"So is time, so is fate, and luck is beyond my power" comes from Lv Mengzheng's motto.
The usage of "time" and "time, place and person" is the same, and both refer to opportunities and environment. Opportunities come from social environment, political environment and natural environment.
Life and luck have the same meaning, but separately, "life" is innate luck and destiny takes a hand. "Luck" is acquired, which means opportunity and luck.
"Neng" is a verb, which means to master and control.
"Timing, fate and luck are beyond the control of people like me."