[koheripbal]

Investing is not luck. It's luck if you make just one or two trades.

In the long run, statistical iterations (that you have modeled/researched correctly) will give you positive returns with a very high confidence.

Situations like in this post are obviously not that. I have a trading strategy that I execute over hundreds of trades per year based upon financial modeling and financial statement analysis. There's a little luck involved, but over many trades, the luck aspect cancels itself out.

It's like rolling the dice. If you bet on getting a certain number, and roll once, it's luck. If you bet on averaging a certain number and roll 1000 times, there's virtually no luck at all.