Currently testing an automated scalping strategy on trending solana tokens, will keep updates here to document my progress.

Automated scalping strategy update #2

The bleeding market of today is the perfect occasion to stress test the strategy

➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.

➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).

➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.

➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.

Again, the insights gained by this fully red day are going to be extremely valuable.

Why working on automating your trading strategy?

Because as Warren Buffet once said, if you don't find a way to make money while you sleep you will work until you die.

The people making the most money on Solana are the devs

Not the meme coin creators who call themselves "dev"

But the actual devs in the trenches everyday fighting bugs and syntax errors

Automated scalping strategy update #1

➳ Telegram bots (ex: Trojan, Maestro...) have lags when it comes to doing multiple trades a day, sometimes never selling, leaving you without the expected profits. Will upgrade to a reliable custom script.

➳ Because of token volatility, an important stop loss (50% - 60%) can work, as long as you buy the right tokens; not the ones being rugged upon launch.

➳ Currently aiming for fewer trades, but with a higher % of winning ones. Around 20 trades a day.

➳ Criterias to find which tokens to buy will follow in another update...

The key points of the automated strategy I'm currently testing:

• Using a custom python script to forward specific contract adress
to telegram bots
• Private server to run the script 24 hours a day
• Only taking small profits on each trades (10%-20%)
• Using natural token momentum (trending or launch)

What has been the most winning strategy so far this bullrun?

• Going for as many trades as possible daily with 20% to 50% profits on each, avoiding losses at all cost.
• Fewer trades with over 300% profits; going for the moonshot.

Always follow the gold ticker accounts, never know where these projects might end up

The partnership with @GMEonSOL has got to be the most bullish news I've heard in a while

I have yet to meet someone as honest and helpful as @TopG

It's refreshing to see some honesty in this world full of scammers and ruggers

Other than the community, what are the green flags one must look for when buying tokens?

I always tell that patience is key, even in meme coins. Often, being late will prevent catastrophic losses.

Now, let's use this platform the way it was intended; which token should be bought that will 10x ?

What a great launch this has been. With such a community, where are we going to be in the next month?

In 10 years time, we will be proud to be the first 100 members on this platform

What are we buying today?