I've done it....only because currencies move to slow. The money is in indices and futures.. I never did prop firms. I have my own money to trade. I solely left trading forex is because to me trading currencies is just to slow and the money comes in slower. When I switch to indices I hit the jackpot.
Traded stocks, forex and now made the switch to futures. Barely trading only 2 years but I think I finally found the niche I want to be in. Never really found that drive in stocks or forex how I’ve found in futures. I love it. Wish I would have started in futures but we are here!!
Hate this prop firm trend. Reminds me of the signals trend. It’s a lot of people telling you how to make money but they make money not off of what they preach but off of you
Most youtubers push using candles to see their programs. Most profitable traders doesn't even use candle.... they ride a strong trend to profit. Candles just a way to sell their 1000.00 programs. I never used candles and im profitable. This is how I know 95% of youtube videos are bullSh1t
@@theblockcat-ain1572 im just gettin started and i feel like your making a lot of sense, where could u share a bit of your strategy and how u stay profitable with it ? if your cool with that of course.
I’ve recently moved from trading stocks to futures specifically NQ, there’s a lot of good reasons. Futures are taxed in the U.S. as long term capital gains and not short term. No PDT rule in futures. Now I only trade one Ticker instead of running through a stock scanner to find my trade. Finding a decent broker with good commissions and a nice platform was hurdle through.
The implied volatility of Forex market is in the lows, prior to the FED and ECB moves with the rates. Then...the market will catch fire again. Personally i trade both, S&P, Nikkei and forex.
Definitely Tori, we Ultimately just gravitate towards what is more reliable & safer to trade. For me, the only reason I would transition into Futures is because of their reliability and because you made them popular, that's for me.
While some think traders are leaving one instrument for another , she’s saying leaving the ocean for the land . Futures is NOT an instrument , It’s a field .. forex is an ocean…No lines or referee’s just a lot of liquidity and sunken accounts.
Forex “gurus” are coming to futures so they can make their actual money from promoting prop firms since all the forex once’s are getting shut down most people don’t have money to trade with so they promote the prop firms and courses..
Forex Brokers that use the MT4/MT5 platform are no longer opening trade accounts for US residents. US residents are rapidly being blacklisted with those brokers.... .
Because NasDaq is easy to trade it has been bullish since it's inception. Also, people who follow ICTs every word have moved to futures just because ICT has and isn't trading FX anymore for fear that FX will cease to exist one day, which is total nonsense imo.
No! The ONLY reason a lot of ppl are switching to futures is because of the metatrader 4 and 5 kicking off the main brokers for forex. It t has nothing to do with YOU. Everybody is so amazed by what you do that they are saying scrap forex?? Ummm No😂
Nowadays a newbie is blessed with all futures contracts in micro to learn real time real money etc. 20 years ago micros did not exist. so we had to get to learning the hard way. Also, all these funded programs did not exist either. Just my 2 cents
In New Zealand, not many platforms catered for futures ,now some brokers are starting to make it more accessible ,this may also be a reason (in my part of the world anyway)
Thn why were you marketing for a Forex prop firm? Why’d you partner with them thn act like it never happened once the went down and word got out that they are shady? 🤨
futures require more capital and alteast 2k if you are going to hold positions. mininum trading size in lots would be around 0.13 for the forex pairs in futures and 0.1 for indices and commodities.
The manipulation in Forex is crazy from the big banks to shady brokers with wild spreads they just enlarge when there's high volume blah blah blah futures is better regulated and has more consistent price action and social media trends lol
Only in US and because you guys have shitty scammy brokers … I’m futures trader in Europe and here nobody cares about futures here , people doesn’t know even that exists … here people trade forex and crypto and the main brokers are solid .
I agree. Forex wise I think is just because of US traders can’t get into prop firms. But if you use your own live account and are successful in forex. Why move over? Most I see is the need to get a funded account basically
US 🇺🇸 Futures Tax Benefit : Profits are taxed at (2) levels. = 60% capital gains bracket = 40% regular state tax bracket. FYI - Most traders don’t qualify. -some states have varying rates. -some states don’t have any state income tax -some traders can create an LLC and qualify. -Check the current “Capital Gains Tax Rates” • May 1 2024 Rates - If income is more than $47k-$518k you’re paying ONLY 15% rate. -if income is $518k++ you’re 20%. - Trader must first sign up and qualify for Trader Status with IRS forms. - or open a LLC and register trading as your primary business
Tori, in case you didn't noticed, all major FX pairs trade in Futures as well as the Spot Forex market, so if you switch to Futures you don't really need to give up on Forex
She’s a futures trader. She means what she said. You didn’t listen closer or deeper. She said foundation. She said regulation. And much more. You’re thinking instrument. She’s thinking bigger.
For you a mentor is not a RU-vidr , A real mentor have to show you his statements, his balance and his real account. Otherwise he or she is a RU-vidr making money from Adsense. Then a real mentor who is expert in trading, Always trade live with his real account. I just say " trade live ". So! Watch out your steps .