As a trader who has survived in the market for a long time, the mind is particularly important. Just like martial arts, the upper-level martial arts also need the upper-level mind to cooperate. I saw the traders' sharing on the Internet, and now I will share with you some understanding of the mind that will help you trade:
1. What we pursue is not accuracy, but certainty. The problem with this world is that smart people are full of doubts, while fools are full of confidence.
2. Most people care about right or wrong, yes or no? Probability changes with microseconds, but in real life, people only care about black and white results. This is how people think, because it is the simplest and most convenient way to think about problems.
3. As long as the sample size is large enough, anything can happen.
4. A once-in-a-century event does not mean that it will only happen once in 100 years, but that there is a 1% probability of it happening every year.