Things to consider before placing a trade:

A Is the current market (industry) in a bear market or bull market based on daily/weekly/monthly cycles, and what stage is it in;

B For the asset you choose, is there a market maker, are there any liquidity issues (this is essential for technical trading);

C Entry point, how is the risk-reward ratio (greater than 1), if the prediction is wrong, where is the average cost point, if the position does not perform as expected, where is the stop-loss, how much is lost;

It seems very complicated, yet it seems necessary, doesn’t it? When making money, no one says you made a mistake in taking profits. First learn to stop losses, then learn to take profits;

In previous years, buying a coin, as long as the bull market was on your side, you could win effortlessly. That was the era of incremental dividends, but now the market has matured, and you need to keep up with the times.