In the rapidly evolving world of trading, day trading is a popular choice. Day trading involves trading financial instruments throughout the course of a single day.

The magnetism of day trading lies in the prospect to earn money rapidly. Even so, it's vital to realize that this form of trading holds its own share of risks.

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

Also, efficient day traders embrace risk management. This involves setting stop loss orders to reduce potential losses and just investing money that you can afford to lose.

A key aspect of day trading is the ability to make rapid decisions. The markets can shift quickly, and being able to make informed decisions when it counts can lead to successful trades.

One of the most helpful day trading techniques is known as ‘scalping’. This involves making multiple trades over a very short duration, hoping to reap benefits from small price changes.

In addition, ‘momentum trading’ is another widely 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 click here requires a high degree of investment knowledge, fast decision-making skills, and a strong risk appetite. However, with the right knowledge, technique, and control, you can make day trading a successful venture.

In conclusion, day trading, or ‘trading the day’, is a challenging, yet potentially lucrative trading method. It requires extensive understanding of the market, quick decision-making abilities, and the potential to manage risk effectively. With the proper approach and continual learning, you have the potential to make lucrative trades and grow your investment portfolio.