Hi Firefly24 — your soap top looks so nice. Have you cut it yet? I think that's my favorite part of the process!
I recognize the Royalty Soaps standard recipe, have used it many times and can attest to it being a good one that works well to make a bar with nice lather and excellent skin feel — though not for everyone!. I am 71 and have no issues with that much coconut oil in a soap bar, but as
@AliOop mentions, some need a different formula for their particular skin, such as less coconut oil, or no olive oil, and so on. Experimentation with different formulas will help you discover what you like, and what works best in your particular environment.
I wonder how quick your trace actually was. Katie's very large batches take a lot more blending, whereas your smaller amount of batter will trace in much less time. Again, no substitute for the experience of making your own and seeing how different formulas and ingredients behave! The fragrance and any other additives can make such a difference.
You've already gotten good suggestions on reducing the liquid amount; I think Katie's typical lye concentration is 38%, but I like the 33% suggested above (plus it is so easy to figure, since it's 2 times the amount of lye).
Another great source for beginner information and recipes is lovinsoap.com (Ben and Amanda Aaron). They provide some free beginner recipes (and much more!) here:
Basic Beginner Recipes
I started out with some of Amanda's basics and can report that they work nicely, especially if you're interested in trying palm-free formulas (once again, not for those sensitive to coconut oil). Everyone's skin (and water, and weather!) is different, and it's fun to try and discover what makes you (and your skin) happy. For me, using handmade soap is just pure pleasure!
Good luck!