I think I may have found my problem setting white balance! My aquarium light is LED, 52 individual LEDs to be exact of different colors. When holding a white card under the light I can make out the individual colors, kind of like a disco ball. Could this cause a problem setting white balance and is there a way around it?
I'm going to disagree with the idea "this " is your problem.
It doesn't matter whether the individual elements of light are made up of different colors.
Yes, if you hold your white card directly beneath the LED's, you'll notice the individual colors of the lamp. At that distance the colors do not have time to mix as they do at the distance they sit away from the bottom of your aquarium.
Color mixing is either additive or subtractive
Lighting usually falls under, and operates via, the rules of the additive description;
http://hyperphysics.phy-astr.gsu.edu/hbase/vision/addcol.html
There are elements of lighting which can be used as subtractive mixing, however, what you have going on in your aquarium light is purely additive mixing.
Take the example provided in that link. If you held a piece of white paper up to each lighting instrument with a separately colored gel of one primary color, you would see the paper reflecting only those colors which can exist with the colored gel in front of the white lamp. Red gel would get you a "red" piece of paper because all other colors have been stripped out by the gel. Green gel results in green paper and blue gets you blue paper.
You would, due to the size of the lighting instruments, need three separate pieces of paper to see that effect.
Once you move the lamp far enough away from the subject to allow color mixing, the three primaries (RGB) will result in a single white light.
In other words, the presence of the entire range of visible light. Basic physics.
It will not be purely white light since we don't have easy access to inexpensive lamps which produce pure white light and gels are seldom exact in their color rendition unless you pay for that. But that is the theory of the idea and operation.
If you back your card away from the LED's, the mixing occurs. That's why you do not perceive a fish swimming through three "pools" of light, each a separate primary color. Additive color mixing. Basic cognition.
Don't take this wrong but, your problem is you have just purchased a camera, you know little about the camera and don't seem willing to read the owner's manual, you do not comprehend the physics of light and now you want professional results in your first attempts at photography. You have yet to obtain image editing/processing software which helps you as a photographer achieve the desired results.
Not even sure your monitor would show you accurate colors if the camera captured them.
IMO, if we had another thread where someone was asking why don't my first 100 shots look like the pro's work when they have been doing this for years and have invested in the education and the equipment to make things right, you would get a very brief explanation of "why".
Take some time to learn the rules of photography. Then try again. No one starts off as Michael Jordan or Pablo Casals.
OK?