Current trading aims

I plan to trade short-term - holding stocks between 1 and 4 trading days and taking 3% profit per trade.  Any additional profits will be a bonus.  The 3% aim is quite modest but I am a novice short-term trader and so for the time-being will focus on modest gains with a higher probability of success rather than for example higher profit margins with lower likelihood of success.

Initially I will paper trade whilst I become more familiar with stock fundamentals and trading analysis.

I realise this is no substitute for real-time trading with factors like slippage and day lows triggering stop losses etc but will move to that only when I feel I have a handle on how I am selecting stocks and that I am regularly picking short-term profitable stocks.

I may additionally set up another broker account for mid-term stocks that is stocks I believe will grow within a 6-12 month time-scale.

I plan to record my selections daily and make notes on both my successful and losing stocks towards learning and ever-improving my stock selections.