Intraday trading involves buying and selling financial instruments within the same trading day. The goal is to capitalize on small price movements by entering and exiting positions quickly. It demands real-time decision-making, market analysis, and strict risk control. Key components include choosing the right stocks (high volume and volatility), setting target and stop-loss levels, and using indicators like VWAP, RSI, or Bollinger Bands. Intraday trading can be done manually or via algorithmic systems. Success depends on speed, discipline, and consistency. Unlike long-term investing, intraday traders avoid overnight risk but must manage intraday volatility. Capital allocation, trading psychology, and timing the entry and exit points are crucial. New traders should start with paper trading and gradually increase position sizes. Losses are inevitable, but they must be managed through proper stop-loss and trade journaling. Understanding market structure, timing (best hours: 9:30-11:30 AM), and avoiding overtrading are key to consistent gains.