Your claim that success in picking the right stocks at the right time is all about luck... is totally bogus... but it certainly explains a lot about what you've been posting here.
I think it says you really don't want to even try to understand how the markets work... and really don't WANT to understand what the professionals do... that makes them win, and you lose.
Of course, it is true that "Millions of people will lose million of dollars thinking of their chance to hit the big one." It is also true that there is almost always someone on the other side of every one of those losing trades who is making money... not losing it. That "Millions of people will lose million of dollars thinking of their chance to hit the big one." will be true whether you are one of the winners or one of the losers.
The market is pretty much neutral in terms of caring about that. The game always has winners and losers. Your choices alone will determine which you will be.
The goal is to educate yourself well enough to be able to compete... to look at companies and be able to sort those that will win, that offer you the ability to take winning positions, from the losers... and that is NOT a function of luck... rather than a function of FACTS and awareness of MARKET BEHAVIOR.
Almost EVERY stock offers you the equal ability to lose money... or make money... only because "prices do change". Think, pick well, and time your trades properly... and you will likely be able to make money more regularly than most, if not consistently. Feel, pick poorly, act without knowing what you are doing, and time your trades improperly... and you will almost assuredly lose money... independent of and no matter the fact that prices will change as they do.
Handicapping company performance... is not rocket science.
Handicapping stock performance... is not rocket science.
Timing trades... is not rocket science.
But, neither is investing without doing your homework about the lack of rocket science.
Most people who spend enough time thinking about investing to bother posting here already know most of the "rules" for investing... many or most simply refuse to learn how to apply them well before playing the game.
Knowing the rules of the game of basketball... just doesn't mean you can play like Michael Jordan... without having equal ability, and equal understanding of and feel for the game...
You CAN outperform the professionals... but, you can't do that by playing the game while thinking there is safety found in doing exactly what they want you to do.
JMHO
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AI
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