Aspects of a Trading Plan

1. Trade Contemplation
2. Trade Entry
3. Trade Management
4. Trade Exit
The above 4 are the stages of a Trading Plan.A lot of effort goes into the first two stages of Contemplation and Entry.However Trade Management and Trade Exit are often neglected especially for independent traders.
Each of the 4 stages above are important aspects and hence time and effort for development of each has to be given.