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Great points FTW!When i started out seriously in this i read the book "Trading as a Business", and it helped me organize my thoughts before i decided how to proceed.A plan is a way to organize your goals into a set of actions in order to attempt to reach your goals.That's the place to start.What do you want to achieve?How will you acheive it, what strategy or strategies will you employ?Who will manage all of this? Do you have the time to manage this full-time, or will you start out part time?How much capital will you allocate to each strategy?You get the idea.CanOz
Great points FTW!
When i started out seriously in this i read the book "Trading as a Business", and it helped me organize my thoughts before i decided how to proceed.
A plan is a way to organize your goals into a set of actions in order to attempt to reach your goals.
That's the place to start.
What do you want to achieve?
How will you acheive it, what strategy or strategies will you employ?
Who will manage all of this? Do you have the time to manage this full-time, or will you start out part time?
How much capital will you allocate to each strategy?
You get the idea.
CanOz
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