Friday, March 26, 2010

Trading as a Business

Just like in any other business, trading must be treated like a business. Be it stock trading or any other form of financial trading instruments.

A business plan must be developed in other to ensure success in this arena.
Sample outline would look like the followings;

1. Executive Summary
2. Business Descriptions - Mission,Products,Operations & Organizations
3. Industry & Competition
4. Trading Plan
5. Financial Plan - Budget,CashFlow,P&L and Balance Sheet.

From here, one can indirectly implant an internal desire for whatever it is one tries to achieve.

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