Day trading is a challenging, yet potentially lucrative method of trading. Day trading involves making transactions of financial instruments throughout the course of a single day.

The attraction of day trading lies in the potential to gain substantial returns in a short time. However, it's vital to understand that this form of trading comes with its own risks.

Sound day trading requires a firm understanding of the markets. It's vital to keep up with market news, grasping how various events can impact the value of shares you’re interested in.

Furthermore, solid day traders embrace risk management. This involves implementing stop loss orders to limit potential losses and only investing money that you can afford to lose.

A vital aspect of day trading is the capability to make rapid decisions. The markets can alter quickly, and the ability to make informed decisions under pressure can result in successful trades.

One of the most useful day trading techniques is called ‘scalping’. This involves placing multiple trades over a very short duration, check here hoping to make money from small price changes.

Moreover, ‘momentum trading’ is another common technique. This strategy involves purchasing stocks that are rapidly increasing in price and selling them before the trend reverses.

Day trading is not for everyone. It requires a high degree of investment knowledge, quick-thinking abilities, and a tolerance for risk. However, with the proper education, technique, and discipline, you can make day trading a successful venture.

In conclusion, day trading, or ‘trading the day’, is a high-energy trading method. It requires extensive understanding of the market, fast-thinking skills, and the potential to handle risk effectively. With the proper approach and continual learning, you have a shot to make profitable trades and increase your investment portfolio.