Happy Friday! Visit skl.sh/theplainbagel 3 to try Skillshare premium for two months free!

Basically: The promise to buy something in the future with a certain price determined right now.

I’m drunk. He sounds smart. Gonna short gold tomorrow right?

This dude deserves so much more attention on KZfaq. I've been subbed for along time. And his videos always bring value. And it's free!

I think a deeper dive into the math behind the finance would be very interesting.

Futures are something I wasted. Am sad now.

Incredible, thanks for the video. Been a sub for some time and I really appreciate your videos. It's really difficult to find a good quality video with an explanation coming form someone that knows his stuff. Thanks dude.

I rarely comment on videos, but this guy has explained it very well that I will make an exception here. You deserve more recognition and subscribers.

After reading multiple articles and getting lost in the jargon, thanks for having this make sense in as simple and concise a way as possible.

Always love seeing a plain bagel video pop up in my feed.

9:05 "Hit the bell icon if you want notifications about future videos" ... lol

Helpful, thanks. Don't think I've seen anyone tackle futures on KZfaq :)

Another great explanation video from my favourite business channel

Interesting topic and thanks for sharing this!👍

all of your videos are fantastic, appreciate it!!

Very detailed and specific, yet easy to follow even for a beginner like me. Love your videos!

Even after 2 years I still came back to try & learn about these topics. Thank you!

Thanks for the video, highly informative. Keep up the great work

Great presentation, as always, Richard! :)

Thanks man, got an exam on the topic tomorrow you Saved me an hour

Your videos are amazing, you know how to teach with just enough detail but not making it simplistic.

Thank you sir! This video just cleared all of my doubts and questions out on the basis risk.

This was extremely helpful and highly accessible! Thank you so much!

Thank yiu for this simple explanation!!! Never understood this until just now

Can you cover Mini Futures, Turbo Warrants, Tracker and Leverage Certificates

keep up the good work nd keep making these informative videos....appreciate it mate :)

Finally a high quality explanation, thank you

Impresive! I am preparing for the CFA Level 3 exam and this video just helped me put a lot of stuff into perspective.

Thanks for making this video. I work doing oil hedging using futures on a daily basis so it's cool to see you guys cover what I do.

Thank you for the detailed explanation

Very well explained👍🏻

Thank you for the information 😃, very useful for the foundation information for Futures. 💎⭐️

you're the first youtuber who i will turn on the notification bell for

Love your channel :)

Richard, thank you for your hard work and educational content that you provide. This channel is the only "Plain Bagel" I've come across so far and your narration style as well as information is invaluable. Your channel can be easily compared to TheFutur (business of design), Like Stories of Old (philosophy), or PiXimperfect (photoshop) by the depth of your content. Should you care about the overhyped useless channels like Tai Lopez's one, please, focus on what you do best and you'll beat them easily. Like you said, investors can't wait for 10 years to ripe the fruits and quit holding their assets for 4 years only. Keep it up!

now i finally know how the one guy in squid game got reallly broke really fast

Thank you so much for your content. I really learn a lot here.

Love this. Short and easy to follow. When explained this way it expands your knowledge further more easily. 🙏 I am an OAP woman getting to grips with this 😂

Thanks for the video! I have the following question, could you give me an example for a deal on the commodity market in the future and one for the spot market?

Thanks for sharing good info on future. Can you do a video on oil futures & how to read oil futures chart?

Thank you!

Congrats on teaming up with Ted-ed on their latest video, love your stuff :D

Great video. Would you also explain what is macroprudential policy tools in your future videos. Thanks.

I was really here when this channel started. I'm soo happy to see this lol

Very good!

you sir should definitely open a channel with deep explanations of these concepts :0

First time I listened to a vid on futures felt like I was watching a bit of Greek mixed with English. Wanted to cry. Let's see now. Just watched, hallelujah! I now understand futures! Thank you!!!!!!!!!!!!

FANTASTIC EXPLANATION

Great explanation thanks:)

Thank you

THNAKS ALOT

Bagel many thanks. Two requests can you cover 1) how to trade Futures perhaps using a live/demo trade and 2) cover LEAPS how to trade those also, are they accessible to retail traders and if so on comparable terms to professional traders etc... Thanks Mr Bagel!

THANK YOU

Thanks for this

This video is so good. THANK YOU!

How does it work when the contract expires? There are several options , right? Rollover to the next or actually take the commodity if you are long? Do you mind explaining please?

So is it basically like short stocks?Or the opposite?

Really good and clearly explained

i never watch so many videos from a single channel. thank you mate!! now i am studying finance and your videos helps me a LOT!

nice video! Could you do a video explaining how certain types of risks, like an executive involved in a scandal or a company doing something stupid, can affect a stock's price? I know you went over it in 'Understanding Investment Uncertainty', but it was brief. I want to know why certain things (that aren't so obvious) drives the stock price up or down. Thanks!

Great video!

You can have a spot price for a given point in the future, which is what implied volatility dictates at a given period in time, correct? Does it work for commodities and bonds the exact same?

Reading books about Futures and having a headache already coz I can't understand. Now you explained it in just 10 minutes. Amazing! Thank you!

Nice shirt bro!

so one of function is we can hedge our speculative asset such as crypto to the futures contract that has negative correlation within crypto so we hedged against the risk of the crypto. is it the case?

5:10 What's the difference between a cash-settled future and a contract for difference?

Can you please explain why higer gdp per capita doesn't mean higher salaries and what influences salaries in different countries?

This guy is the best !

what’s the difference between futures and options ?

If there a large negative interest rates it will turn these upside down as cost to hold will be a benefit?

Love how the Baker, farmer and video guy are all the same person

Hey plain bagel, Love your videos! What are some of your favorite books that helped you learn this knowledge?

Is the derivative value differential over time differential?

I like how this lad coordinated his glasses, shirt, and pants.

Great video as usual. I am wondering in the future long position what if instead of selling at the market price I hold onto the share. Would it not be a wise idea when the market price for the share has fallen and selling it immediately nets me a loss?

i thought the price say on a crude oil Depth of Market Chart was the actual price of oil at that time? Is it just the price on the contract then?

I just happened to be drinking orange juice while watching this.

So is it like the same thing as spot trading. Can I just place a trade directly off of MT4/5, tradingview, ninjatrader ECT. after doing my fundamental and technical analysis.

Good video. But you should have gone into more detail about the daily mark-to-market.

Do a video on the complicated stuff, with formulas. "Could fill a video on its own" so ...make it plz?

Excellent. I have an inside tip that owing to a poor harvest the frozen concentrated orange market is going to fly.

This Guy knows what he's talking about! Good sheet 😎

Tkx for these ultraclear explanations:). I often hear the words short and long on financial channels. Do these words necessarily refer to futures, or do they sometimes apply to corporate shares?

Because of you I am learning and loving finances so much! I will probably study finances instead of computer science in university!

is CFD the same as futures?

Do you need to know the finer details on a futures contract before you bid on it?

that was very informative thank you f

best youtuber ever

Love it so much my favorite woo🎉🎉🎉🎉🎉🎉🎉

thank you. very well explained. that baker is making very plain bagels

This is legit my new favorite channel. I'm a 25 year old man for fucks sake. I'm far too late learning this stuff.

Here's something I don't understand about futures that I hope somebody can answer me. When stocks are bought and sold, every share that is bought comes out of the account of the seller and goes to the account of the buyer. But in the futures market, for every contract that is bought there must be a corresponding seller, and both long and short positions must be held either until the contract expires, or until both sides net out their positions. This means that in every big market move (where due to leverage "big" could be only 1% on the underlying) there is of necessity the fact that half the contracts in the market are losers. And these losses can be spread out a bit by the losers netting their transactions during the move, but this only shifts part of the losses to somebody else. Who is willingly taking these positions? In some markets like commodities there are producers and consumers of the underlying which imply some natural supply and demand, but in something like index futures why does it seem there is an inexhaustible supply of traders willing to take a loss? Are there really a lot of people constantly hedging their portfolios? Are new futures traders starting out as fast as existing unlucky ones are getting washed out of the market? Are there market makers who can somehow effectively arbitrage between the spot market and the futures market so as to effectively provide liquidity to either side of the transaction without delta risk even when it would seem that a simple buyer or seller would be losing money? Is there some other explanation?

I have a hundred questions after this

"YESTERDAY'S PRICE! IS NOT TODAY'S PRICE!" LMAO

Should've done a Ron Burgundy when you had the tickers on screen. "I need MORE GRAPHICS!!!"

The fact that futures deal with prices in the future that nobody is 100 percent sure because of a lot of elements driving a price of an asset is in itself a risk already, adding a component of being able to lever a future position makes one party be tempted to borrow that money so he or she can magnify the gain he or she is hoping to get and when things don't happen to wat hey expect, it also magnifies their losses on their equity or margin. If you put your fate on Future + Leverage you are pretty much risking it all

Can you do a video on hedging?

I actually got into investing backwards. I started out by shorting naked futures options! 😋😎

Hard luck! for someone who made a future on oil, this year

Is there any correlation between the average Future price of a commodity on a certain date and the actual price of the commodity on that date? What's the average error rate of this future price guessing? How do the efficient / non-efficient market hypnosis interact with this average error rate? Just wondering how successful the mass wisdom of guessing the market is?