Should beginners start with delivery or intraday trading?

Equity delivery investing is generally the lower-complexity, lower-risk starting point for a beginner, since it doesn’t require same-day exit decisions, doesn’t involve the added risk of leverage the way F&O or MTF-funded positions do, and gives more time to learn how stock prices actually move without the pressure of a same-day close-out. Intraday trading requires faster decision-making, tighter risk management, active monitoring throughout the session, and carries the added complexity of auto square-off timing, none of which are easy to manage well without some prior market experience. That said, this isn’t a universal rule, and it depends on how much time someone can genuinely dedicate to actively monitoring the market during trading hours, since intraday trading without the ability to watch positions closely is its own kind of risk. You’d generally suggest building foundational understanding through delivery investing first, in liquid, well-known stocks, before layering in the added complexity and faster pace of intraday or F&O trading.