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For over 40 years, Glenn Neely has been a leading innovator in market forecasting and trading. He is the creator of NEoWave Forecasting, an advanced Elliott Wave methodology, and the NEELY RIVER Trading system and software.
Glenn began studying Elliott Wave Theory in 1980 and went on to develop new patterns, concepts, and rules that made Wave analysis more logical, objective, and reliable. He founded NEoWave, Inc. in 1983 to teach and provide advanced Wave forecasting to Elliott Wave enthusiasts worldwide.
He is also the author of the classic book Mastering Elliott Wave, which introduced the first scientific, step-by-step approach to Wave analysis and forecasting.
Glenn Neely explains the name NEoWave as a reflection of his work expanding on traditional Elliott Wave Theory:
"I titled Chapter 6 of my book 'Neely Extensions of Elliott Wave Theory' because this is where I began creating new concepts to make Wave analysis more logical, objective, and scientific. After writing the book, I decided to call my business and methodology 'NEoWave,' a shortened version of 'Neely Extensions of Wave Theory.' That's why the N and E are capitalized."
For a deeper look at Glenn Neely's career, innovations, and full biography, visit GlennNeely.com
Glenn Neely's insights extend beyond forecasting into practical trading strategies. In his continual search to improve trading outcomes, he developed NEELY RIVER Trading methodolgy and software. In a flash of insight, he realized that trading is like manning a boat on a river. As he explains:
"A river eventually flows to the ocean ... you will eventually reach your destination. When in the river, you don't manage the environment, you manage the boat. NEELY RIVER is about what you must do right now to survive – and profit – until the market runs its course and arrives at its destination."
This proven approach to trading, along with NRT software, guides traders to create lower-risk trading strategies with an emphasis on capital preservation, unemotionally cutting your losses quickly, and letting your profits run.
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