Time action vs Price action on stocks

This is my first time at writing a blog. So please excuse me if its not upto the "mark".

I have been trading for 10 months now, and inspite of all the research and analysis, i have always seen one thing.

1. There is no one who can tell you how time action will follow for a price action.
2. All TA indicators talk about is Price action.
3. EW talks about price action and is very very subjective on how to interpret waves. Most of the traders fail at interpreting the correct form. Long term projection are amazing with this tool, but for daily trading or positional trading(2-3 weeks), this tool goes for a toss. Atleast for me.

So i started searching for something which can help me with time action and came across a book called "The magic of stock transaction timing" by Mr J.M.Hurst.

Its a very very complex book and anyone who hated maths in their life will not like this book. Because the authour does not give you lengthy speeches in the book. He is upto the point and straight away gives you the approach.

I have just started reading it and found it so useful. I could time trades on Indexes and stock. Its a long way to go to fine tune it. But surely this is the path i am ready to follow.

Why time analysis is important

1. It takes the pressure off from making trades. Have you felt the way i feel after my trade gets executed. Lets say i long a particular stock at particular price, and the prices start falling the minute the trade got executed? Do you watch indices all the time when market opens? Do you feel anxious when a trade goes against you and then you close with loss only to see that two days later its trading at your initial target price?
2. It prevents you from watching indices all the time.
3. It prevents you from constantly collecting data from all the sources and finally getting confused.
I had all these experiences and hence started analysing the time aspect.

Advantages

1. Takes the pressure off.
2. You do swing trading and you dont look at prices( i mean you do look for entry and exits) but you place your trade with confidence.
3. You keep your trade with you with less tension even if MTM is negative.

The only disadvantage i could find is

1. You dont enter the trade at one particular price. But that can be fine tuned by using Support and resistance levels. I am doing that right now.

So lets analyse these time action together and make more successful trades with less tension.

Cheers!!!