Broadly speaking, day trading involves purchasing and selling financial securities, such as stocks and commodities, all in a single day.

In order to successfully day trade, one needs a deep understanding of the market and the strategies used in this type of trading.

It is important to note that day trading can be risky, and substantial financial losses can occur.

Nevertheless, with meticulous planning and strategic moves, successful day trading is within reach.

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

Range trading is another strategy where traders buy at a low price range and sell at a high price 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.

Remember, day trading requires patience, planning, and a good understanding of financial risk.