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

The attraction of day trading lies in the possibility to earn money rapidly. Yet, it's vital to realize that this form of trading includes its own share of risks.

Efficient day trading requires a robust understanding of the stock market. It's vital to monitor market news, comprehending how various events may impact the price of shares you’re considering.

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

A key aspect of day trading is the skill to act swiftly. The markets can change quickly, and having the capacity to make informed decisions under pressure can lead to successful trades.

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

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

Day trading is not for everyone. It requires a high degree of investment more info knowledge, quick-thinking abilities, and a strong risk appetite. However, with the correct knowledge, technique, and discipline, you can earn substantial profits through day trading.

In conclusion, day trading, or ‘trading the day’, is a high-energy trading method. It requires extensive understanding of the market, quick decision-making abilities, and the capacity to handle risk effectively. With the correct approach and continual learning, you stand a chance to make worthwhile trades and increase your investment portfolio.