To put it simply, day trading refers to the practice read more of buying and selling financial assets like stocks and commodities within a single trading day.

To succeed in day trading, you should have a profound understanding of the market and be adept in using various trading strategies.

However, it should be noted that day trading is not without its risks, and significant financial losses may ensue.

Nevertheless, with careful planning and strategy, successful day trading is achievable.

A popular strategy among day traders is scalping, a technique that seeks to profit from small price fluctuations.

Another strategy is range trading, which involves buying at the lower range of a stock's price and selling at the higher range.

Another prevalent strategy is trend trading, where traders try to gain profits by examining an asset's momentum towards a particular direction.

In closing, day trading can offer substantial financial gains when one possesses a deep market understanding and can effectively utilize various trading strategies.

It's crucial to remember that successful day trading requires patience, strategic planning, and a strong comprehension of financial risk.