1/ trade alone
2/ learn & get better
3/ network with other traders
4/ learn from better traders than you
5/ repeat from step 2
that's how you go from 1 SOL/day to 100 SOL/day
Day 16
I did around 7 hours today not sure
Didn't trade today, but looked at the charts. Sometimes taking no trades is the best trades. I also spotted a couple of 100k+ runners, but didn't invest. Still a good day, learning is the best possible thing I can do as a beginner. I'm not currently in this space to make money, Just in to learn right now, money will come later. Although I did lose around 11$ because sol is currently falling and at 78$. Gonna try to make it back tomorrow. Proud that I didn't force a trade today if I didn't feel it. Sadly behind on school and homework right now since I traded almost all day. Might spend less time tomorrow cuz gotta study and got 10 hours of school. I'm kinda addicted to the markets its so weird ngl. I don't even spend money, just the grind is so addicting I enjoy it so much.
tomorrow:
ACTUALLY STUDY BRO school is gonna kill meeeee
Trade for like 2-3 hours.
MAKE IT OUT BRO
I THINK IM ACTUALLY GOING CRAZY CUZ OF TRADING 16 DAYS IN BRO I DONT SLEEP ANYMORE ITS ALL THATS ON MY MIND I LOVE IT WHAT THE HELLY.
I'm gonna look back at this one day and cringe. I think I might be dumb. Ayt see y'all tomorrow
quote of the day: The strongest tree has the deepest roots. To be strong is to go towards hell to then make you rise to heaven.
Ayt gotta wake up in 5 hours geeg, see y'all tomorrow.
@Zsomberrrr@notdecu@Naoshi100x@Zsomberrrr Hey man just wondering how do you make sure not to become the exit liquidity of these streamer's? What's makes you buy a coin more than an other if the streamer buys both?
Be BORING. Build boring business. Do boring workouts. Read boring books. Do boring courses. Eat boring foods. As a man who wants to go far in life, learn to be bored, silent, and alone.
@Schoen_xyz@Schoen_xyz, When you spot a runner or something with a good narrative, what do you look at to tell you how I do you think it will go? Also for $PUSSY , you were down like 4k, at a moment, as a beginner trader I would probably have sold if I was down. What made you hold it?
@Wickesy_ I'm just wondering why and how'd you know Elon unfollowing would make the coin go up? I personally thought that him unfollowing would make it go down since the narrative genuinely relied on him actually being Elon's son and him being followed by Elon was basically proof of that.
Day 15
Pretty sure I did 5 hours today, but might be a bit more or less
Small setback, but a lot of learning so I guess it works out. I was in science class when I saw Max coin was at 3mil. Sold early at like 4.5m for a 50$ profit. Then proceeded to topblast the same coin and ended up down -$24 dollars. Also bought Mihao and went down one dollar, wanted to try trading high caps (I was also bored). I really messed up investing 2 sol into max coin. Almost my entire wallet right now (rest is in usdc). Took a break, to not rage trade the rest.
What I learned from today:
•When you have good conviction you should hold. Trust in the coin you buy. This is something I've been struggling with, as soon as I see a somewhat big dip I want to sell, but if the coin is good and I think it will run I shouldn't panic sell or stress over it. Coins go up and down and trusting the narrative and analysis done on the coin before buying is what's most important.
•On final stretched coins, I'm starting to get a somewhat good idea on which coins will migrate and go higher (more in EU times, because the volume is less so I feel like it's easier to know what runs) , I must analyze and make a strategy with this.
•Don't be impatient and stay calm, a -25$ loss might hurt now, but only thing I can do is learn from it. Best to take a step back after losing trades and take time to analyze why it didn't work. Sometimes, it's about being unlucky, but 99% of the time their is something you could of done to make the trade profitable.
•Don't force a trade.
•I also feel, like even though I trusted the max coin, I didn't trust it enough to almost full port it. put the amount you're comfortable with losing. If you manage to control how much you lose, then that's a good step.
I'm an idiot when it comes to this space, and still have alot to learn. Still proud of today though. Could of studies more. Proud I went gym.
What I need to do tomorrow:
•Spot a runner early
•Make a tracker for every single of my purchases, with every info
•Study (4 hours) :L
•Trench (10 hours) (I don't have school)
•Learn more about how the solana market works
•Gym
•Make profit
GG's onto the next.