You don't need track. A sled can run on the sides of the table.
The reason for a short fence is avoiding kickback. If all you ever do is cut man-made sheet materials on the saw, kickback is unlikely, but otherwise it's a real danger.
A short fence stops just after the leading teeth of the blade. The piece of stock between the fence and the blade is the main suspect for kickback, which happens when the rear or top teeth catch it and throw it with considerable force in unpredictable directions, but almost always towards vulnerable parts of the operator! It's not a neat trick - on small saws you can get quite serious injury, and on larger saws it can be a killer.
Three things minimsie the risk: (1) a good crown guard, (2) a properly set riving knife, (3) a short fence.
The short fence allows the stock to move sideways, away from the blade once the cut has been completed. It doesn't have to move far, just safely out of contact with the blade, so you can achieve the effect of a short fence with a thick facing (say 1-2cm) on the front part of a long fence, as long as it's well secured to the fence and can't itself move.
Get Steve Maskery's tablesaw DVD, which covers all this stuff (
http://www.workshopessentials.com). He demonstrates kickback on it, ironically with man made board, and the example is somewhat shocking (well, it scared me!).
Even on a small saw, there is a surprising amount of kinetic energy available to be 'given' to a piece of stock in kickback, which is why it's so dangerous. You can calculate how much based on the diameter and mass of the blade and its rotational speed.
A few years ago I was trying to add an electrical brake to my SCMS, a project I haven't completed because it's more of a technical challenge than I expected. I did some experiments, dumping the energy of the blade into a mains electric lightbulb. It did work, but the first time I tried it the bulb just blew in one bright flash. And the second time too, using a much larger bulb (I'm not
that dumb!).
In a table saw, a lot of that kinetic energy is available to create kickback, to which you can add energy from the motor (power in Watts multiplied by how long the kickback acceleration takes in seconds). Generally, the bigger the blade diameter the faster the exit velocity, too.
Regarding your own saw: the biggest single obstacles to accuracy are probably the alignment and rigidity of the fence. It
must stay exactly parallel to the blade at all times (and that goes for the movement of a sled, too). Alignment will affect safety, how clean the cut is, and accuracy too.
If you can adjust the saw, align the blade to be parallel to one edge of the table (probably the left one) and then use that edge as your reference for the fence. We're talking about it being parallel to within 1/100ths of a millimetre ideally. If you can't adjust the saw, you will need to align the fence to it, and a sled is probably impractical. Truthfully, you may find it hard with the saw you have, as it's really intended for construction sites, where portability is important, and nobody needs accuracy to 1/2mm in OSB.
As mentioned earlier, Steve M. has a really good fence design, which, IIRC, uses a piece of angle as the rail to run it along. The rail can be as long as you like.