
Trading is a serious business, and like all businesses, you need sound business plan if you want to be successful in your business.
Imagine business is like one of the electrical appliances in your house. Every appliances will come with a user manual. You will need to refer to this manual the first time you setting up your appliances, and you may need to refer it again in case there is some problem with your appliances.
The same goes with your business. When you starting you business, you need your business plan to guide you on the thing that you need to do first, second, and so forth. So does when problems come, you business plan is there to guide you to go through the problem.
Construct your own trading plan, but don't do it by yourself. Consults anyone you think can help. Your mentor, your friend who is more advance and have more experience than you, or even your dad. Even if he's not a business-minded person, perhaps he can give you something useful.
I have templates for anyone who is clueless on how to start writing the trading plan. Email me at
ciahcra@gmail.com if you want the templates.
Ciao.