Why Futures Is Better Than Forex With Aaron Korbs | 095

แชร์
ฝัง
  • เผยแพร่เมื่อ 4 มิ.ย. 2024
  • Welcome to The Day Trading Show. This podcast is hosted by Austin Silver and powered by ASFX. We bring you conversations with the best traders of our generation. No rented Lambos or fake Rolexs will be found here. Grab your indulgence of choice and enjoy a conversation focused on making money in markets, trading psychology, and becoming the best trader you can be!
    This is the best podcast in the world for day traders so make sure you're subscribed!
    Today's special guest is Aaron Korbs! Aaron is a former Proprietary Institutional Trader managing multiple six-figure trading accounts for almost a decade. He made his way to the top 1% of consistent intraday traders after a long journey of trials and errors that didn’t interfere with his greatest passion: the financial markets. The turning point was when he was introduced to the Volume Profile, the only charting tool in the world that is able to provide real-time market-generated information. Once he started trading with it, everything started to click, and he understood why technical indicators are not sustainable and why Volume Profile is such a superior approach when reading market data.
    ---------------------------------------------------------
    3-Day Free Trial To Our Live Trading Room on ASFX.TV - asfxtv.uscreen.io/
    More info on Trading Mentorship - asfx.biz/bsc
    Take the ASFX courses and see an instant improvement in your trading -- asfx.biz/education
    Stay Connected With Our Weekly Newsletter - asfx.biz/subscribe/
    Connect With Austin: / austinsilverfx
    / austinsilverfx
    / austinsilverfx

ความคิดเห็น • 65

  • @AustinSilverFX
    @AustinSilverFX  6 หลายเดือนก่อน

    Sponsored by Tradezella
    Link: www.tradezella.com/?via=asfx
    Discount Code is ASFX10 for 10% off

  • @zackrens
    @zackrens 7 หลายเดือนก่อน +30

    Korbs is correct about futures and maturity as apposed to Forex. However there are for sure professional forex traders making a lot of money consistently

  • @FuturesBrizio
    @FuturesBrizio 6 หลายเดือนก่อน +12

    I have traded forex for 12 years and futures for about 2. But I can tell you I am heading more and more to futures and there will likely come a time I go to futures exclusively. Though I don’t use Korbs method. At the end of the day, trade whatever you want.

  • @LifestyleTradr
    @LifestyleTradr 7 หลายเดือนก่อน +1

    Korbs is a great guy, I really enjoyed his Daily Profile show back in the day, even if I dont trade his method, there was lot of valuable foundational info he talked about

  • @GeorgiZahariev
    @GeorgiZahariev 6 หลายเดือนก่อน +1

    What a great interview! Thank you both!

  • @deejay4837
    @deejay4837 14 วันที่ผ่านมา +1

    Volume profile has been around for ages...I don't know why this person is making such a huge deal.

  • @Monayyye
    @Monayyye 4 หลายเดือนก่อน +1

    Do that part 2 deep dive more into the differences and similarities in forex and futures as I am a forex trader trying to convert

  • @snypertrade
    @snypertrade 4 หลายเดือนก่อน +3

    it's all about experience and knowledge. At the end of the day skills is the most important thing you need. I love futures but forex is amazing bro. You also can trade currencies futures.

    • @microcapcoins
      @microcapcoins 17 วันที่ผ่านมา

      How is spread in corrency futures in 1 to 15 min candle compare to forex ??

  • @evanclark2499
    @evanclark2499 7 หลายเดือนก่อน +2

    Hey Austin, please show Aaron the video that Lance Breitstein put out saying he isn't sold on the idea that people can be profitable trading futures. I think it would be interesting to hear his take on that on the next show.

  • @FXM3
    @FXM3 7 หลายเดือนก่อน +14

    Fx is not for kids, although these Miami scammers are kids and they are unfortunately, destroying FX’s image.

    • @js7un165
      @js7un165 7 หลายเดือนก่อน

      Who specifically? Do you have a link?

    • @satyakishorejoga7607
      @satyakishorejoga7607 6 หลายเดือนก่อน

      Mamba , raja , lot of South Africans trades are scammers

    • @musikmakerfan
      @musikmakerfan 2 หลายเดือนก่อน

      Fx is the big boys game

    • @drsgme69
      @drsgme69 7 วันที่ผ่านมา

      ​@@musikmakerfan FX is for retail scammers

  • @ahmedabdi789
    @ahmedabdi789 3 หลายเดือนก่อน +1

    forex strategies that you know can you use to future trade or you have to learn over again i appreciate your answers to this question??

    • @freedomtrucker2332
      @freedomtrucker2332 3 หลายเดือนก่อน

      ..apparently these guys don’t feel the need to respond ..

  • @jayflaggs
    @jayflaggs 4 หลายเดือนก่อน +5

    Forex and Futures are completely different markets, why do people bother comparing them? Forex is for spot currency markets, Currency Futures are available but have almost no trading volume. The ES and NQ are popular Futures markets but have absolutely nothing to do with currencies.

    • @adrian3373
      @adrian3373 หลายเดือนก่อน +2

      They have no clue what the fk they talking about. From a professional stand point of view these chucks have no clue what the financial services are.

    • @omgbaxtergames
      @omgbaxtergames 18 วันที่ผ่านมา

      @@adrian3373 Came here for this. I actually work at a major hedge fund on a macro desk specializing in fixed income and forex. There's plenty of alpha to be made with forex, these guys are just too stupid to realize and only see a small picture of what is a very large field. They know nothing about actual financial services and how institutional hedge funds and investment banks work.

  • @nathane2890
    @nathane2890 7 หลายเดือนก่อน +1

    Good Interview.
    Is Korbs prop trading and what is his strategy around prop trading?

    • @FundedFuturesTrader
      @FundedFuturesTrader 5 หลายเดือนก่อน

      I believe he trades with TopStep. He was on the TopStep show recently.

  • @ziquefitness9707
    @ziquefitness9707 6 หลายเดือนก่อน

    I trade forex…how can I get started trading futures? We are talking about basics, I know nothing about futures.

  • @user-gi4wh6qd9y
    @user-gi4wh6qd9y 6 หลายเดือนก่อน

    ASFX joining your $10 a month channel what will I gain as a trader? I have traded forex, stocks and options. Also been looking into crypto trading.

  • @RealBadTrades
    @RealBadTrades 4 หลายเดือนก่อน

    whats the GJ, UJ equivalent in futures?

    • @drsgme69
      @drsgme69 7 วันที่ผ่านมา

      6j

  • @amirla84
    @amirla84 3 หลายเดือนก่อน +2

    just because the broker is regulated doesnt mean your money is safe and guaranteed with them. grow up people.

    • @AustinSilverFX
      @AustinSilverFX  3 หลายเดือนก่อน +1

      Nothing is guaranteed

  • @zackrens
    @zackrens 7 หลายเดือนก่อน +1

    ahaha Korbs is a champ

  • @Lonwolf.
    @Lonwolf. 3 หลายเดือนก่อน

    Another thing that makes Forex better than futures is you can risk a percentage of your account. So you can risk one percent you can’t do that with futures

  • @js7un165
    @js7un165 7 หลายเดือนก่อน +2

    Forex market is not an option. Tell that to a forex trader making $100K per week. Still, a good discussion.

  • @haqgeneral
    @haqgeneral 6 หลายเดือนก่อน +5

    Forex Industry is lucrative if your in the business behind the scenes as a broker offshore in bahamas unregulated offer 1:1000 leverage to all the retail losers who will 100% lose their investments within the first month or 2.

    • @adrian3373
      @adrian3373 หลายเดือนก่อน

      Same as futures, only with forex 1:1000 you can start trading from 10cent a pip. Now that's how you leverage, leverage 😉. Also no platform fees, and get paid swaps for holding overnight. From a professional point of view these guys have no clue what forex is or the financial markets. By the way Futures is so limited I can't find any pairs/assets I'm trading on forex and if you find some of them have no movement due to the lack of volume. Futures is still a baby in comparison with forex. Look at the daily traded volume in Forex vs Futures lol. Baby 🐥 🍼 futures

  • @thebluewhaler1216
    @thebluewhaler1216 6 หลายเดือนก่อน +1

    I disagree. I only trade Forex and It works well for me. I understand I am a passive technical trader. I rely on other people to push my position to my target profit.

  • @PaperChainsTrading
    @PaperChainsTrading 3 หลายเดือนก่อน

    is there any older people that have been in the trading game for awhile?

    • @MrFreeze79
      @MrFreeze79 2 หลายเดือนก่อน

      older people? like how old ? lol im 44.. is that old? :D

    • @PaperChainsTrading
      @PaperChainsTrading 2 หลายเดือนก่อน

      @MrFreeze79 haha no. Maybe 55 up? Just seems like so many young people making flashy vids

    • @AustinSilverFX
      @AustinSilverFX  2 หลายเดือนก่อน +1

      check out my other podcasts. many trading legends have come on

  • @kevins8802
    @kevins8802 7 หลายเดือนก่อน +9

    This dude seems to lack respect for you as a professional trader. Idgaf about his resume, it’s obvious his upbringing led to him having some inability to navigate basic conversational respect.

  • @trebrown1359
    @trebrown1359 2 หลายเดือนก่อน

    Its the same thing I could trade futures with forex smh Nas 100 is on forex the DXY dollar index gold oil ! pips ticks lots contracts sell put buy call !

  • @amay121
    @amay121 2 หลายเดือนก่อน

    I’ve seen more forex millionaires than futures, wonder why’s that

  • @millenialmusings8451
    @millenialmusings8451 4 หลายเดือนก่อน +4

    Forex is unregulated it seems. The overall community of TH-camrs trading forex also seems kinda sketchy like crypto. Broker names don't inspire confidence either. Oanda? What kind of name is that😂. Futures market seems well established and regarded

  • @cjeremie
    @cjeremie 2 หลายเดือนก่อน +1

    "More grownup"? wtf? Forex has a greater market cap than any futures market so what a ridiculous statement. I don't trade forex, I trade nasdaq and s&p mini futures. Another outrageous statement, "I thought it would be the death of forex". Buddy, seriously.

  • @aaronthiagarajan
    @aaronthiagarajan 4 หลายเดือนก่อน

    In my country, forex trading is not regulated, with CFD brokers without properly regulated, most of so called forex traders are here for ib program to make money. It's just a scam. Futures is only hope.

  • @otani928
    @otani928 3 หลายเดือนก่อน +4

    my biggest regret in life is not starting in futures market sooner …forex market is completely rigged & manipulated against us retailers

    • @AustinSilverFX
      @AustinSilverFX  3 หลายเดือนก่อน

      Awesome!!!

    • @JePe-on4ff
      @JePe-on4ff 2 หลายเดือนก่อน

      I believe all markets can be rigged and manipulated even in futures as I have traded it

    • @fxamar
      @fxamar 2 หลายเดือนก่อน

      true ma g

  • @Lonwolf.
    @Lonwolf. 3 หลายเดือนก่อน +3

    I disagree that Forex is for children 😂. If you really know how to trade, you can take $20 in Forex to $100 and then $100 to 1000 and then 1000 to 10,000. You can’t do that in futures you need at least $500-$1000 to start out with. At the end of the day if you can trade, you can trade anything in my opinion.
    If you read Mark Douglas trading in the zone and just look at his videos you will learn that it’s not the market that makes a consistent successful traitor, or an inconsistent traitor. The problem is the traitors mindset doesn’t matter if you’re trading Forex, futures or options.

    • @robynharrison6370
      @robynharrison6370 3 หลายเดือนก่อน +1

      *traders
      smh ......

    • @Lonwolf.
      @Lonwolf. 3 หลายเดือนก่อน

      @@robynharrison6370 if the AutoCorrect on traders was the only thing you took out of that…. that’s pathetic. we use to beat those kids up at recess because they got on our nerves. 😂 always correcting people.

  • @flashtone2834
    @flashtone2834 7 หลายเดือนก่อน +1

    I use volume in forex! What a load of bull! Navin from urban forex trades forex and he heavily teaches about volume! He literally owns black tower investments worth 5billion usd!

    • @drsgme69
      @drsgme69 7 หลายเดือนก่อน +2

      Forex is a rip off

    • @FuturesBrizio
      @FuturesBrizio 6 หลายเดือนก่อน +6

      There is no valid volume in spot forex. The only way to get true volume is to trade forex futures or be a big hedge fund that has access to market level data. Retail traders do not have that access.

    • @tunkluv
      @tunkluv 2 หลายเดือนก่อน +2

      @flashone2834 The volume that you're looking at in Forex is from your broker traffic, not the market (exchange) itself.

  • @filthyjay7518
    @filthyjay7518 หลายเดือนก่อน +1

    These dudes are 🤡, your typical old cars salesmen selling you their bs to get rich

  • @flashtone2834
    @flashtone2834 7 หลายเดือนก่อน +1

    Clowns!

  • @Ki11ah_pips
    @Ki11ah_pips 2 หลายเดือนก่อน

    What a stupid title, he thinks he owns the only truth