The law I learned the hard way: the market moves according to the psychology of traders more than it relies on analyses.. this scenario always repeats: big rise » fear of missing out » buying » sudden big drop » fear of losing money » selling
And the result is that most traders lose their money or part of it.
Therefore, applying this law will always help you avoid many losses and earn more profits.
The golden advice:
"Buy when people are afraid and sell when people are greedy."
Despite its extreme simplicity, you'll be surprised that it's better than most analyses and indicators.. because big whales rely on the psychology of small and beginner traders to gather money.