Trading during the day is one of the prevalent forms of stock market investment. This method involves purchasing and offloading assets such as stocks, more often than not within the same-day duration.

Day trading demands intense familiarity with the market's unpredictability and also, the knack for taking swift decisions. Moreover, it's not suitable for risk-averse individuals, since it can result in significant financial gain, but equally, severe losses.

While this method may seem daunting initially, it can be profitable for people ready to invest the necessary time and energy to learn about the necessary tactics.

An important element of day trading is grasping the nuances of technical analysis. This involves analyzing previous price patterns to predict future trade the day market movements and it can be a potent tool for a day trader.

Additionally, prosperous day trading relies upon strict discipline and a clearly defined trading plan. In the absence of these, a trader is just gambling, not genuinely trading and the likelihood of loss is vastly amplified.

Additionally, it's vital to maintain a comprehensive knowledge about money handling techniques, which includes using stop-loss orders to reduce potential losses.

In conclusion, day trading can be a lucrative activity, but many day traders suffer from losses, largely due to lack of preparation. Therefore, it's important to spend time understanding about day trading before plunging into it.