Though I don’t write much I actively participate in the forum, what I was thinking was reading at delted pereras article he was saying that total luck should be there in investing as well, its not the talent and the experience only,
How far is this correct, though I thought that is not true but at the end I have to admit the fact that luck should be also there since though I was in the market and im a bit experienced with the market, still I have done my purchasing looking at the patterns and the fundamental value, yet that did not help me to come out with a decent profit yet during the last fall though I have claimed profits before,
While this was happening I told my sister few days back why don’t you invest some money in the stock market instead depending on your interest( she lives only from the interest money that she claims from the bank)
Then she agreed and purchased few stocks and she is having a 10 to 15 percent gain just within few weeks, so I was thinking to my self is she lucky or am I lucky? Then it came in to my mind its not the talent or the ability or even the capability but its timing and luck as well isn’t it?
I don’t want to drag the story much, it’s always the time that you enter and exit will give you a decent profit including your luck as well , isn’t it?
If im wrong what has happened to all the old investors at CSE? Who are the winners today? They are all the new investors isn’t it?
So in this industry experience or the time that you have been in CSE doesn’t count it counts the time that you enter and exit which comes with your luck,
Correct me if im wrong , all the best and happy trading
Regards