A trading plan, just like a normal business plan, is a document that details everything that you need to know in order to run your trading business..

It includes your goals and objectives, how you intend to make money, what your edge is, what you will trade and why, and how you will grow your trading business.

It should also include details about the technical and fundamental analysis you will use, money management, psychological ideals and how you will prepare, execute and then evaluate the trades you place

In order to begin thinking of trading as a business, you need to consider every detail about what can impact your success and what will affect your overall profitability.

You have costs that you need to cover, and in the case of full time trading, there needs to be enough left over for your living expenses. There are also tax implications, computer costs, possible fees for price data and use of trading platforms. Even your electricity bills need to be considered, because they all have an impact on your overall profit.