“The story of Icarus is well known, although often misunderstood. Most, when asked of the ancient Greek fable of Icarus, regale the story of a young man who flew too close to the sun while soaring through the skies upon a pair of wings crafted from wax and feathers. Most will tell of the grisly death suffered by Icarus as a result of his plunge into the Sea, now known as the Icarian Sea.
In the world of finance, investment and trading, this seems to be an ominous foundation on which to base a resource designed to encourage the achievement out-performance and alpha-generation. However, a more studious and considered insight into the famous myth provides a more appropriate background. It is a background of prudence, humility and the realisation of the importance of control, thoughtfulness and rejection of greed, and an equal aversion to complacency and hubris.
The story of Icarus is an ancient, and prescient reminder of the importance of recognising what is truly achievable in any great human pursuit. Icarus’ father warns him first of complacency and then of hubris asking that he fly neither too low nor too high, so the sea’s dampness would not clog his wings nor the sun’s heat melt them.
As with all difficult pursuits, the ambition to cast caution to the wind and head towards certain destruction is similarly matched with the danger of casting ambitions too low.
A careful, well considered plan, aiming not too high, and not too low, provides the wings of freedom for all endeavours.”
Icarus Signals is a resource designed for traders, investors and interested minds, occupied by the ambition of outperformance and the creation of wealth. It is the home of economic news, interesting data-points, proven trading models, indicators and resources for the studious and committed individual or business. Icarus Signals shuns the all-too-common ‘get-rich-quick’ schemes found within the investment and trading community, and provides a single-source of news, tools and community, dedicated to the development and distribution of prudent and proven investment and trading models.