Day trading can be defined as a unique form of business transaction where investors trade financial instruments within the same trading day. This type of trading involves making several trades on a daily basis, profiting from small price fluctuations.

People in the field of day trading use various methods to anticipate these price swings. Commonly used are techniques such as technical analysis, which studies historical market trends, and fundamental analysis, which looks at a company’s financial health.

In this form of trading, the timing of trades is extremely crucial. Traders must be ready to quickly act upon changes in the market. Paying attention to trends and signals is the key to making successful trades.

One of the benefits of day trading is the possibility for quick returns. However, it is a dangerous kind of trading and requires a high degree of knowledge and skills. Some common risks in day trading include market volatility, price fluctuations, and chances of losses. Thus, it's crucial for traders to have a well-thought-out trading plan to manage these risks effectively.

Day traders generally use several tools and strategies to enhance their trading. These include leveraged accounts, where traders take a loan for trading purposes, and automated trading systems, which employ algorithms for trading.

Getting a grip of the art of trading within a single day requires patience, discipline, and continuous learning. It's also essential to keep emotions in check and take trading steps logically. Remember, in the world of day trading, the pathway to success is not about making large profits out of every trade; it's about consistently gaining profits and building your trading account gradually.

One day trading can be an invigorating venture, but remember to prepare thoroughly. Learn about the market dynamics, keep enhancing your skills and never stop learning, and possibly, you could trade the day unlock the secret to a prosperous day trading career.