Intraday trading refers to the practice of buying and selling financial instruments within a one-day time frame is called day trading or intraday trading. Those traders that participate in day trading are called active traders or day traders. Here stocks are purchased, not with an intention to invest, but for the purpose of earning profits by harnessing the movement of stock indices. The trick is that the traders take advantage of the fluctuations in stock prices. Hence, intraday trade takes into account short term price fluctuations. Here two things go hand in hand. The risk in Intraday Trading is quite high and at the same time the profit is also very fruitful.