Leverage

Newbies often feel there is an "edge" in the selection of the product they are trading. The fact of the matter is, it really comes down to edge. You either have one or you don't. The product is pointless. What usually kills guys in futures and FX is leverage. Not the product itself. You give stock guys super leverage and they blow out just as fast as futures guys. There is no "strategy" for making money. One has to develop the "skill" to become a good trader. Just as one cannot learn a magical way to throw a football to become like Tom Brady. One has to develop the "skill" of a Tom Brady.