Trading is not only a game of probability, but also a game of rules.
By deeply understanding probabilistic thinking, one can establish a high-win-rate trading system. Moreover, if you have strong confidence in your trading system, you can maintain a good mindset.
On the other hand, rule-based thinking leads to strong execution power. Without high standards of execution, even the best trading systems will lose their effectiveness. Trading experts must have a strong awareness and recognize the importance of rules, and they must strictly adhere to them, just like the traffic lights at an intersection: a red light prohibits passage; never run a red light; a green light means go; never stop and dawdle there. In trading, what should not be done must not be done; conversely, failing to do what should be done is also a mistake. $BTC
