trader is struggling with his trading (and with his girlfriend). Rich Trader is of great help as he provides both trading advice as well as mental support, and New Trader actually gets better over time as he works his shortcomings. The conversation covers all major universal trading rules one should follow to become successful imho. Therefore, the book is a great read for all novice traders, and a great refresher course for all experienced traders. In the last chapter, I felt like the book was supposed to be continued with part 3 some time (maybe including cats).Negatives: I did miss some more specific trade examples that show good process vs. bad process, maybe a comparison of how Rich Trader would manage some trades vs. New Trader, just to get the idea. In addition, the layout within the book could be improved upon in order to increase readability. For example, include tables, figures, and images to help loosening up the text.

It explains the important points in trading in a very clear way.

Gave 5 rating because i admired the way of presenting the concepts by the author , book was certainly a delight and kept me hooked , read the whole book in just 2 sitting, the ending was pretty hilarious and caught me by surprise , overall concepts like trading psychology and discipline have been explained in a very simple and easy to grasp manner , liked this one a lot.

邦訳本のニュートレーダー＆リッチトレーダーがあまりよかったんで、続編にしてまだ邦訳されていないこの本を買っちゃいました。長い目次なんです。そしてそれがどうやら結構本体の要点にもなってる。なので、目次をじっくり読むだけで、とりあえずはかなり役に立ちそうです。ていうかその目次には基本的なことが書かれているんだけど、それをちゃんと自分はやっているのかどうか、そこが問題なわけ。そのチェックリストとしては結構いい感じです。

Best book for all Trader. Highly recommended"Trading is not the path to free money Profits must be earned through homework,discipline,courage,patience,and perseverance in the markets." - Rich Trader

This book is great for including all the core concepts all traders must understand. I've read the other reviews and they're right in that this book seems redundant compared to what's out there but Steve does a great job neatly summarising all the important trading concepts into one neat little book. This should be a must read for all beginning traders and traders looking to rehash forgotten core principles. The reason I gave it 4 stars is bc although the explanations are correct, it's lacking depth (more detailed explanation). An in depth explanation would have contrasted the style of this book as its a light read, PACKED with all the basics of trading. I recommend 'trading in the zone by mark douglas' for depth.This book is fantastic and I recommend it to all traders. Its not a long read but it really helps hammer home concepts that we, as humans, will always forget. Cancel your Spotify subscription for a month and buy this book. Thank Steve later