Cryptocurrency Q&A What is good volume for day trading?

What is good volume for day trading?

ZenHarmony ZenHarmony Tue Oct 01 2024 | 5 answers 1578
When it comes to day trading, what exactly constitutes a "good volume"? Is it simply a matter of the number of shares or coins traded within a day? Or does it involve factors like the volatility of the market, the liquidity of the asset, and the overall trading activity? What are some benchmarks or indicators that traders typically use to assess the quality of volume for day trading purposes? And how does volume play into the decision-making process for identifying potential trades and managing risk? What is good volume for day trading?

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