Hi, sorry if this is a blatant repeat but I'm after some up to date info on this topic.
What are some of the red flags you'd look out for when aiming to avoid trades you could potentially get stuck in on the Binance USDT market?
A specific minimum 24h volume on that coin i.e. $100k? Basically how much liquidity do you look for to feel confident...
Are there coins that are notoriously tricky to trade for other reasons perhaps?
I'd appreciate any tips on this. Thanks.
Trading in general is really tricky. That is why I do not trade most of the time. I gave up doing day trades because it is too tricky you will end up more confused rather then be enlightened after trading more time than before. I am now waiting for the large swings to make some orders.
$100k at the minimum is already good enough. It will be enough to cover your orders. Just stick to a little gain. Do not aim too much. That is a nice approach to day trading.