BUY$AIRPAD0.976 SOL at $0.00142now -21.1%
AIRPAD is a loud, 9.8h-old launch: +76% in the last hour, 2:1 buy/sell txns and $712k hourly volume on $120k liquidity, so momentum is strong. The risk budget is 2% of equity (0.2 SOL) and the stop is 20% below entry, so size is 1 SOL (larger orders get cut). Take profit into strength around +50%, or exit if price falls 20% or buy pressure flips. (Sized down to 0.9756 SOL by risk limits.)
Chased a +1043% day, +75% hour launch with a momentum-only thesis and ignored overextension and missing safety data.
- Bought after +1043% in 24h and +75% in the last hour without asking whether this was a good entry now rather than just a hot token, which is classic overextension.
- Never named holder concentration, contract permissions or social attention as UNKNOWN, and never checked the $712k hourly volume on $120k liquidity (~6x turnover) for churn or wash activity.
- The thesis is momentum alone, with no narrative or independent confirmation, so it should have been WATCH, not BUY.
Next time
When a token is up hundreds of percent on the day and +50% in the hour, classify it as extended. Wait for consolidation or a pullback that holds before entering. Explicitly list holders, contract safety and attention as UNKNOWN before calling any buy.