In the volatile world of trading, day trading is a popular choice. Day trading involves making transactions of financial instruments within one day.

The allure of day trading lies in the potential to earn money rapidly. Nonetheless, it's vital to comprehend that this form of trading includes its own share of risks.

Efficient day trading requires a solid understanding of the stock market. It's vital to monitor market news, grasping how various events might impact the price of assets you’re investing in.

Moreover, successful day traders embrace the mitigation of risk. This involves placing stop loss orders to limit potential losses and just investing cash that you can afford to lose.

A key aspect of day trading is the capability to make rapid decisions. The markets can change quickly, and the ability to make informed decisions when it counts can result in successful trades.

One of the most useful day trading techniques is known as ‘scalping’. This involves making multiple trades rapidly, hoping to profit from small price fluctuations.

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

Day trading is not for the faint-hearted. It requires a great deal of market understanding, fast decision-making skills, and a tolerance for risk. However, with the correct education, technique, and control, you can turn day trading into a profitable venture.

In conclusion, day trading, or ‘trading the day’, is a risky, yet rewarding trading method. It requires in-depth market knowledge, quick decision-making abilities, and the capacity to manage risk effectively. With the proper approach and continual learning, you trade the day have a shot to make successful trades and increase your investment portfolio.