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Alright, let's talk about something that is absolutely essential to Forex trading—planning. I know, it may not sound too exciting, but bear with me because if you get this right, it can actually change the way you handle the markets. We're talking about using something known as the "planning law" in order to build those stunning profit areas in your trades. Alright, so let's get going!
What's the "Planning Law" Anyway?
When we talk of the "planning law" in Forex, it's actually just the way you position yourself to win. It's knowing what you are doing when you are in the market, having a game plan when things are going bad, and being sure where you are heading. Just like exercising your body at the gym—each area that you desire to work on, you can choose. Well, what you're actually doing in trading is the same exact thing. You're finding areas in your strategy that need to be tweaked a little bit.
It's not starting from ground zero every time. It's tweaking what you're already doing to create the results you want.
Creating Profit Zones: It's Like a Strategy Makeover
Alright, you've been having trouble hitting a certain profit target on your trades. Maybe you're close but you just can't seem to make it. The second target is out of reach. That's where planning law comes in. Instead of doing the same thing harder, you can pivot and improve yourself from what you're doing now.
It's as if it changes a new routine for a workout—add in some new maneuvers or do new muscles. You don't erase it all and start anew; you add on to what you already know.
The Subconscious Mind: Your Secret Weapon
This is the best part—your brain has a lot to do with all of this. When you're making your trades, there's this amazing resource you can draw on that few people ever consider: your subconscious mind. This is a little brain-twisty, but just bear with me.
Studies show that your subconscious is far more open to receiving new ideas if you wake up in the morning or right before sleeping. That's when you're mind is in open reception mode, open to suggestions. Why not take advantage of it to plant some trade objectives? When you focus on what you're going to do—your next successful trade, say—you're conditioning your subconscious to help you make it happen.
When is the Best Time to Use the Planning Law?
So, when do you do this? Early in the morning and just before bed. These are golden moments because your subconscious mind is open to suggestion at these times. As a matter of fact, many successful individuals do this. They write down their goals on cards and read them repeatedly. It's like reminding yourself what you want every day, wherever you happen to be.
Bob Proctor, for example, would carry his goal card everywhere with him—reading it in the bathroom, on the way to work, basically anywhere he had a moment to spare. The idea is to keep reading those goals over and over again until they become part of your mindstream. This little habit can totally transform your trading life.
Your Thoughts Are Like a Frequency: Attract What You Want
Here's something you've probably noticed: You're thinking about a friend, and whoops, they call you. Or you're about to text someone, and they text you. That isn't coincidence. Your thoughts are sending out frequencies that attract like energy.
And why not use this law to Forex trading? If you keep your intention in mind and send out positive, confident energy, you're attracting the opportunity that's tuned in at that frequency. The more you keep your intention in mind, the more your choices and actions will support it. You become a magnet for success.
The Bottom Line: Make the Planning Law Work for You
And there you have the big secret—use the law of planning to create those areas of profit you want. It is merely a case of getting your conscious and subconscious mind focused on that which you truly want to create. Use not only hard work and luck alone—train your mind to do what you want, and never against you.
It can be a question of minutes and practice, but when you're in the habit of charting trades this way, you'll start to feel a difference in the way you interact with the markets. And that difference can be the difference-maker that turns your Forex trading dreams into reality.
