I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
Then you need to settle for 10% or 20% profit, otherwise that's a risky strategy.
I mean buy high, sell low, not recommended
I would rather buy near supports, that's what I just did at 6.8k, as I expect the support to hold (6.4k). Of course if the support doesn't hold you have to immediately settle for a loss.
This strategy works better, it is low risk, the winnings are potentially high, sometimes 50% and the loss should be 10% (at most) each time if you have strict discipline.