Which do you prefer, long or short for intraday?

I will not wait for the fall, I trade only after the fall, and this usually happens in the 1st hour of the session, Nifty opens low and falls 1% by 10 AM.

And why do you short if the market is up, if the market is going up, don’t you get more opportunities for going long, and fewer opportunities to short, or you are good at shorting?

I don’t trade the index. Say the market/index moves up, it doesn’t necessarily translates as everything should move up.

About why i don’t go pretty much long trades.

I want to be good in one thing. And at most i can handle 2 trades effectively.

The more i want to be everything, i don’t get anything.

Market is chaotic. A huge mass of choas. I want to be crystal clear in the only thing that i do.

You try to get everything that moves, you confuse yourself. Because everything moves in the market.

I just want to be selective. A small niche as a retail trader. Where i can get in and out, with the flow.

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Yes, index moves up but some stocks don’t move up that session.

I too think on the same lines about doing something and getting better at it.

So you trade in derivatives for the day or stocks too?

Stocks only.

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It’s obvious you are confused either to trade stocks or derivatives.

Derivatives are not always Renault and stocks maruti ( referring to one of your post).

That doesn’t mean you should not try new things. Things change, crudeoil and gold use to be what i did. But things change.

As Bruce Lee said, be like water. And try to be here till next year, and the year after that, and the year.

Surviving is essential.

Many ll not last an year.

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I am not at all confused, I am past the age of confusion. I just want to see how derivatives work, just like I wanted to see what is stock market before I came here.

And I am not greedy too, so I know that I will be here for many more years.

I like making analogies, they are not to be taken literally :grin:

How long have you been in the market ?

Like seriously in. Not opening demat account and counting. But like serious serious.

I have been serious since the day I opened my account, in the sense that I have been learning since day 1, and that was 5 years ago.

It was all new and exciting at the beginning, so I did make a few mistakes, beginner’s mistakes, and of course got beginner’s luck too. But I was never greedy, so I never lost much.

I like reading, so I got introduced to all the big names like Lynch, Greenblatt, Schloss, Buffett, Munger etc pretty early, so I had a little perspective at the beginning, and obviously it got better through all these years, and helped me to become a matured investor.

So 5 years and counting.

Pretty new in tradingqna though. Joined d party late…

5 yrs is a good timeframe to turn around things if you have been serious from day 1. But since you are asking most basic things around, i doubt you did much trading.

I pretty see you in your 20’s, quite fresh.
But it’s okay, man want to play tough.

Hey, jst kidding. Can’t get a wink. Will probably watch raised by wolves 2.

I am an investor, not a trader per se, and almost miniscule day trading experience. And I took trading seriously only recently, so I am here asking all the basic questions. I know what I know, and I know what I don’t know, and I try to learn.

Talk is deceptive, just like usernames and DPs. One could act like he has seen it all, and one could act like a newbie despite writing a book. One could be a gray haired elder and act like a teenager, and one could be young and like a middle aged man, so don’t be so sure of your perception :older_adult: :boy:

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Well, what does deception get you here?

Atleast i was not wrong, you are newbie in trading. It’s okay though you seem to get a little hurt.

you successfully deceived me, I thought you’re complete novice in market… totally wrong

5 yrs that’s considerable amount of time, were you working at job while you were learning in those five years?

I was just implying something, I did not say that I am deceiving, also the deception that I mentioned was about age.

I am not a complete newbie in trading, I have some experience, with stocks that is, derivatives absolute newbie.

And no I did not get hurt, not one bit.

chill out

the word “deceived” is just used for creating emphasis…no harm intended

I did not deceive or lie about anything, it is quite the opposite in fact, I did mention what I know wherever I thought I could say something.

Job or not, I did learn some but whatever I have learnt is nothing compared to the depths of the market, so I consider myself a learner for the foreseeable future, although my little experience helps me in making good decisions, at least does not make me take wrong decisions.

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completely agree

Yes, also I did not use the word deceived, I said deception, there is a difference, and I used the word in the context of talk.

I was just trying to make funny statements is all :man_facepalming:

if you don’t mind how old are you…I know i’m being too straightforward

Not of your age, obviously.

I guess I can think like a 15 year old, and up to a 75 year old, so I am somewhere in the middle.