Meme Coin Trading 101 - Lecture Notes

Introduction

• Live Stream Unique Approach
  • Full Meme Coin Trading 101 course introduction
  • Engaging community before starting

Preparation & Community Engagement

• Community Interaction
  • Importance of getting more people involved
  • Community-based feedback during presentation

Objective of the Course

• Why Now
  • Timing: "Solana Summer"
  • Importance of live draft with community feedback
• Course Options
  • Option 1: Curated by personal experience
  • Option 2: Community input alongside personal experience

Introduction to Meme Coins

• Meme Coin Basics
  • Definition: Non-utility cryptocurrency, essentially a joke
  • Market driven by memes and jokes
  • Solana's role: Fast, cheap, attention-driven

Trading Mindset and Ground Rules

• Mindset Essentials
  • Trade only what you are willing to lose
  • Understanding high risk of scam and rug pulls
  • Importance of educated gambling and strategic approach

Tools Required

• Crypto Wallets
  • Phantom, MetaMask, Rabby
  • Loading funds: Moon-pay, Binance, Coinbase
• Decentralized Exchanges (DEX)
  • Dex Screener, Photon, BuLlex
  • Rug check tools for safety

Understanding DEX Screener

• Filters & Settings
  • Volume, Liquidity, Market Cap, Age
  • Reading metrics: Buys, Sells, Volume, Makers, Liquidity

Trading Platforms

• Photon vs BuLlex
  • Features: Rug check, limit orders, stop-loss, trading efficiency
  • Importance of settings configuration

Finding the Right Coin

• Chasing the Money Strategy
  • Setting filters for market cap and volume
  • Monitoring age and recent volume changes

Due Diligence

• Checklist for Buying
  • Initial eye test: Emblem, volume, market cap
  • Liquidity checks and holder distribution analysis

Timing the Buy

• Market Entry Strategies
  • Avoid buying the top; DCA into plays
  • High conviction buys

Timing the Sell

• Exit Strategies
  • Prioritize taking initial investment + profit
  • Understanding when to sell based on volume and holders

Moon Bag Concept

• Retaining Potential Gains
  • Leaving a portion in as a "moon bag" for unexpected gains
  • Strategy minimizes loss from missed opportunities

Conclusion

• Community Engagement and Learning
  • Continuous learning and improvement
  • Encouragement for community to engage, learn, and profit together