Day trading is a high-energy method of trading. It involves making transactions of financial instruments within a single trading day.

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

Sound day trading requires a thorough understanding of the stock market. It's vital to stay abreast of market news, understanding how various events can impact the price of shares you’re investing in.

Additionally, solid day traders embrace the mitigation of risk. This involves setting stop loss here orders to limit potential losses and only investing capital that you can afford to lose.

A vital aspect of day trading is the capability to make rapid decisions. The markets can shift quickly, and having the capacity to make informed decisions under pressure can result in successful trades.

One of the most useful day trading techniques is called ‘scalping’. This involves placing multiple trades over a very short duration, hoping to cash in from small price movements.

In addition, ‘momentum trading’ is another widely used technique. This strategy involves buying stocks that are showing strong upward trends and selling them before the trend reverses.

Day trading is for the brave. It requires a great deal of market understanding, quick-thinking abilities, and a tolerance for risk. However, with the correct knowledge, technique, and discipline, you can make day trading a successful venture.

In conclusion, day trading, or ‘trading the day’, is a challenging, yet potentially lucrative trading style. It requires in-depth market knowledge, quick decision-making abilities, and the potential to manage risk effectively. With the appropriate approach and continual learning, you stand a chance to make lucrative trades and grow your investment portfolio.