- Jul 1, 2026
- 3
- 55
It’s been a little while since I started this challenge, so I figured it was time for an update.
When I made the first post, I had 10 SOL in a fresh wallet and a very simple goal: try to turn it into 1,000 SOL without adding more funds.
Writing that goal down felt much easier than actually trading it.
The biggest thing I’ve noticed so far is that having a plan on paper and following it when money is moving quickly are two completely different things.
I went into this expecting the hardest part to be finding good opportunities. Honestly, the harder part has been knowing when to leave one alone.
There have been several tokens where I watched the early activity, saw the volume increasing, and felt that temptation to jump in simply because something was moving. A few of them continued higher after I passed.
But I’m actually glad I didn't chase every one.
One of the mistakes I’m trying hardest to avoid is changing my rules because of one missed trade. If I miss a move, I miss it. There will always be another setup.
I’ve also become much more careful about taking profits. In my first post I mentioned learning that profits aren't real until they're taken. I’m still working on that.
It’s surprisingly easy to watch a position go up and convince yourself that the next move will be even bigger. Then a sharp reversal comes along and suddenly a good trade isn't looking so good anymore.
So I'm putting more emphasis on protecting gains rather than trying to catch the absolute top.
Another thing I've been paying attention to is why a token is getting attention rather than simply looking at the price chart. Volume, wallet activity, liquidity, community activity and the overall narrative all matter to me now. None of them guarantees anything, but looking at several factors together gives me more context than simply seeing a green candle and getting excited.
I'm still nowhere near the 1,000 SOL target, obviously.
And that's probably a good thing to say out loud.
This isn't going to be one of those journals where every trade magically works and the account goes straight up. There will be bad trades, missed opportunities and probably some painful lessons along the way.
For now, my main objective is still the same:
Don't blow up the wallet trying to reach the goal faster.
I'd rather make steady progress and learn from the process than take one ridiculous gamble just because I'm chasing a big number.
For those following along, I'm curious about something:
When you're trading highly volatile markets, what rule has helped you the most with controlling emotion — position sizing, taking partial profits, stop losses, or simply staying out when a setup doesn't meet your criteria?
I'd be interested to hear what has actually worked for other traders.
When I made the first post, I had 10 SOL in a fresh wallet and a very simple goal: try to turn it into 1,000 SOL without adding more funds.
Writing that goal down felt much easier than actually trading it.
The biggest thing I’ve noticed so far is that having a plan on paper and following it when money is moving quickly are two completely different things.
I went into this expecting the hardest part to be finding good opportunities. Honestly, the harder part has been knowing when to leave one alone.
There have been several tokens where I watched the early activity, saw the volume increasing, and felt that temptation to jump in simply because something was moving. A few of them continued higher after I passed.
But I’m actually glad I didn't chase every one.
One of the mistakes I’m trying hardest to avoid is changing my rules because of one missed trade. If I miss a move, I miss it. There will always be another setup.
I’ve also become much more careful about taking profits. In my first post I mentioned learning that profits aren't real until they're taken. I’m still working on that.
It’s surprisingly easy to watch a position go up and convince yourself that the next move will be even bigger. Then a sharp reversal comes along and suddenly a good trade isn't looking so good anymore.
So I'm putting more emphasis on protecting gains rather than trying to catch the absolute top.
Another thing I've been paying attention to is why a token is getting attention rather than simply looking at the price chart. Volume, wallet activity, liquidity, community activity and the overall narrative all matter to me now. None of them guarantees anything, but looking at several factors together gives me more context than simply seeing a green candle and getting excited.
I'm still nowhere near the 1,000 SOL target, obviously.
And that's probably a good thing to say out loud.
This isn't going to be one of those journals where every trade magically works and the account goes straight up. There will be bad trades, missed opportunities and probably some painful lessons along the way.
For now, my main objective is still the same:
Don't blow up the wallet trying to reach the goal faster.
I'd rather make steady progress and learn from the process than take one ridiculous gamble just because I'm chasing a big number.
For those following along, I'm curious about something:
When you're trading highly volatile markets, what rule has helped you the most with controlling emotion — position sizing, taking partial profits, stop losses, or simply staying out when a setup doesn't meet your criteria?
I'd be interested to hear what has actually worked for other traders.