Lets start with what a trading plan is not: a trading plan is not some vague instructions on a piece of paper, gathered advice from well-worn trading books, no. Thats what you call a roadmap to disaster. The currency and stock market is a treacherous place and going into it with only vague instructions will have you end up bankrupt faster than a blink of an eye. Real trading plans are seriously thought out pieces of self-examination and complete research into a market or a field. They are like mirrors of a traders personality, guiding him to do actions that would maximize profit and minimize loss in forex