The legendary woman who was reborn from the ashes

Have you ever been full of enthusiasm and wanted to move forward towards a goal, but in the end found that things did not develop as you wished?

Or maybe you have firmly warned yourself that you must never cross that bottom line, but you inadvertently crossed the line?

Or maybe, sometimes you have made up your mind to do something, but in the end you find that you have not taken any action?

In the world of trading, such stories are common. Compared with the system, rules or any other external factors you use, your inner feelings and attitudes are the key to success or failure.

The book "12 Habits of Successful Traders" reveals to us the habits that unsuccessful traders are unwilling to face or even resist.

This book teaches us how to develop the psychological and emotional skills that are essential to successful trading.

In the book, futures trader and international psychological trading coach Barrons Roosevelt, with his rich experience and unique insights, guides us to identify and deal with various emotions, resolve inner conflicts, and deeply imprint good habits into our daily behavior.

Among them, the habit of thinking in terms of probability is particularly important. Chesterton once said: "The real problem with our world is not that it is an irrational world, nor even that it is a rational world. The most common problem is that it is almost rational, but not quite rational. Life is not illogical, but it is a trap for logicians."

The same is true in the world of trading. It seems to follow certain rules, but it is often unexpected and catches us off guard.

In the face of such a world, the only thing we can do is to learn to think about problems from the perspective of probability. After all, remote viewing, psychics, astrology, or praying for divine intervention are just illusory fantasies. Our transactions must ultimately be in our own hands, and probability is the most powerful weapon we can have.

Of course, probability is not everything. Sometimes patterns emerge, but not always; systems work, but not always. Fundamentals may dictate prices, but not always.

This does not mean that we have to give up. On the contrary, this is the charm of trading - it is full of uncertainty and challenges, and we need to keep exploring and trying.

Learning to relax and face all possible outcomes calmly is a lesson that every trader must learn. After all, if there is forever, then the game would have ended long ago.

Every day, the Wall Street Journal tells us that the future market is full of variables. We cannot rely on insider information or other illegal means to gain benefits, because these methods are not foolproof.

Therefore, let us face the world of trading with a more mature and rational attitude. Think with probability, act with courage, and face all challenges with wisdom. Move forward steadily in the ocean of trading and finally achieve your goals and dreams.

We need to fully accept the conditions and resources we have and shift our thinking to probability theory. Rather than simply predicting the outcome, we need to take action based on the guidance of probability.

Keep awe and trust in probabilities, because they are the quantitative expression of possibilities. Successful traders are those who can deeply understand and apply probabilistic thinking.

They don’t just passively accept probability, but actively dance with it, carefully grading the probability of various transactions into levels: slightly likely, highly likely, and extremely likely.

Adjust your risk tolerance and trading strategy according to different levels of probability. For example, in a transaction with a greater probability, you are willing to invest more money and take greater risks to obtain higher returns.

In order to improve the accuracy of probability, modern science and technology provide us with strong support. Computer-driven probability enhancement technologies such as neural networks, genetic algorithms, and volatility compilation make our decision-making process more scientific and precise.

However, these techniques are not omnipotent; they rely on historical data to predict the future, but the past can never be completely equivalent to the future.

We need to face up to our own limitations and the limitations of our technology. Predictions can only ever be approximate, and explanations are always uncertain.

What we need to do is to adapt to this imperfection, learn to respond flexibly under the current situation, and believe that probability will maintain the current trend for a period of time.

Traders who are mired in self-doubt and self-importance often distort the true nature of probability. They believe that they are doomed to fail, which prevents them from looking at trading results objectively and learning from their failures.

They may constantly try new trading systems, but when problems arise in the system, they are unable to rationally analyze the causes and instead simply blame external factors or deficiencies in the system.

Jiang Juan was once such a trader, believing that she would never be able to escape the fate of failure. This shadow lingered in Jiang Juan’s heart, preventing her from truly enjoying the fun and challenges brought by trading, and also hindered her growth and progress on the road of trading.

In fact, probability is not a mysterious force that determines our destiny, but an important tool to help us understand the world and understand risks.

When we learn to look at transactions from a probabilistic perspective, we can face the ups and downs and changes of the market more calmly and make decisions more wisely. Therefore, let us embrace probability, trust probability, and dance with probability!

Sometimes, Jiang Juan could never imagine that the market would suddenly fall into a period of decline. Once she sold, it seemed to have reached the bottom; but at this time, once she decided to buy after hesitation, the market seemed to jump to its peak in an instant, and she bought at the top. It was simply incredible.

For some traders, an inexplicable premonition of failure quietly grows and almost becomes a curse for their trading.

This premonition causes them to unconsciously avoid trading opportunities and methods that may be successful, and instead dive into trading quagmires that are doomed to fail.

Their beliefs act like filters, silently blocking out those signals of success that should be shining.

After countless such lessons, Jiang Juan uses her own most real experience to tell you that as long as you are willing to put on the glasses of probability and observe your transactions through the prism of possibility, you will be able to get rid of the shadow of failure.

Belief in probability will drive you to constantly explore the secret of success, allowing you to find the path to success in the ocean of probability.

Successful traders know that probability is their trump card. For them, probability is enough, or even more than enough, because under the blessing of probability, they know that they will succeed in the end.

Even if it has not yet been realized, it will always arrive in the future. Probability is like a safety net. Although it cannot completely eliminate risks, it can at least provide them with a layer of protection.

Probabilistic thinking allows traders to stay out of trouble. When you look at a transaction from a probabilistic perspective, you will find that you can make decisions more rationally.

If the transaction has the possibility of making a profit, you will execute it without hesitation; if it only has the possibility, you will set a reasonable stop loss point to protect yourself.

Because you know, any transaction involves risks, and probabilistic thinking can help you better manage these risks.

Probabilistic thinking can also help traders maintain a balanced mind. Unlike deterministic thinking, probabilistic thinking emphasizes possibility and uncertainty. In trading, there is no absolute certainty.

It is through probabilistic thinking that we can keep a clear mind and not be confused by contradictory information. Clear perception allows us to keep abreast of reality and stop weaving false dreams for ourselves.

Thinking from the perspective of probability can help traders get rid of their personal subjective emotions and prejudices. Because all decisions are based on probability judgments, winning or losing once will not affect the overall trading strategy.

Success or failure is no longer a proof or negation of personal ability, but a normal manifestation of probability. In this way, the joy brought by success will not be overly publicized, and the loss of failure can also be alleviated in a peaceful state of mind.

In short, probabilistic thinking helps traders find the right direction in the ever-changing market. Firmly believe in the power of probability and stick to observing and dealing with the market from a probabilistic perspective, and you will be able to stay away from the quagmire of failure and move towards the other side of success.