Transcript for:
Trading Meme Coins Strategy

yo what's good everybody so in today's video I'm going to be breaking down my strategy on how you can make anywhere from $500 to $1,000 a day trading meme coins now $500 to $1,000 might sound like a crazy amount you know making $500 a day $1,000 a day right that could replace your job now the ma key main thing it doesn't matter whether you're trading with $50 $100 $1,000 $2,000 the biggest thing is about consistency you don't just need to be trading consistently but you you know the main thing is staying consistent with everything whether that's your trading style your trading strategy and staying disciplined these are the super super super important things these are the non-negotiables when you're trading you need to have a solid strategy that's not flippity floppity right whether you're trading final stretch and flopping back into a different strategy now when you get better and better and better then you can start to adapt to multiple strategies right you could have like a sword and a pickaxe and be doing two things at once right but if you're just starting you need to have a strategy that is proven to work right not just one that people are trying to sell you one that actually works and one that is consistent because you don't want a strategy that just works 1% of the time now there's different percentages right now we can go to like my Axiom and we can look at my win rate this looks like around 55 to 60% i I mean I don't think it shows the exact percentage but you could see it's obviously a little bit more green than red some really good traders their win percentage is way more red than green but when they when they win they're getting crazy crazy wins for me it's more important to get stacking on small wins right whether that's you know scalping for 2.3 point4 soul right if you can just scalp 40% 40% 40% 40% 20% 30% right all of these little scalps are going to add up like crazy now some days might be really really bad if we look at the trenches right now if we look at the hourly volume the hourly volume's down around 8% so trenches are not at the best right now the truth is with this strategy you can make money no matter how the market is I was making money when soul was at like nuked all the way down to $100 $90 and made money when soul was at $300 right i was trenching on Axiom on Bolex on all these different platform Photon that we had before and using the same strategy now the s the truth is with anything in investing things are changing you need to adapt something that was working today might not work yesterday or sorry something that was working today might not work tomorrow what's working you know a week from now might not work in a month from now things are always changing market conditions are always changing and the market is always moving forward it's never going back so you need to be adapting to the market this strategy has changed and changed and changed in very you know minute amounts but in the general purpose it has stayed the same so I'm going to break down my strategy and yeah so let's get started now the first thing in this strategy is you're going to need to find the right coins in order to you know use your strategy in order to trade basically now you c these can't be coins that are ultra ultra crazy coins or insanely high volume because those ones are super super super sketchy cuz you could be like say a coin's at 100K crazy high volume you push buy it shoots up to 200K and then the next second it shoots back down to 100K right and you're just down 50% so you need to find something that's consistent and this is where it's tricky right with if you're going to be sitting on new pairs all day and going off of Twitter tracker plays it's a little bit more risky because you're going to be versing it's super super competitive you're going to be versing you know Cupsy Good Trencher all these people right red just a lot of these Kos and people that do this for like a living right they're actual tryhards at this so you're going to be clicking by you're going to click buy right after they do and then you're just going to get farmed all day so you can get farmed on anything whether it's on final stretch on migrated doesn't even have to be meme coins it could be futures right you need to analyze where you can get your advantage from now we're going to look at coins that have real charts real holders real volume and I'm going to show you how to check that out so you're going to go to the holders and first thing you're going to probably want to look at bubble maps so bubble maps is going to do a decent job at trying to find people that are bundling and you know clusters of people that send money to different wallets in order to make it seem like they're not holding that much now this coin the chart looks super super weird from the start and it probably is a little bit bundled a lot of these devs have been cleaning out their wallets or cleaning out the the wallets that they send to so it's harder to track on bubble maps but you can also use bubble maps handinhand with for example like the bundlers section on Axiom and it shows you a two-sided thing on basically gives you two options to choose from or you could compare them and just kind of get your own idea now it's super super important to see the holders right here that they actually have Salana in their wallets because if you were to bundle a coin with 10 soul and send it to 10 different wallets after you buy the coins on those 10 different wallets they would have like a couple dollars right 01 soul or something like that which shows that it's a little bit sketchy so another way I like to look at these new wallets is if you go to Padre this trading platform if you go to trenches and let's just click on the same coin if you look on the holders these leaves for example this holder right here they had zero soul in this address so this this wallet was four it's basically 4 hours old so someone made a you know it's was a little bit sketchy this w the wallet is 4 hours old which is probably a new wallet for a bundle so you need to be watching out for things like that and super super important to look at the holders and the people that are in the coin because that's going to show what how the coin's going to be moving in the future right you cannot predict the future but you can get an understanding of what the coin could possibly do now it looks like it's probably just a meme of a cow or something or a bull so maybe keep an eye on it it's just the chart from the beginning looks very questionable now you could also look at the top traders are a lot of these top traders snipers you want to look at these people and also one that's very very very important is look at the transactions so if the buy transactions look very very weird we could even look at a new pair so let's look at this coin right here if the buys look really really weird if people are buying like say you have like say my options are 0.1 five one and two that's what most people do right they'll do with 0.1 buys they'll do 0.5.25 75.1 if people are buying with 634 or people are buying with 2 3 4 or some weird amounts then it's a bundle it's you know or people they're trying to bundle the coin without it with with trying to make it look weird real but in in reality they're just making it look weird so super super super important to check the holders you need to go through like a whole check of the whole entire coin right now as you get better and better and better this is going to be super fast it's going to take like three four seconds to just go through all this stuff but it's going to basically set you apart for most people because most people just blind buy everything and they don't know what they're doing and they're just gambling and they're going to lose all their money they're going to be like "Hey you know meme coins are scam you know meme coins aren't profitable but they're just gambling in reality." So if you can develop an actual real strategy then you can make a ton of money right there was like a study done like couple weeks ago 2% or less than 2% of pump fun traders have made over $1,000 and 98% of them have lost money so pretty bad statistic but the people that are in the less than 2% you know 1% are making lots of money right they're extracting so you want to be an extractor you don't want to be the one that's getting extracted right so for looking for coins now we're going to be looking at charts after we've seen holders right so you probably don't want to buy in a coin this is why I like sitting on Final Stretch you're going to need filters so if you need filters I broke down the filters in a previous video i'll break them down really quick again for the new pairs you can go raw dog on this or maybe 8K um and then for the rest for final stretch I do max age is 30 minutes because I don't want to see coins that are sitting there for 3 hours that are just dead and they're not going to migrate and then top 10 holders 50% 50% for snipers holding dev holding 50% and this basically just gets rid of the obvious scam coins so it just takes up extra space and you're going to have more space to see actual potential runners right so let's go back to this coin that I was looking at now you never ever ever want to top blast into anything no matter what it is unless it's something that is insane right that is obviously going to be going crazy you need to have control like I said you need to have discipline in what you're trading and you have to have discipline in yourself you cannot FOMO because you're going to get wrecked nine out of 10 times maybe one time you'll get lucky but nine out of 10 times you're going to get absolutely wrecked so for entries it depends right so let's say neuro let's see the neurode diversity index looks like it's a community coin talking about neur neurodeiversity so let's see latest nine members in the community last post was 54 seconds ago so it's not super active it's not super big but it might have some potential right so the thing that you don't want to be doing is you don't want to be buying on times of consolidation right when it just ran up all the way from 10K all the way to 20K and it's consolidating you need to look for entries right now the entries it could always fall lower right i'm not saying you have to run some crazy technical analysis on meme coins but you need to have understand what psychological zones are and where things are likely to bounce off of you know after people panic sell so one would be right here a possible entry would be here at 15K right or an even better one would be at 10K right because you see it's supported right here at 10K so you need to make a rule that you're not going to buy this coin unless you get a an entry that's nice right because right now it's just chopping like this it might go up a little bit it might go down and it might start downtrending like this until it starts getting a real panic cell right so once it has those really fat panic cells where these top holders on the top five top 10 list start chipping out or full clipping right like four five soul at a time three soul at a time like you could see it's slowly going down now then that's when you start looking to get into an entry right it's doing exactly what I just said now it's it could go lower it could go a little bit higher or it could just consolidate right you need to have a really really really fat sell in order to find an entry we could look at some of the coins I've traded before as an example let's go to here and let's look at this coin right here all right well this chart's not looking it's not loading so let me look we'll do this one right here well it looks like none of my charts want to load my P&L but let's see basically you need to find coins you need to find entries and you need to like for example this guy sold so it went all the way down to 17 which it could be an all right entry but you need to like stick with your principles and stick with your strategy i know there's a lot of lines and scribbles on the screen which don't really they don't really mean anything right because you never know how the coin's going to go but you need in order to get in the coin you have to have a set of rules you can't just buy a coin just because it looks good because most of the time you're just going to get wrecked right you think it looks good and it's really not that good and you just became top exit liquidity so if you look for an entry right technically this has just kind of been consolidating if you get a real dump you know and it's for an it's just for a reason of people being scared if it's a FUD dump right let's say the dev is a scammer or whatever happens then it's probably just going to go to zero and nuke so you need to find an actual entry and let's say it were to go to 15 right you buy in with one soul and you want to be the start of the buying pressure you don't want to be the top of it right so you don't want to be like "Oh it just hit 24K i'm going to top blast right here." And then someone that was in here they're going to sell on top of you you need You're not going to get this perfect right things always always change but you need to have like a set strategy or set you know stuck principles right now this thing is consolidating too right if you're able to find like a really really good entry always always get in on an entry never never topass never fumble into anything but you need to obviously get into coins that are not scams right the dev did some weird stuff to this coin so you know obviously it might be a scam so you need to find an actual coin you could even look for community coins which are what's kind of meta right now right and find the ones that that have motion people behind them people saying that they're going to pay decks something that's bullish right and then you wait in order for the trade to come to you you wait for the entry to come and then you buy right and then depending on what your risk tolerance is right you can hold it really really long or you can hold it relatively short so you could scout for 20 30% really really quick get in and out move on to the next coin or you could hold the coin wait for a potential two to 3x but risk roundtpping your whole bag so there's two different parts of that strategy right and I've done both so the ones where I've held have led to like my best P&Ls but a lot of the time like nine out of 10en times I end up roundt tripping so it's super super super important to just take your profits especially in the market right now i think it's you know it's really this super super super gy right now and you need to find coins get in and out really really really quick so that kind of breaks down a simple version of looking for entries now exits you know for example look at what this coin did it went from all the way from 20 all the way down to 12 now it doesn't have to exactly hit like 20 or 15 or 10 or 30 or 40K right like all these numbers but if it has a crazy crazy panic cell like this right where you're like why did people just sell that much then what you're going to be doing is with your buy it's going to be co you know causing some buying pressure so if you see this ran up like this right where would you want it to co go back down to in order to find an entry well look at this this is was it support right here and it bounced perfectly off the support now let's say you entered in here and the coin wasn't doing anything it was chopping and it's starting to go down then you get out because if you're if you hold and there's no volume there's no buying pressure you were the only buying pressure then it's going to people are going to get scared again and it's going to h the same thing what happened here is going to happen again so the good thing is if you have a bigger balance of soul then you can cause a bigger candle which which gets people wanting to fumbo back in again right it's like a domino effect so when you buy there's more buy pressure coming in and it starts pushing the price back up and then you could just sell right but if you're going to be selling for 5 10% then you probably shouldn't be trading because you need to find unless you're going to be breaking even right but I'm saying if your strategy is only looking for 10% 5% then what you're risking is not really you're risking more than you're than you're able to make with your strategy so you need to be okay with losing a little bit because sometimes you're not always going to be right but you need to analyze all your losing trades so super super super important now this coin is obviously getting a little bit more volume but like just don't top blast right i for example 23k all the way to 20 i don't think that was an entry you need to wait for like an actual panic cell like this because sure that might have been an entry in that moment but for for most other coins you know what I'm saying like you need to have a stuck you know in a real strategy that's actually going to work not one that that you're you're messing around with and trying it needs to be consistent and you know there's always going to be more coins that are being made so you don't have to be you know stuck and fomoing onto all these coins But super super super important i can't stress this enough always look for an entry you know like for example this would have been a perfect entry right here and if you had the guts to hold it you could have held it all the way up until 24 you know 24K or you could have just scalped it right here and scalped it up to 16K right or 17K and just take you know your 50% 40% and then move on to the next one because there's always going to be another coin but yeah I hope this helped you guys this was basically a you know brief breakdown on you know my strategy how I get in coins how I get out of coins and yeah so thank you for watching