Growdude is the master of the WaterFarm!
I will add these comments, though:
Hand-water once per day (maybe even every other day) for a week or two while the roots get established. If you start the pumps running right away, you could drown your seedling. The leaves should not be getting wet from the drip-ring.
As to the nutes, mix it as it says on the bottle, but only at 1/4 strength for a week, then 1/2 strength for the next week, then 3/4 strength for the week after that, then finally full strength. If at any time, the tips of the leaves turn brown and dry-out (burn), go back to the previous strength for another week.
That's just how I do it. You may have to adjust your techniques.
Edit: One more thing:
Watch your PH. Make sure it is around 5.8. I like to start mine out at 5.5 on Sunday and let it slowly drift up to 6.1 by Saturday and then re-adjust it back down to 5.5 the next Sunday.