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You could call any longterm investment in a business "Luck" when it finally hits.If you place your self in the position with the right tools its amazing how luck will find you.

*Trading a long system through not so favorable times to find yourself in a new bull market

*Buying houses and sitting on them for years while others tell you your an idiot,to then take part in a housing boom doubling and trebeling sale prices.

*Working within your business to gain maintain and expand your edge after years finding yourself at the very top and securing the larger majority of business within your field.

Luck--??

ASX your not alone this is where all start but never end their journey or more to the point get past.

Unless you know WHY and there are only 2 others I know of (WHY'S)---you'll be for ever twiddling and tweeking the HOW.

Again not alone.

Often looking at individual stock in a portfolio gives you the same feeling.How can this keep going,the temptation to sellout is huge.The chart below could be any stock and any index.The comments apply to any chart which looks similar.