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I got 4 spades, I have to ask, what are the ODDS I'll catch my flush on 4th or 5th street right? Or is it wrong, am I actually looking for the possibility that I'll catch my flush?
Approx 19% for each card to come.
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Let me give further example. Suppose I caught two A high flushes(OF SPADES) in a row(Sequential hands, one right after the other) Ok, next hand I get delt Ax of spades. I see two Spades on the flop. NOW, The possibility would be the same, but the Odds of hitting it a third time would be much lower.(Right?)
Sounds like you're saying you get 4 to the flush in 3 sequential hands. In which case the odds of completing your flush are the same. If you have 4 of the same suit then you are still 19% to complete on the turn. Then another 19% to complete on the river should you miss the turn.