Trading Plan Template

Here's a good email question from a YTC reader:

"It is said that you should have a trading plan, and then once you have your trading plan you should only follow that. I want to know what are all the components of a trading plan? How do I make my trading plan?"

Response:

I'll recommend a link which will answer the question a lot more thoroughly than I would via email.

The following webpage has a link to a pdf download, which explains in detail about a trading plan, as well as providing a template for creation of your own.

http://www.trade2win.com/knowledge/articles/general_articles/trading-plan-template/

Of course, as you work through it, add anything else you feel should be in your own plan, and delete anything that's not relevant to your circumstances.

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