Trading Psychology: Why you can’t execute your strategies successfully? | Prashant Shah | Definedge

Prashant Shah begins his video series on trading psychology with this video.

Many traders believe that if they develop better strategies, they will be able to perform better. Despite knowing strategies, most traders have difficulty executing them. There are very few traders who understand the importance of trading psychology and the correct mindset that are required for successful execution.

The concept of Shadow P&L was discussed in the first video of the You, Me, and Trading series on trading psychology. There were some questions from the viewers, and those were important to elaborate on. The video addresses these queries and explains why it is very important to understand shadow P&L so that you can overcome problems related to the successful execution of your strategies.

The point discussed in the video is relevant to any trader, whether you are an intraday trader, a positional trader, a trader of options, a trader of Nifty or Bank Nifty.
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Disclaimer:
Above video study is for educational purposes
We cannot guarantee the accuracy of any information provided
None of the content shown here constitutes a recommendation and are not intended as trade or investment advice
Futures, stocks & options trading involves substantial risk of loss & is not suitable for every investor
Past results are no indication of future performance
All trading strategies which are used at your end is at your own risk
Please do your due diligence before taking any trade