"Stock trading is a Business. It is a game or a play. Treat it as a business, and chances are you will perform better."The written business plan or trading system is important really. Ask questions to yourself before you throw your money to market.
In my stock trading, I have mapped out my of trading plan (or you can call it business plan). To be disiplined to stick to your system is what matter the most. You can have a system that is in theory gives you positive return (you can backtest a system using stock trading software), but without disciplined execution, the system is nothing.
The picture above is another fabulous example of a trading plan. The source if the picture was taken from here. In the example, you have to keep asking yourself if the stocks you are buying fit your criteria. If it does not, do not trade. Period. There will be next time.
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