[ Lesson 06 · 6 min ]
Step 6 — Your first week, step by step
A simple plan for your first seven days: small sizes, a written exit, and a record of every trade.
The whole setup in order
If you have followed along, you already have everything. This is the checklist to run through before your first real trade.
- pump.fun installed and your first SOL bought inside it.
- Phantom installed, 12 words written on paper offline.
- SOL withdrawn to Phantom if you bought on an exchange.
- One practice swap done and reversed.
- Around 0.02 SOL held back for fees.
Decide your exit before you enter
Beginners lose most of their money by having no plan for selling. Write down two numbers before every buy: where you take profit, and where you accept you were wrong. Then follow them.
A simple starting rule: sell half at 2x to recover your stake, and let the rest ride with a hard cut if it drops back below where you bought.
Keep a trade log
One line per trade in your notes app: coin, size, why you bought, why you sold, result. After twenty trades, patterns show up that no video can teach you.
What comes after this
This free guide takes you from nothing to safely placing your own trades. The pro vault picks up from there: finding launches earlier, reading the wallets that matter, and structured exits.