In the past, only people who worked for companies, brokerages and financial institutions could trade in the stock financial markets. But with the advent of the Internet and online trading systems, brokerages have also made it possible for individual investors to participate in day trading activities. 

What is day trading? As defined by the New York Stock Exchange (NYSE) is if 4 or 5 trades have been executed within 5 days, given the number of trades is more than 6% of the trader’s activity in that period. They do not hold open positions overnight and close all positions before the end of the trading day. Day trading can be done with any financial instrument, with the most common being stocks, futures, and forex. There are margin maintenance and capital requirements that come with day trading that traders must be aware of. 

Day traders take advantage of high financial leverage and short-term trading strategies to invest in small price movements. They can use trading strategies like scalping, using support and resistance levels, and following the news. Day traders must have a deep understanding of the market they are in and have strong technical analysis and chart reading skills. They  use stop-loss orders to protect their positions during volatile price movements, and must factor in their commission costs in their profits. 

Learning to day trade can often involve a steep learning curve, and even highly experienced traders have the risk of experiencing large losses. Day trading skills can be developed through deliberate practice. With Trading Drills Academy, new traders can learn the trading system of Price Action Algo Trading and practice with drills to learn before trading in the real market. 

References: 

https://www.investopedia.com/articles/trading/05/011705.asp

https://www.investopedia.com/terms/d/daytrader.asp

https://www.investopedia.com/day-trading-4689641