Patrice R.B. / NEoWave Editor / 2 Minute Read

Fear. Doubt. Uncertainty. Frustration. False hope.

These emotions put you at risk when trading and investing. How can you assure trading profits? You must replace EMOTIONALISM & GUESSWORK with LOGIC & CONFIDENCE.

In his new, in-depth article, trading advisor Glenn Neely shares critical information that every trader and investor must know. Step by step, he presents a new way of looking at markets that allows you to enter profit targets and stops – well in advance – without forecasting anything!

In this article Glenn Neely stresses that, when trading and investing, managing your emotions is paramount. He discusses a logical, objective framework that enables you to:

• Objectively pick stocks
• Confidently enter positions
• Respond to predefined targets and stops
• Quickly cut your losses
• Let your profits run

Read Glenn Neely's article

Glenn Neely explains why emotion and uncertainty put you at risk when trading in this highly insightful and educational article "How to trade without emotion and guesswork (and how this can impact your trading results)"

Read the article

Don't miss Glenn Neely's companion webinar!

You may want to watch the companion one-hour webinar, "How to Remove Emotion from Your Investing Process," presented by Glenn Neely in December 2023.

Watch the video

BONUS: Additional trading tips from Glenn Neely

• "If I'm making money, I focus on the targets. If I'm losing money, I focus on the stops."
• "If a number is not a round number, like 3,672, I just round it down to 3,600. Most people place orders at even numbers, not fractions. You're more likely to get a good fill at 3,600 than at 3,672."
• "One of my current stocks is a $700 stock. I don't take a lot of shares when it's that expensive. I try to keep allocation to about $3,000 per stock and keep my risk to about $250 per timeframe."
• "You will rarely see the NASDAQ, Dow Jones, the S&P, or another index moving really fast or really slow, because they are averages of lots of stocks. But you do need to be careful about how much you invest in an index, and you need to reduce your exposure, because it can be less predictable."

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