Day traders are individuals who buy and sell stocks or other financial instruments within a single day, with the goal of making short-term profits from small price fluctuations. They do not hold onto their positions overnight, hence the term “day” trader. Day trading is typically done by individuals using online brokerage accounts and leveraging margin to increase their buying power. It requires constant monitoring of market movements and quick decision-making skills. While day traders can make significant profits in a single day, they also face high risks due to the volatile nature of financial markets.