Have tried this sometime and it worked for a while and little mistake wiped out the profit, however I never used stop losses and have learnt to apply it, Kudos to you on your voyage, please would like to see your updates on progress made. 1% a day however is very low, will be meaningful to someone with loads of fund as capital
I think that 1% per day is really great for people with low capital. It's safe and easy way to enter the market and begin trading, especially if you don't know much about it. You want to learn conservatively and avoid blowing up a small account.
What would your per day % goal be, just curious?