This is a great idea. I have always tried to present trading as a
serious business to our group and that is how this profession should be
approached. You should have a detailed plan as to how much money you
want to spend on overhead, the amount of capital you are starting with,
what your monthly loss limits are, what are your monthly and annual
goals are, etc.
I think this can help you stay focused. It will also keep you from
trying to hit home runs. And you won't be so paranoid about your
monthly overhead costs such as software, data, broadband and
commissions.
John