The act of day trading is one of the prevalent forms of stock market investment. It essentially entails acquiring and disposing of stocks or similar financial instruments, typically within a single trading day period.

This form of trading demands in-depth knowledge about the market's unpredictability and also, the knack for taking swift decisions. Moreover, it is not for the faint of heart, as it can result in significant financial gain, but equally, severe losses.

Despite the fact that this form of trading might appear daunting initially, it can turn out to be profitable for people ready to put in the required time and hard work into learning the requisite tactics.

An important component of this form of trading is grasping the nuances of technical analysis. This involves scrutinizing historical price patterns to predict future market movements and this can be a powerful tool in possession of a day trader.

Moreover, successful traders requires strict discipline and a clearly defined trading plan. Without these, a trader is merely gambling, not really trading and the likelihood of loss is vastly amplified.

Additionally, it's vital to maintain a profound understanding of financial management skills, that includes using stop-loss orders to reduce potential losses.

To sum up, trading during the day could be day trading an advantageous venture, however many investors incur losses, largely due to lack of preparation. Therefore, it is essential to spend time understanding about day trading before getting started.