Intraday trading, often referred to as day trading, involves buying and selling financial instruments within the same trading day, with all positions closed before the market closes. The primary goal is to profit from small, short-term price fluctuations. Day traders do not hold positions overnight, eliminating overnight risk. This highly active style of trading requires intense focus, quick decision-making, and often relies heavily on technical analysis, chart patterns, and real-time market data. Common techniques include scalping, which aims to profit from tiny price changes throughout the day by making numerous trades; momentum trading, which involves identifying stocks with strong upward or downward price movement and riding that momentum; and reversal trading, attempting to profit from the reversal of short-term trends. Day traders typically use high leverage to magnify returns on small price movements, but this also amplifies potential losses. Strict risk management, including precise entry and exit points, stop-loss orders, and disciplined position sizing, is absolutely critical. Due to its intensity and high-risk nature, intraday trading is generally suited for experienced traders with substantial capital and a strong understanding of market microstructure.