- Mint address
- The coin's real ID on Solana, a long string of letters and numbers. Names and tickers can be copied; the mint cannot.
- Liquidity (LP)
- The pool of money a coin trades against. It is the only money you can actually sell into, so a $3,000 pool can be emptied by one sell.
- LP burned or locked
- The pool's ownership tokens were destroyed or locked in a contract with a date, so the creator cannot pull the pool out from under holders.
- Mint authority
- A switch that lets the creator print more coins. If it is still set, they can dilute you to zero. Revoked is what you want.
- Freeze authority
- A switch that lets the creator freeze your token account so you cannot sell. Revoked is what you want.
- Token-2022 extensions
- Extra features a newer kind of Solana token can carry, such as a transfer fee on every trade, a permanent delegate who can move your tokens, or a pause switch. Dangerous for buyers.
- Holder concentration
- How much of the supply the top wallets own. Top 10 above 30% is a warning, above 50% is a hard no. Skip the pool address when adding up.
- Wash trading
- One wallet buying and selling to itself to fake volume. Shows up as hundreds of buys with almost no sells and few holders.
- Take profit (TP)
- A pre-set sell at a price above your entry, for example sell half at 2x.
- Stop loss (SL) or hard stop
- A safety stop: a pre-set sell at a price below your entry, for example minus 30%, so one bad coin cannot take everything.
- Trailing stop
- A stop that moves up as price rises and never moves down, set as a percentage below the highest price reached.
- Trailing drawdown cut
- The copy trading version: track a wallet's peak equity and drop the wallet when it gives back 20% from that peak.
- Slippage
- The maximum worse price you will accept so the order lands while price is moving. On new coins 30% to 50% is normal; it is a cap, not a fee.
- Priority fee and Anti-MEV
- A small extra payment (about 0.002 to 0.006 SOL) to get your transaction processed faster, and a mode that hides it from bots that front-run you.
- Dry-run
- Running a bot with fake money so you can see what it would have done. Freqtrade's default and your rule for the first two weeks.
- RPC
- The phone line your scripts use to ask the Solana network questions. The public line is throttled; Helius gives you a free private one.