NexusFi: Find Your Edge

Home Menu



  • Real name: Morad Askar, also known as FuturesTrader71 (FT71)
  • Trading since 2000
  • Owned and operated a proprietary trading firm
  • Member of CME Group
  • Licensed Professional Trader on Eurex
  • Managing Director of Convergent Trading - A unique online virtual prop firm
  • 100% owner of Edge Clear LLC, an Introducing Broker for futures traders


Morad Askar began as a high frequency NASDAQ equities day trader in 2000. He moved to Chicago to a prop firm to be a high volume futures scalper at the CBOT. He is a member of CME Group and a licensed Eurex Trader, and started his own prop firm in 2003.

In 2009, Morad began to explore the online trading environment and popularized the concept of Volume Profiling as a way of tracking the market auction and trading based on the market narrative. He has gained a large social media following on Twitter and a large subscriber base on YouTube. He does a daily live broadcast at 9 AM ET called the Trader Bite on YouTube which lays out his perspective on what is likely to take place. He is well known online as FuturesTrader71 (FT71).

Morad launched Convergent Trading in 2018 to focus his experience running a prop firm to bring the tools, structure and focus to those how are serious about being career professional traders. He also started Edge Clear as a brokerage in 2020; an independent futures brokerage with an award-winning team.

Family time and global travel are Moradís favorite ways of spending time.
In 2001, FuturesTrader71 (FT71) left a successful career in engineering to pursue trading full time. After trading individual equities for a couple of years, he transitioned to trading futures in 2003. Eventually, FuturesTrader71 would start and run his own proprietary trading firm. Along with being owner, operator, and trader, he also developed and implemented the training program for the traders at his firm.

By the end of 2004, FuturesTrader71 also started getting more involved with the retail trading community via public trading forums. After seeing the obstacles faced by retail traders, he began using Twitter to actively interact with traders and started a blog in 2009. He posted his first webinar in October of the same year. He currently has over 60 webinars posted on his site. His increased involvement with retail traders led to creating a 4-part webinar series designed to address many of the same topics contained in his proprietary training process.
[top]Trading Methodology
FuturesTrader71 started his trading career scalping individual equities. At the time, he traded via the DOM and relied on order flow. After experimenting with most of the traditional technical analysis tools, he began integrating Market Profile into his trading methodology as he migrated from scalping to short-term intraday trades. Leveraging some of the core concepts from Market Profile, he shifted his focus to Volume Profile.
[top]Edge Clear brokerage
Morad Askar started Edge Clear brokerage in April 2020. The main discussion thread for Edge Clear is located below:
[top] (formerly BMT) Webinars
[top]FuturesTrader71 on Trade Management Techniques
[top]FuturesTrader71 (FT71) Q&A, Volume Profile, Auction Theory
[top]Putting all the pieces together
[top]FuturesTrader71 (FT71) on Volume Profile: Trading the Hard Right Edge
[top]FuturesTrader71 on Risk, Scaling, and Trading Probabilities
[top]FuturesTrader71 on Volume Profile

Contributors:  Big Mike ,  FuturesTrader71 ,  omni72 

© 2023 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top