FuturesTrader71

A pioneer of Volume Profile education, Morad Askar has traded futures in Chicago since 2002, run his own prop desk, streamed 2,750 pre-market Trader Bites and founded a regulated futures broker.

Veteran futures traderVolume Profile pioneerCo-founder, Convergent TradingFounder, EdgeClear

Compiled by MarketFramework editorial · Last reviewed Oct 8, 2026

Still from FuturesTrader71’s YouTube channel: “TraderBite Mar 4 # 2750 | THE RESILIENT LABOR & HORMUZ HEDGING: Trading the 63k ADP Beat”▶ Latest video · Mar 4, 2026
Still from FuturesTrader71's YouTube channel: “TraderBite Mar 4 # 2750 | THE RESILIENT LABOR & HORMUZ HEDGING: Trading the 63k ADP Beat”

Editorial profile. FuturesTrader71 is not affiliated with, sponsored by, or endorsed by MarketFramework or MyFundedFutures, and this profile is not endorsed by FT71. MarketFramework is operated by MyFundedFutures, a futures prop firm. Compiled from public sources; performance figures are as stated by the creator and are not independently verified. Corrections & removal requests.

FuturesTrader71 is Morad Askar, a Chicago professional futures trader active since 2000 who moved from NASDAQ scalping to the Chicago Board of Trade in 2002 and ran his own prop firm from 2003 to 2010. Widely credited as a pioneer of Volume Profile education, he co-founded Convergent Trading in 2017, founded the regulated futures broker EdgeClear, and has streamed 2,750 episodes of his daily pre-market "Trader Bite."

Trades

ES · NQ · CL

plus gold, notes, Bund, DAX

Style

Volume Profile

market auction · order flow

Trading since

2000

CBOT futures from 2002

Based

Chicago, IL

X

60.4K

followers · Sep 2026

Trader Bites

2,750

daily pre-market episodes

As seen onBookmap2024Trading Technologies2020Futures Radio Show2021Trading Nut2017Futures.io / NexusFi2012TradersEXPO Las Vegas2017MoneyShow

LIVE FROM MYFUNDEDFUTURES

Where prop traders are positioned in ES right now

FT71's market, read from thousands of live MyFundedFutures evaluation and funded accounts.

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Open Positioning Edge for the full chart, history and time & sales. Not trade advice.

BEST KNOWN FOR

Trader Bite, and the Volume Profile generation

Long before "order flow" was a YouTube genre, FT71 was teaching retail traders to read the market as an auction. His 2012 Volume Profile webinars for Futures.io are still the reference many professionals cite. Then there is "Trader Bite", the brief, live, daily pre-market plan he first ran for his own prop traders in 2003 and took public in 2012. It reached its 2,657th episode in April 2024 and its 2,750th in March 2026. Around it he built Convergent Trading, a trader-development community with an Accelerator programme, and EdgeClear, the CFTC-regulated, NFA-registered futures broker he founded and runs as chief executive. Feedspot ranks the channel fifteenth among futures YouTubers for 2026, though the peers who credit him as a pioneer are the better measure.

Volume ProfileMarket auction readingOrder flow & Bookmap“Trade Right” frameworkR-Factor & the Netto NumberStalkZone levels

IN FT71'S WORDS

“Your job is to align with the market. It is not to be a mind-reader, a forecaster of economies, an analyst.”

X, September 2020 (the "holy grail" thread)

“NONE of this matters if we aren’t here tomorrow because we blew up today or ran out of money. So it is a cliché, but it is the truth: RISK COMES FIRST.”

X, September 2020

“I’m not as good as my last trade. I’m as good as MY BEST EXECUTION of my edge. Period.”

X, September 2020

FuturesTrader71's latest video

“TraderBite Mar 4 # 2750 | THE RESILIENT LABOR & HORMUZ HEDGING: Trading the 63k ADP Beat” · published Mar 4, 2026 · 2.9K views · figure as stated by the creator

Who is FuturesTrader71?

Morad Askar, known as FuturesTrader71 since he adopted the alias on a trading forum in 2005, is one of the few retail-facing educators who was a professional before the internet made the word fashionable. A civil engineer by training, he left construction project management around 2000 to scalp NASDAQ stocks at high volume. Then he heard about seats at the Chicago Board of Trade, drove up from Boca Raton over a weekend and, as he tells it, was knocking on doors by Monday morning. He has traded futures from Chicago ever since, holds the Eurex Licensed Trader designation and is a CME Group member.

From 2003 to 2010 he ran his own proprietary trading firm, hiring and training futures traders (29 of them passed through his group, by his count) in the era before high-frequency trading changed the scalper’s game. He adapted: from hundreds of round turns a day to what he calls "waiting for the market to come to me, like at a train station," reading the auction through Volume Profile and order flow. In 2009 he joined Twitter "to give back to the community." A decade and a half of daily posts later, he has 60,000 followers and one of the most quoted threads in futures trading, the 2020 "holy grail" thread whose refrain is "risk comes first."

The teaching followed. His 2012 Volume Profile webinars for Futures.io introduced the method to a generation of retail traders. The same year Trader Bite went public: a short, live, pre-market read of the session ahead, delivered on trading days for more than a decade. The series reached episode 2,657 in April 2024, returned in June 2025, and passed 2,750 in March 2026. A 15-year collaboration with Linn Software produced the Flexlevels, Homework RTX and StalkZone tools that carry his levels into Investor/RT. Bookmap, Trading Technologies and Sierra Chart users know him through webinars and interviews.

In 2017 he co-founded Convergent Trading with James Kessick, a community built around "Trade Right": the habits of risk, sizing and emotional control he watched decide who survived on his desk. It runs a daily squawk, levels and a Discord, and since 2023 a five-week Accelerator Programme. Then he built the plumbing: EdgeClear, a Chicago introducing broker regulated by the CFTC and registered with the NFA, which he founded and runs as chief executive. In 2026 it added single-stock futures and the new E-nano equity index contracts.

What his peers keep coming back to is temperament. Bookmap titled its long interview with him "A Tale of a Calm Mastermind". His own line is that a trader is not as good as his last trade but "as good as my best execution of my edge." For the many futures traders who learned Volume Profile from a 2012 recording, FT71 is the original, still trading, still teaching, still in Chicago.

How FT71 trades

Read the auction before you trade it

FT71’s method treats the market as an auction and Volume Profile as its record: where volume clustered, where it thinned, where value was accepted and where it was rejected. From that map he identifies the levels that matter (StalkZones, in his tooling) and waits for price to come to them rather than chasing it. Order flow, read on the ladder and on Bookmap’s heatmap, is confirmation at the level, not a signal in itself.

His preferred markets are the E-mini S&P 500, the E-mini Nasdaq-100 and WTI crude, with experience across gold, Treasury notes, the DAX, Euro Stoxx, the Bund and currency futures. He has recommended micro index contracts to beginners since 2012, long before they were fashionable. His morning routine, the "Opening Swing" prep and the Trader Bite plan, sets the day’s context before the open.

Trade Right: risk first, execution over outcome

The Convergent framework he calls Trade Right is about the trader more than the trade. It rests on position sizing scaled to a defined risk unit, an R-Factor that measures performance per unit of risk, and journaling that separates good execution from good luck. He championed the related "Netto Number" at TradersEXPO in 2017. "NONE of this matters if we aren’t here tomorrow," runs the thread. "Risk comes first."

He has also argued for years that trading in isolation is the hardest way to do it, which is the reason the community exists. As with every trader profiled here, the approach is described from his own material and is not a recommendation; futures trading involves substantial risk of loss.

See how the wider prop-trading field is positioned in ES while you study a method like this: MarketFramework's Positioning Edge shows live long/short splits across ES, NQ, MES and MNQ from real evaluation and funded accounts, and Prop Backtest scores strategies against prop-firm rules.

FuturesTrader71's career timeline

2000

Leaves construction project management to trade NASDAQ stocks as a high-volume scalper (self-reported). source

2002

Moves to futures at the Chicago Board of Trade. source

2003

Founds his own Chicago futures prop firm, which he runs and staffs until 2010. source

2009

Joins Twitter as FuturesTrader71 "to give back to the community"; begins a long collaboration with Linn Software. source

2012

Delivers the Futures.io Volume Profile webinars still cited today; takes Trader Bite public. source

2017

Co-founds Convergent Trading with James Kessick; speaks at TradersEXPO Las Vegas on performance per unit of risk. source

2020

Founds EdgeClear, a CFTC-regulated, NFA-registered futures introducing broker in Chicago; presents in the Bookmap Pro Trader webinar series. source

2024

Trader Bite reaches episode 2,657 in April; Bookmap publishes "A Tale of a Calm Mastermind." source

2026

Trader Bite passes episode 2,750 (March); EdgeClear launches its Catalyst client portal (June), single-stock futures (July), E-nano equity index futures (August) and an upgraded Insights trade journal with MFE/MAE tracking and a P&L calendar (September). source

FuturesTrader71's videos

Prop firms FT71 works with

No prop-firm partnerships announced.

He does not promote evaluation firms. His ventures are Convergent Trading, the trader-development community he co-founded, and EdgeClear, the CFTC-regulated futures broker he founded and leads.

We list a firm relationship only with dated public evidence from the last 30 days, re-checked each editorial pass.

FUTURESTRADER71: FREQUENTLY ASKED

What does FuturesTrader71 trade?

E-mini S&P 500, E-mini Nasdaq-100 and WTI crude oil futures, intraday, read through Volume Profile and the market auction with order-flow confirmation. He has also traded gold, Treasury notes, the DAX, Euro Stoxx, the Bund and currency futures, and recommends micro index contracts for newer traders.

Who is FuturesTrader71?

Morad Askar, a Chicago professional futures trader since the early 2000s. He moved from NASDAQ scalping to the Chicago Board of Trade in 2002, ran his own prop firm from 2003 to 2010, co-founded Convergent Trading in 2017 and founded the regulated futures broker EdgeClear, where he is chief executive.

What is Trader Bite?

His live, brief, daily pre-market plan for the futures session, begun for his own prop traders in 2003, streamed publicly since 2012, and past 2,750 episodes by March 2026.

What is FuturesTrader71’s net worth?

He has not disclosed his net worth, and MarketFramework does not estimate net worth for the traders it profiles.

Which prop firm does FuturesTrader71 use?

None. He ran his own proprietary trading firm from 2003 to 2010, and today his businesses are Convergent Trading, an education community, and EdgeClear, a regulated futures brokerage.

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