# Token Selection
Before running Drop Trader, **manually filter tokens** — this is a huge part of your edge.
To start, open **Photon or an Equivalent** and head to the **Trending section**. You're looking for tokens that meet certain key criteria. Not all coins are worth monitoring — and not all dips bounce.
se this quick list before running any token:
**1. Liquidity: Aim for $80k+**
* Buys **\~ We don't reccomend buying more then 1% of a token’s liquidity per trade**.
* Example: $80k liquidity = $800 buy size.
* Less than $80k = worse price impact and riskier recovery.
* More liquidity = more reliable and profitable bounces.
**2. Safety: Avoid Rugs at All Costs**
* Red flags to avoid:
* LP not burned
* Freeze authority active
* Mint authority not revoked
* Avoid doing huge buys above $1200 without MEV protection
* Use the **Security tab** in Photon or run checks manually.
**3. Volume: High Volume = More Opportunity**
* You want tokens with **lots of trading activity**.
* No volume = no dips — or dips that never bounce.
**4. Dip Response: Use Your Eye**
* You're looking for tokens that **consistently bounce after dips**.
* Signs to watch:
* Previous dips recover well
* Price generally trending upward
* **Avoid “bleeding out” tokens** — hard downtrends are harder to recover from.
**5. Age: New = Risk + Reward**
* New tokens (even 30 seconds old) are often volatile and high-volume.
* These can be **very profitable** if they meet all the rules — but also die fast.
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#### 💡 Pro Tips
* 🔁 **Refresh token choices every 10 minutes** — or even more often when the market is active.
* 🎯 **Start with 1–2 tokens** at a time. It's easier to monitor and learn what works.
* 🛠 Platforms that work well: **Photon**, **Axiom**, and **BullX**.
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\&#xNAN;***The following will be pictures to get an idea of what we're describing on this page.***
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## Good Dips
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#### Token Red Flags: What to Avoid
Even if a token looks perfect at first glance, these red flags are **automatic deal-breakers**. Always check before running.
**🧠 Holder Distribution**
* ✅ Healthy: Top 10 holders control <50%
* ❌ **Red Flag:** Top 10 holders own **70%+**\
→ High risk of **dumping** or **rug pulls**
**🔐 Authorities**
* ❌ **Mint Authority Enabled**\
→ Dev can print unlimited tokens = instant devaluation
* ❌ **Freeze Authority Enabled**\
→ Dev can freeze wallets = total loss risk
**📉 Scam Chart Patterns *****(Visual Examples Below)***
Watch out for:
* **Pump 'n' dump** spikes
* **Straight-line dumps** with zero recovery
* **Volume dying off rapidly** while price holds — signs of dev manipulation
🛡 Use **Photon Security Tab** or **manual Solscan checks** to confirm these quickly.
## Photon Security Tab
The left security tab would be an example of a better choice of token
{% hint style="danger" %}
Please note that even when everything can appear to be good on the security tab, it can still be a malicious/rug token.
{% endhint %}
***
## An example of a coin "bleeding"
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