The world of trading is as dynamic as it is challenging, and in the Indian stock market, where volatility and opportunity coexist, directional discretionary trading has emerged as a powerful approach for traders seeking to capitalize on price movements. Unlike systematic or algorithmic trading, directional discretionary trading relies heavily on the trader’s intuition, experience, and ability to interpret market conditions. This blog explores the nuances of directional discretionary trading, its application in the Indian stock market, real-world examples from Indian traders, and lessons drawn from the legendary trader Jesse Livermore’s practices. What is Directional Discretionary Trading? Directional discretionary trading involves making trading decisions based on the trader’s judgment about the future direction of a stock or market. Unlike non-directional strategies (like arbitrage or hedging), directional trading bets on whether the price will rise (long) or fall (short). The “...