I cannot teach money management at this time, which is the one of holy grails of the trading. along with the rules to enter and exit the trade. May be one the next posts, I shall address that. For a market to experience a CIT (Change in Trend); price cycles and time cycles must coincide in confluence. Price cycles and time cycle confluence is, like +ve and -ve charges to come in together to create a spark or blow out. More exact they come in, stronger the reaction of the market shall be. It has been proven in several of my forecasts. Do I need to mention them?.................
It is saddening that people just sit there, and jump the gun, while trading. Trading Success Rules must be followed to enter and exit the trades.
One must read my posts with analysis fully, study the charts attached therewith. Several hours of work is put into these analyses.
IBM Price cycles did not come on the time anticipated to have been triggered, however, one of the time cycles came, which did create a mere 2-3% decline. Here is the copy of my IBM Forecast.
Do you see any of the price cycles being triggered?
Had any of the price levels been triggered, when the time cycle arrived, then IBM must experience a noticeable change in trend.