I actually am doing this one as well. But now i can't make it to trade on daily basis because of a busy schedule but the same thought is always on my mind. It just satisfies me when i get good satoshi's daily in trading rather than claiming on faucets for the whole day.
So noob question:
What's an exchange?
I'm on Coinbase right now, not liking the 1% fee each trade.
1% isn't bad IMO, though some exchanges are lower. Coinbase isn't bad, but they'll cancel your account mighty quick if you gamble or do anything wrong whatsoever. And the tax man is now watching, so be careful.
Yes I've done some day trading on Yobit. Very exciting but easy to lose money.