A helpful way to think about what your circle of competence is is to recall two trades you understood and two trades you didn't. This will give you a clearer understanding.

For example,

What you understand: More than one friend has asked me if Ordi was just lucky. I answer absolutely not, it's a trade I can understand.

What you don't understand: I've been watching Hype for the past year, but I didn't dare enter a position even when it dropped to 10-20 points.