A Trading Plan is an individual thing. It should be tailored for your needs, abilities, and/or lack of abilities.By that last I mean that it should recognize your weaknesses and have a structured plan to correct them It does no good to copy someone else's trading plan and ignore the difference in skill level that may be present.
That is why I kept my trading plan template so sparse. It it a skeleton. and it will need to be fleshed out by the individual trader. Some will devote more time and thought to monitoring their physiological and emotional state. Others will spend time on Risk and Money Management. And still others will want to concentrate on the mechanics of order entries, exits, and stop management. And, of course, it is not cast in stone and may be modified to meet changing circumstances.
Whatever you choose to include in your trading plan, and however you arrive at your choices, the very act of thinking about and deciding will help to firmly establish these parameters in your mind.
Also, please note that, if you trade many different instruments with differing characteristics (e.g. Stocks, Options. Stock Indices, Forex or Commodities), then you will probably need a separate trading plan tailored for each of your trading instruments.
And finally, this is not the final word in writing trading plans. Others may disagree with what I have chosen to include or emphasize. Again, your trading plan must be tailored to your individual needs and abilities. So have fun, think a lot about it, and then go to writing your trading plan.
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