Have you heard of Matt Poll’s Indicators of Success?
Like day trading, you may have also realized there are indicators in your life that tell you when to try something new or when to step away from a project that isn’t serving you. When you force something into your life – say how you relate to a certain family member, or when you convince yourself that your job will just have to do when you’re not happy in it – these are indicators that a change is necessary.
Like life, price action – using what has happened in the past to help you make the best trading decision in the present – is the “most important thing in day trading,” says Matt Poll. But, relying on “indicators… as a POTENTIAL entry/exit confirmation for your analysis…can be great tools to complement your trading idea.”
Say you are ready to change jobs – maybe even careers. You’ve looked at what has happened to you in the past when such a shift has taken place. You’ve searched out what was good and not so good about the decision. But you’re also looking at what is happening today – at this very moment in the line of work you want to move in to. You are looking at indicators.
Like a life well lived with a loved one, there are hills and valleys, that if managed well will yield the greatest results. The best currency pairs, like the best pairs in life, are individuals working together who focus on what will lend them the greatest results.