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How to use probability distribution for trading ? new to quantitative based trading , kind guidance needed

Hi all,

I am comparatively new to quantitative based trading , i came across the concept of using probability distribution for trading recently on an article but it didnt really explain on how to use it. I am aware of the concept /theory of probability distribution in stats . but how can it be used for trading ? can someone kindly give examples or guidance regarding it .
also , if there are any quantopian lectures or other videos/notes which cover it . it would be awesome if you guys can share it .(or any books which actually show quantitative methods used in actual trading )

Looking forward to learn and trade ,
Jai