Intraday tradingis a financial term used to describe the act of buying and selling securities within the same day. Intraday traders seek to profit from short-term price fluctuations in the market, by buying and selling securities multiple times throughout the day. In order to be successful, intraday traders must have a keen understanding of market dynamics and a solid trading strategy. There are a variety of intraday trading strategies that traders can use to try and profit from the market.

 Some common strategies include:

• Scalping: Scalping is a strategy whereby traders attempt to profit from small, rapid price movements in the market. Scalpers will often place a large number of trades throughout the day, and will exit their positions quickly once they have made a profit.
• Momentum trading: Momentum trading is a strategy that involves buying and selling securities that are experiencing a strong price movement. Momentum traders hope to ride the wave of the price movement and profit from the resulting price changes.
• Trend following: Trend following is a strategy that involves taking a position in the direction of the overall market trend. Trend following can be a profitable strategy in both rising and falling markets.
• Range trading: Range trading is a strategy that involves taking a position in a security that is confined within a defined range. Range traders hope to profit from the security's price movements within the defined range.
• News trading: This strategy involves trading on the release of economic news.

Conclusion

Intraday trading can be a risky endeavor, and traders must be careful to manage their risk exposure. Many intraday traders use stop-loss orders to limit their downside risk. Stop-loss orders are placed at a price that is below the current market price, and will automatically sell the security once the price reaches the stop-loss price.

Intraday trading can be a profitable way to trade the markets, but it is important to remember that it is a high-risk activity. Be sure to develop a solid trading strategy and risk management plan before attempting to trade intraday.