Starting with just 1 SOL, you could reach 128 SOL if you consistently take profits at 2x. This simple, nearly foolproof strategy can greatly improve your trading success. Many traders miss out on 10-20x gains by forgetting the basics and chasing huge profits, ultimately giving up because they don't manage their trades well.

So, what do I mean by undershooting profits? For example, a trader might hold out for a token to 100x but end up locking in a loss or only a small gain when it doesn’t skyrocket. Here's how to avoid that: always take profits at 2-5x and leave a "moon bag" (a small amount in case the token takes off later). You’ll find this approach leads to more wins compared to holding out for unrealistic gains.

1/ First, go to @dexscreener and select the Solana chain. Click on "New Pairs" and visually analyze potential coins to trade. At this stage, your main task is to assess what the developers are working on since the market constantly evolves.

2/ After analyzing, look for coins with the potential for 5-10x gains. Click "1H" to see which coins have dropped in the last hour. My strategy involves buying after a major dip.

3/ Filter out the low-potential coins—avoid those with only $5-10k market caps. Set your filters to:

- Liquidity: minimum $10,000

- Market cap: minimum $50,000

This will save time and help you avoid unworthy trades.

4/ Check social media quickly, starting with Twitter and using @getmoni_io to analyze the community. Join the coin’s Telegram group to gauge sentiment — is the community buying the dip or planning to dump? You can also ask the team about their future plans.

5/ Now it's time to buy the memecoin. Stick to buying after a 70-80% drop. It might take time to master this strategy, but it almost always works — just look at older tokens for proof.

6/ Once you've chosen your buy levels, set limit orders. I use @tradewithPhoton for its convenience and protection against MEV bots. You can also set your Take Profit levels there.

Remember, this strategy doesn't guarantee 100% success every time. I'm sharing my approach, but I recommend starting small. Try it out for yourself and adjust as needed.

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