I am trying my luck at trading equities in the Indian market. I tried trading Forex market and commodities but all of those trades are leveraged and markets are wild as news keeps breaking out every now and then.
But I think our stock market is inherently biased as individual speculators (of course retail traders are allowed to go short) are not allowed to hold short positions longer than a day forcing many people to only own long positions. This leaves people to go short for intra-day which is mostly a losing proposition. Also I feel this might be responsible for most stocks at very high prices especially IT stocs. Do other members have any views on this?
But I think our stock market is inherently biased as individual speculators (of course retail traders are allowed to go short) are not allowed to hold short positions longer than a day forcing many people to only own long positions. This leaves people to go short for intra-day which is mostly a losing proposition. Also I feel this might be responsible for most stocks at very high prices especially IT stocs. Do other members have any views on this?