How To Trade Meme Coins On Solana

Don't overlook the opportunity to trade meme coins, as they can offer substantial rewards, potentially yielding returns of 100x or even 1000x, though they also come with significant risks.

Always do your due diligence before you start or copy profitable traders and never invest more than you can afford to lose.

Start the Trojan on Solana bot to get a Solana wallet. Some advantages of utilizing this bot include automated profit-taking selling, low fees, precise entry through limit orders, and the ability to copy trades from successful traders. It's the best platform to trade meme coins.

Initially, fund your Trojan on the Solana wallet with small amounts for testing purposes. Transfer SOL to your wallet address provided when you initiate the bot.

Step 3

Where can I find meme coins to trade? Finding the best meme coins on Solana requires research. DEXScreener is an excellent place to begin. Look for meme coins with liquidity over 40K, high trading volume, and positive trends in the last 6 and 24 hours

Now is the moment to make your first trade.

Select a meme coin within DEXScreener to view its chart.

Employ a straightforward strategy by incorporating a Moving Average length 10 (MA 10) into the chart and focus on trading exclusively the first and second rebounds.

Initiate buy limit orders at the moving average price using the Trojan on Solana bot.

1. Click Buy

2. Input meme coin address

3. Choose Limit

4. Specify amount

5. Adjust Slippage to 20%

6. Input Trigger price (MA 10 price)

7. Define expiry as 8h

8. Press CREATE ORDER

Now, the bot will automatically execute a purchase when the price drops to the MA 10, and should it rebound, it will also automatically secure profits at +100% returns. Should the strategy not succeed, it will automatically activate the stop loss, resulting in a small loss.

Here are a few of our latest meme coin day trades

As we wrap up our exploration of the dynamic world of meme coin trading, it's clear that every little saving can significantly enhance our trading journey. Using this discount link , you save 10% on transaction fees. 

These are the best settings to enhance your trading experience on Solana using Trojan on Solana.

1. Set the fee to 0.0085 for highest priority, ensuring your orders are executed at your desired entry and profit-taking levels.

2. Enable Auto Sell for the automated selling rules to function (refer to Step 4).

These the optimal settings for the Trojan on Solana Bot to boost your trading performance and reduce any possible problems like unfilled orders.

Is there anyway to copy trade a SOL wallet? 

This is how to find and copy trade profitable wallets.

Then configure your Trojan on the Solana Bot to copy one or more wallets using the Copy Trade feature.

1. Enter the wallet address into the Target Wallet field.

2. Specify the Buy Amount as the desired SOL amount, such as 0.5 SOL (avoid using percentage amounts).

3. Enable Copy Sells by setting it to Yes to also replicate the wallet's sell orders.

4. Adjust the Buy and Sell Gas to 0.085 each.