How To FIND MILLION Dollar MemeCoins On Pump.Fun [PHOTON Software Tutorial]

Summary

This tutorial video delves into advanced trading techniques on pump. fun, a platform unfamiliar to most traders. The presenter introduces a 'legit dip technique' to identify potential investments by setting up specific filters to avoid rug pulls and bot activity. Emphasizing the importance of tokenomics and market cap, the video guides viewers on how to spot genuine dips, make informed trades, and secure profits without relying on social media hype. The strategy is demonstrated live, showcasing how to capitalize on pump. fun's volatility while minimizing risks.

Takeaways

• 📈 The video provides advanced trading techniques for 'pump. fun', a platform that most traders are unfamiliar with.
• 🔍 The 'legit dip technique' is introduced, which involves identifying dips in the market that are not due to developers selling off their holdings quickly.
• ⏳ Time is a critical factor in identifying whether a dip is legitimate or if the developers are attempting a quick sell.
• 📊 Market cap is a key indicator; if it stabilizes around 4.8-5.5K after a dip, it may suggest the developers have not sold off.
• 🛑 The use of filters is emphasized to avoid bots and to identify tokens with good social media presence and website narratives.
• 💰 A minimum market cap of 7K and a volume of $2500 in transactions are suggested filter settings to find potentially profitable dips.
• 🚫 The speaker discourages reliance on social media profiles and Telegram for research, instead focusing on tokenomics and trading volume.
• 📉 The importance of identifying when a token has 'run up' and is likely to experience a pullback is highlighted for making informed trades.
• 💡 The video demonstrates how to use Photon software to set up filters and analyze trading opportunities in real-time.
• 🤑 The speaker shares personal trading insights, including taking profits at key resistance levels and selling out when the market shows signs of panic selling.
• 🚀 The potential for significant returns is illustrated through a real-time trade example, turning a small $40 investment into $216 in a short time frame.

Q & A

What is the main focus of the video?

The video focuses on advanced trading techniques for 'pump. fun', a platform where traders can participate in token pumps, with the aim of identifying legitimate dips and avoiding scams or 'rug pulls'.

What is the 'legit dip technique' mentioned in the video?

The 'legit dip technique' is a method used to identify a dip in a token's price that is not due to a developer selling their holdings, which could indicate a 'rug pull'. It involves using specific filters to analyze the market cap and trading volume to find opportunities for profitable trades.

Why is the market cap a crucial factor in the 'legit dip technique'?

The market cap is important because it helps determine whether the developer has sold their holdings quickly after a pump. If the market cap remains stable in the expected range (e.g., 4.8 to 5.5K), it suggests that the developer has not sold and the dip might be legitimate.

How can filters help in avoiding bot-induced pumps?

Filters can be set to disregard tokens with low market caps and high transaction volumes that are characteristic of bot-induced pumps. By focusing on the dollar amount traded rather than the number of transactions, traders can avoid falling for bot manipulation.

What is the significance of the '5K limit' mentioned in the video?

The '5K limit' refers to the point at which if a trader buys immediately after the developer's initial sale, they are unlikely to lose money. It's a strategy to minimize risk by buying at a price point that has already been established by the developer's sale.

Why does the speaker suggest not looking at social media profiles or Telegram?

The speaker suggests that social media profiles and Telegram channels can be easily manipulated or faked, and therefore are not reliable indicators of a token's legitimacy. Instead, the focus should be on the tokenomics and the use of filters to analyze trading patterns.

What is the purpose of setting a minimum market cap in the filters?

Setting a minimum market cap helps to filter out tokens that may have been quickly sold by developers, which could indicate a 'rug pull'. A higher market cap suggests stability and a lower likelihood of the developer selling off their holdings.

How does the speaker determine if a token has 'good socials'?

The speaker determines if a token has 'good socials' by observing the buying patterns and the number of transactions. If many people are buying and the transaction volume is high, it suggests that the social perception of the token is positive.

What is the strategy for exiting a trade as described in the video?

The strategy involves selling the initial investment when the token reaches a certain price point to secure profits, and then deciding whether to hold or sell the remaining position based on ongoing trading volume and price movements.

How does the speaker use the 'Photon software' to enhance their trading?

The speaker uses the 'Photon software' to set up custom filters that help identify legitimate trading opportunities and avoid scams. The software allows for advanced analysis of market data, which gives the trader an edge in making informed decisions.