As per the experts, day trading is not ideal for everyone as it needs the traders to have a practical approach. Emotional factor too plays a very important role in earning profits from intraday trading.

If you are wondering on how to make money in shortest time possible, it is important to understand that there are no shortcuts and one can earn good with research and experience.

Day trading does not help one get rich overnight. Many of the traders start day trading with an assumption that they can generate good money by making profits with just a single trade.

Day trading involves buying and selling financial assets, such as stocks, forex, or cryptocurrencies, within the same trading day to profit from short-term price movements. Unlike long-term investing, day traders close all positions before the market closes to avoid overnight risks. Success requires discipline, a solid strategy, and risk management, as volatile markets can lead to quick gains or losses.

Key tools include technical analysis (charts, indicators) and real-time news to identify trends. Traders often use leverage to amplify gains, but this also increases risk. High-frequency trading (HFT) and scalping are common techniques. However, day trading is stressful, demands significant time, and isn’t suitable for everyone. Many traders lose money due to emotional decisions or poor planning. Proper education and practice (e.g., demo accounts) are essential before risking real capital.