Trading on GoonPad

Learn effective trading strategies for GoonPad's bonding curve and graduated tokens.

Trading Basics

How to Buy Tokens

1. Navigate to token page
2. Click "Buy" tab
3. Enter SOL amount to spend
4. Review estimated tokens received
5. Set slippage tolerance (if needed)
6. Click "Buy Tokens"
7. Approve in wallet

How to Sell Tokens

1. Navigate to token page
2. Click "Sell" tab
3. Enter token amount to sell
4. Review estimated SOL received
5. Set slippage tolerance (if needed)
6. Click "Sell Tokens"
7. Approve in wallet

Understanding Slippage

Slippage is the difference between expected and actual price.

Why Slippage Happens

• Price changes between clicking "Buy" and transaction confirming
• Other trades execute before yours
• High volatility tokens

Slippage Settings

• Low (0.1-1%) - Use for stable, liquid tokens
• Medium (1-3%) - Most tokens, normal conditions
• High (3-5%) - Volatile tokens, fast markets

WARNING

Higher slippage = higher chance of execution, but worse price. Don't set higher than needed!

Bonding Curve Trading (Edging Phase)

Price Mechanics

During Edging phase (0-85 SOL), price follows bonding curve:

Buying:

• Each purchase increases price
• Larger buys = bigger price impact
• Early buyers get better prices

Selling:

• Each sale decreases price
• Price returns to curve after trade
• Can't sell below curve

Trading Strategies

Strategy 1: Early Entry

• Buy immediately after launch
• Lowest price on curve
• Risk: Token might not take off
• Reward: Highest upside if it does

Strategy 2: Wait for Momentum

• Watch for volume increase
• Buy when trend confirmed
• Risk: Higher entry price
• Reward: Lower chance of dead token

Strategy 3: Swing Trading

• Buy dips, sell rallies
• Take advantage of curve volatility
• Risk: Timing the market
• Reward: Accumulate without holding through drawdowns

Strategy 4: Hold to Graduation

• Buy and hold until 85 SOL
• Believe in long-term potential
• Risk: Token might not graduate
• Reward: Ride full wave to Raydium

Graduated Token Trading (Nutted Phase)

After graduation, tokens trade on Raydium AMM.

Key Differences

Edging Phase	Nutted Phase
Bonding curve price	Market-driven price
Fixed liquidity	Deep liquidity pools
Higher slippage	Lower slippage
GoonPad only	All Solana DEXs

Trading on Raydium

Once graduated, you can trade via:

• GoonPad - Embedded Raydium interface
• Raydium - Direct AMM pools
• Jupiter - Aggregated best price
• Any DEX - Full Solana ecosystem

Reading Token Metrics

Price Chart

• Line chart shows price over time
• Green candles = price up
• Red candles = price down
• Volume bars show trade activity

Market Cap

Market Cap = Token Price × Circulating Supply

• Shows total token value
• Key metric for graduation (85 SOL target)

Volume

• Total SOL traded (24h, 7d, all-time)
• High volume = active trading
• Low volume = might be dead

Holders

• Number of unique wallet addresses
• More holders = better distribution
• Whale wallets to watch for

Bonding Curve Progress

• % toward 85 SOL graduation
• Visual progress bar
• Estimated time to graduation

Advanced Trading Tips

1. Check Creator Activity

• Did creator buy their own token?
• Are they promoting actively?
• Livestream running?
• Community engagement?

2. Analyze Holder Distribution

• Avoid tokens with single whale (>20%)
• Look for distributed holdings
• Check top 10 holders

3. Watch Trade Patterns

• Consistent buying = bullish
• Large sells = bearish
• Bot trading = manipulated?

4. Time Your Entries

• Avoid buying into parabolic rises
• Wait for consolidation
• Buy fear, sell greed

5. Set Profit Targets

• Take profits at 2x, 5x, 10x
• Don't hold 100% to top
• Secure initial investment

Risk Management

Position Sizing

Never invest more than you can afford to lose:

• Conservative: 1-5% of portfolio per token
• Moderate: 5-10% per token
• Aggressive: 10-20% per token
• Degen: 20%+ (not recommended)

Stop Losses

Mental stop losses for meme tokens:

• Exit if down 50%
• Exit if creator rugs
• Exit if no volume for 24h

Diversification

• Don't put all SOL in one token
• Spread across multiple launches
• Keep some SOL for opportunities

Common Trading Mistakes

[ ] FOMOing In

• Buying at peak hype
• Chasing green candles
• Not waiting for entry

[ ] Panic Selling

• Selling at first dip
• Not giving token time
• Exiting before graduation

[ ] Overleveraging

• Spending entire portfolio
• No SOL left for other tokens
• Can't average down

[ ] Ignoring Fees

• Platform fee: 1.75%
• Solana transaction fee: ~0.00001 SOL
• Slippage costs
• Adds up on frequent trades

Platform Fees

Every trade incurs 1.75% platform fee:

Example Buy:

You spend: 10 SOL
Platform fee: 0.175 SOL
Toward tokens: 9.825 SOL

Example Sell:

You receive: 9.825 SOL
Platform fee: 0.175 SOL
Total from curve: 10 SOL

Fees go to Nut Jar for creator rewards.

Security Tips

Wallet Safety

• [x] Use hardware wallet for large amounts
• [x] Verify transaction details before approving
• [x] Never share private keys
• [x] Check contract address

Avoiding Scams

• [ ] No token will "guarantee" returns
• [ ] Don't trust DMs about airdrops
• [ ] Verify official links only
• [ ] Don't click suspicious links

Tools and Resources

On-Platform Tools

• Real-time price charts
• Trade history feed
• Holder analytics
• Creator livestreams

External Tools

• Solscan - Transaction explorer
• Birdeye - Advanced charts
• Phantom - Portfolio tracking

Next Steps

• Token Graduation - What happens at 85 SOL
• API Reference - Build trading bots
• FAQ - Common trading questions
• Troubleshooting - Fix issues

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Happy trading! Remember: DYOR (Do Your Own Research) and never invest more than you can afford to lose.