When starting off I risked 50-60% of the port with the mentality even if I lost 50% of that I’d still have 60-75% of the port.
I trade strictly new pairs and news, if ur fast enough to a tweet play at 200-300k it can go 2-4x quick asf with size= free play.
When the charts stops moving is when I take profits, kinda stupid but when ur starting out every dollar counts.
I never have a stop loss, either take initials and forget about it or full stack. There’s no such thing as oh if the coin hits this marketcap I should sell for a loss, narratives take time to run, it can also get vamped. When coins get vamped og will have motion, and to be honest if I hold a coin I buy all vamps, you gotta be careful doing this tho because sometimes the narrative isn’t strong enough and they all go zero.
Stack stack stack and show up everyday. Don’t doubt yourself, that’s the most important thing. Either ur right or wrong and that’s that, once u start doubting urself is when u don’t click buy or u don’t sell.
Whatever u are feeling, just do it, and reap the rewards/consequences.
Lessons learned over money earned.
Day 3: +0.47 SOL
1.677/10 SOL
Made some decent profit today.
I overtraded and took more trades than I should have.
Still a lot to improve I didn’t trust my instinct and ended up selling runners too early.
Tmmrw I’ll focus on quality over quantity and trusting my conviction.