but something interesting is I say always ahh I set the stop loss to high...😅😅 but at the end of the day I keep using this strategy again it is not that I change anything...

The reason many people fail at trading memecoins is because they are mentally not strong enough.

This does not only count for memecoin trading but also for futures trading. You need to have a plan and you need to be strict with yourself. When your coin hits a certain level you have to take profits. Aggressive profit taking will always be the best.

How many times have you bought something it went up a lot, you got greedy and wanted more and then it starts dumping and you STILL don’t sell because you think it will go back to it’s peak?

That’s what you need to avoid. The biggest tip I can give memecoin traders is to be aggressive in taking profit and to forget the coin after you have taken profit.

Look at the coin I bought for example, I bought it at 10K mcap and sold at 20k then again at 40k. But if I held it would have been a 26x.

This will happen to you many times and you will feel bad and then you will not sell your tokens next time because you think you will miss a 10x or 20x or idk what but that’s what you need to learn. Don’t be greedy => take profits => forget the coin => move forward.

I hope this helps give some people clarity when trading.

God bless you ❤️💯