Do you know what you are doing for short term trading? If not then you are basically gambling. If you are happy with that and can afford to lose the money then go for it.
Short term as in daily trading ? i know the theory behind it yes,
you buy when the value is low on the day or before market opening, and then sell off at a peak, but you need to have a good understanding about the market, the company, and whats happening within that company. Are they announcing anything which will make stocks prices rise, is there anything going on which will make stocks and share prices fall.
is there any other general market conditions which could contribute to fluctuations
I am no expert in this , i want to learn but i find it sometimes hard keeping track of whats going on and trends
Like you say if you dont keep on top of trends in the market, your essentially gabling. You could be buying on what you think is a low point when it could go much lower. Or you could be buying at a high point in which case its wrong
If there is a preset portfolio that is managed by a provider that i could say right here is my money, place it in what you think is best - this maybe a better option for me