Thanks for your reply, Rimmy.
In response to your first question, up until very recently, I was investing in shares based on fundamentals and gut feel(!) and holding them for long periods of time; I also invest in funds. What I mean by 'trading' is short term buying and selling of indices based on technical analysis. This is what I am trying to learn.
As far as shares are concerned, I tend to leave the Pharma sector alone - it is such a struggle for traditional big Pharma - due to generic competition and huge financial and regulatory barriers for new drugs.
The shares I invest in tend to be a bit more racy - oil, commodities and new disruptive tech; I balance this out by investing in funds too.
Thanks for your interest, Steve