One of the many misconceptions is that those who became successful through the stock market or any market did it by great trade after great trade. The problem with that theory is that is pretty much inaccurate.
Many times a successful investor’s career is defined by one or few great trades. That is the game we play. You make a few bucks here, lose a few there, but we all play for that one or few great hits.
No, you can’t go after it. You just have to stick to your plan, and, hopefully, one day you will break through. You can’t be afraid to lose money, yet at the same time you can’t be afraid to admit you made a mistake.
Often times, a great trade will come when you least expect it. At the same time it almost feels like it came too easy. “It takes a bit of skill, patience, and LUCK,” says Simon Slade. Nobody can really forecast the future; however, you can put yourself in the best position to take advantage of what the markets give you.
Eventually if you keep persisting, learning, and adapting, maybe that great trade will fall your way. Until then, we ride the waves of investing.