Trading during the day, often known as day trading, is an dynamic way to trade. Day trading involves trading financial instruments within a single trading day.

The magnetism of day trading lies in the possibility to make quick profits. Even so, it's vital to realize that this form of trading includes its own risks.

Sound day trading requires a firm understanding of the markets. It's vital to monitor market news, understanding how various events may impact the value of assets you’re considering.

Additionally, successful day traders embrace managing risk. This involves placing stop loss orders to minimize potential losses and just investing money that you can afford to lose.

A key aspect of day trading is the ability to act swiftly. The markets can change quickly, and being able to make informed decisions on the fly can lead to successful trades.

One of the most helpful day trading techniques is called ‘scalping’. This involves making multiple trades within a short time period, hoping to reap benefits from small price fluctuations.

Moreover, ‘momentum trading’ is another frequently used technique. This strategy involves buying stocks that are rising quickly and selling them before the trend reverses.

Day trading is not for the faint-hearted. It requires a high click here degree of investment knowledge, fast decision-making skills, and a tolerance for risk. However, with the proper education, technique, and discipline, you can make a successful career in day trading.

In conclusion, day trading, or ‘trading the day’, is a risky, yet rewarding trading style. It requires in-depth market knowledge, fast-thinking skills, and the potential to handle risk effectively. With the proper approach and continual learning, you stand a chance to make lucrative trades and increase your investment portfolio.