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October 30, 2013 – In a new interview, internationally known trading and forecasting advisor Glenn Neely, founder of NEoWave, Inc., discusses his Neely River trading technology and the current market activity. Plus, he offers this advice to traders: "To catch trends and improve your bottom line, focus on protecting capital and reducing risk to zero as quickly as possible – instead of attempting to predict the future."
Recognized for his forecasting accuracy by Timer Digest and the performance of his NEoWave Trading services, Glenn Neely has devised a trading approach based on reacting to reality instead of anticipating the future. In this interview, he explains that Neely River trading technology is not a forecasting theory; instead, it is an entirely new way of looking at markets, observing price action, and placing trades.
Foundational to Neely River is a focus on managing risk and protecting capital. "When you focus on observing the present and deciding how to behave in the present, this makes trading dramatically easier," he says. "No matter your trading approach, I recommend traders start designing strategies around managing risk and protecting capital – rather than focusing on predictions. If you do that, your bottom line will be much better off. You'll protect your capital. You'll survive in the game much longer. And you'll have more time to catch good trends."
Click to hear this 32-minute interview, recorded in October 2013.
