July is over, streamed 41 days in a row and still counting
ended this month +$122,988
i don't like to post monthly PNLs, but after all the journaling and grind from the past year, i have finally had my first 6 fig month and i'd like to look back on this as i continue to get better and better
i know if i keep this up 6 fig months will become the norm to me
unfortunately towards the end of the month i lost a lot on sol and robinhood, lost around $10k from both chains combined in the last week of the month, and i was also negative on ETH and BNB
ETH my issue was just not being patient enough with the right coins, i was very early to catecoin before it went 5 mil, but i thought no one would rotate and didnt stick to my thesis, ended up selling for a loss on a coin i could have made $40k on
For BNB majority of it was just small losses on new pairs, but also i woke up -50% on the marscoin shadow was pushing after the flap one went 5 mil, and i was asleep for that too so that sucks
many things to learn from this month, for sol i need to be taking more profits rather than roundtripping for losses, the goal for every chain is to maximize profits
for robinhood, when volume is dead and there aren't many opportunites, i need to be patient and stop buying slop trying to force trades
for ETH i need to be more patient, stick to my thesis and let coins play out
lastly for BNB i just need to keep grinding it until i get a good flow with it and figure it out
alhamdulillah, inshallah better months ahead.
journal #18
multichain focus
either im up genny on robinhood and im down on sol, or im up genny on sol and down on robinhood, this is because my focus is split between the two, always switching tabs to scan both chains which just causes my mind to become clustered and im just late to every good coin
im getting a third monitor to fix this, i have a main monitor with memescope and a CT tracker, and my other monitor has my twitch chat open, and tg/discord chats open, so there is no room to put another memescope for another chain
this is why i was losing on sol a bunch the other day, i found that it wasnt because i was washed, it was because i wasnt able to focus on it and be early to coins like i usually am, i was topblasting coins because i thought they were good, but some coins arent as good at 35k like they are at 5k, so thats why i was getting rinsed
right now im not going to be too focused on robinhood until pons V2 comes out, and im going to just keep the tab open and scan here and there and then for sol ill just continue hunting for good narratives to make sure im early
inshallah this is the balance i need to maximize profits and not cut them short by losing on one chain and winning on the other.
journal #18
sleep schedule
usually during the weekends i sleep in because im up every hour of the day for every weekday, but from now on im going to wake up just as early on weekends as i do on weekdays
i ended up missing so many opportunities early morning than im forced to trade through the NA sludge redevs, and i dont want to do that, i want to start off my day fresh and be early to everything, so from now on im just going to make sure i wake up early everyday to make sure i never miss anything
journal #17
inconsistent trading
past 3 days have been all over the place for me, iโve either been round tripping a lot because my targets are too high, or my thesis is wrong and i lose a lot then win a little and everything just cancels out and i stay stagnant
last night after roundtripping so much i decided to end stream early to figure out what i was doing wrong so i can finally fix it
and itโs not that im buying the wrong coins or that im over sizing, but its just my mental, iโve been streaming 10+ hours every single day for over a month now and itโs caused me to be all foggy and it has affected my focus a lot, so after i ended stream early and put in effort to figure out what i was doing wrong i found that i all i have to do is trim bro, just trim, take some profit, unless its so giga that it would be dumb to sell anything at all, there is no reason i should be roundtripping 1-2 ETH on 75k toppers 4-5 times a day
decided to not get on until later today to clear my mind up a bit more and come back with full focus, and from today i will make sure to fix these mistakes and really use my brain rather than unconsciously trade and cause my self to miss out on so much profit
journal #16
holding the wrong coins?
a lot of the coins i feel like i size into/have conviction in have just not been playing out for me, not one to complain or cope, that's not the point of this journal, instead i need to try and find out why my coins that i buy and have conviction in are not going to the targets i believe they should be going to
and it's not as if im jeeting then they go, i usually never sell, i hold to zero 90% of the time, so i think it's just a skill issue about what coins im buying
my thesis for coins is always clear, i dont play a gamble or guessing game, i usually share what coins im in to see other's opinions and usually they always tell me the thesis i have makes sense and the coins is good, so why are they not playing out for me? im not sure
im going to work on this and try to find out the issue and keep going through the trial and error process until i get it down
4k mc to 150k mc on stream!!! (1nquixit on twitch)
still working on my holding, held this longer than i usually would for other coins but still sold a bit too early
with time ill perfect this
journal #15
overly roundtripping
today has been terrible for me when it comes to trenching on sol, genuinely just so so so unlucky
iโve roundtripped around 200+ sol today
was up 60+ on the dilemma coin, but i didnโt get to sell anything because i got off my screen to go downstairs real quick and grab food, i come back and the coin full retraces the ca post, i think its fine because itโll probably go back up since he finally posted ca, im still up 30-40 ish
i continue trenching, i constantly roundtrip 10+ sol on every coin i buy pre bond, im not the type of person to sell before bond, i like to hold and let my vision/thesis play out, however today it seemed like nothing played out, and i roundtrip for losses, which is the worst part
i wake up and im up 30 sol from tps that hit overnight, i get on, instantly lose 20, then im like itโs okay im up 40+ on dilemma and it will probably go higher, then the dev full stacks and i roundtrip it all
i also roundtripped $5-6k ish on bnb bcz of the gay 70% vamp for the new giggle agent, i think the ansem coin has 100% done more harm for new pairs than benefited
im struggling a lot right now to find a balance when it comes to holding and taking profit on sol, itโs nothing like robinhood, iโm actually very comfortable on robin hood right now because im just holding coins i know will go high, but for sol idek, iโm just round tripping and itโs not as simple as just โtake profit,โ but i guess thatโs the cost it takes for my trading style
just like every other issue iโve struggling with, this will be figured out and be a strong learning curve for the future
iโll be able to fix this issue and return to being consistent on sol inshallah
journal #14
from evm to sol
haven't put in 100% into sol new pairs in a minute, and switching from robinhood to sol since vol is slowing down a little on rh new pairs is messing me up when it comes to sizing, im buying too much on sol newpairs trying to match how much i was buying on evm coins and its drilling tf out of me
so i need to fix this, thankfully im not down that much because ive been able to make some of it back, but there is definitely a way to balance the sizing out to make sure i can maximize wins while keeping losses low
need to fix this now that im aware of it so it doesnt cost me so much as time goes on
will first lower my size on sol to get the hang of things and bring back my consistency then go from there
journal #14:
stop being careless
need to be very tight and strict on this, i need to stop being careles with profits, whenever i stable profits and send out, my mind shifts into thinking ive succeeded or something and i just start making careless dumb mistakes
this is very similar to the experience i had with BNB, made genny, but instead of stabling and securing profits, i traded it away, with bleeding charts, top blasting, stupid mistakes, etc.
this time to prevent myself from making this mistake, i stabled and sent out, but im still making dumb mistakes because i started today up a lot, but ive lost a lot on sol already, and now the losses are seeping into my robinhood wins
im writing this to hold my self accountable, ive been very consistent with my trading and i dont want to stop that, so this journal will help me a lot and put me back on track inshallah
journal #13
take profits, no roundtripping
i need to stop being desensitized to the what ETH is really worth
i see 2.5 ETH PNL on a coin, and i roundtrip it for a loss, not realizing now how much 2.5 ETH is really worth
this needs to change, i need to take profits and be aware of how much im actually up, i dont want to miss out on a lot of profits because of greed
this is the first and only time this has happened, i will make sure it never happens again
journal #12
top blasting
one of my biggest faults is not knowing when to topblast
either topblasting at the wrong moment, top blasting too late, or not topblasitng at all and missing out on opportunities because i want the perfect entry on a coin where if i had top blasted when i first saw it, i wouldve had my "perfect" entry
just something im going to be working on, nothing to focus on too much because i feel like there aren't many instances where u need to or should top blast, but there will come a time where this skill needs to be used and i want to make sure i perfect it before that time comes
journal #11
zoom out
it's a terrible feeling today to wake up to all my positions being at literal 0 on robinhood, like genuinely 0, below 7k mc and being down over 80%+ on multiple coins that i was holding thinking noxa was going to be the next big thing
realized all of the Ls right when i heard the news and now starting the day off -$6k, which sucks considering ive been green everyday but nothing i can do
usually something like this would make anyone tilted, but sometimes you just need to zoom out, and not just focus on one red day, especially if it's completely out of your control
i might be starting the day off down hella today, but thats what you need to be prepared for anyway
-$6k to start off the day but zoom out and everyday before this was green with multiple $10k + days
better days ahead inshallah
journal #10
first red day in a while
havenโt had a red day in so long that the feeling is not familiar anymore so ending today red just feels like shit tbh
streamed for over 10 hours, got drilled on bnb, drilled on sol, and ended today down around 60 sol total
ofc iโd like to just rage and talk abt how ass and dead it was but iโm not going to do that, it was my fault for staying on knowing how bad it was
watching people dev ansemโs body parts shouldโve been my sign to just get off until monday
my biggest mistakes today were just trading outside of my style by going to blast a bnb coin that is clear garbage because of fomo, and on sol my mistakes were nothing really until the end, all day i was hovering around break even and then a dev comes out and the retard spells the ticker wrong so i lose 90% on that and then get drilled on the redev, just a wealth transfer ig
today was just an outlier compared to how consistent ive been for the past couple of months, one bad day doesnโt mean another needs to follow, definitely gets to my head because i hate seeing red but if i keep letting it get to me how will i make sure to never see red again
so in order to make sure i dont have a bad day again i just got off and im going to sleep early and wake up early to make sure i start off this upcoming week refreshed with a clear mind
my main focuses are still the same:
be faster, hold longer, take profit at targets
better days ahead inshallah
journal #10
take profit, rotate quicker, cut losses quicker, stop roundtripping short lived coins currently writing this while on stream, not up as much as i should be today so far because of the amount of unnecessary losses ive taken because im either holding things to 0 or just simply not being fast enough to rotate
i just get a little complacent when im starting my day up a decent amount, which is nothing like me, so im just going to fic it and be faster when it comes to rotation and taking profit dont want to keep roundtripping the 15 sol wins because theyre not "enough" i never trade pnl i always trade narrative, and these 15 sol wins can add up to be so much throughout the day especially considering the fact I roundtrip them least 2-3 tmes a day
also just need to sit up in my chair and be faster
going to fix all these mistakes from now and have better days ahead inshallah
journal #9
scaling
ive has been very conisstent recently, making 30-50 a day, and obviously trenches has been terrible but past couple of days we've finally got some decent volume and ive been keeping my size low as if it's still extremely dry and dead
but now that it's gotten a little better and i believe it will continue getting better like this, i need to up my size and buy amount to start consistently making 100+ a day and i think that will be easy to do as long as i dont rush or force things
in the past when i would adjust and up my size, i would easily rinse my self by buying too much or forcing it on coins that i shouldnt be buying so much in, but now that ive learned from my mistakes, im going to apply what ive learned to make sure i dont make the mistakes i made in the past and have a smooth uptrend with daily improvement and increase in profit