My OCD is telling me to fix your grammar mistakes. So here goes, I'll just put on my handy-dandy 'Grammar Nazi' cap, and go to work.
The contraction "You're" is a short abbreviation for you are, so putting "You're favorite song" totally sounds like a first grader wrote it. Basically you just said "You are favorite song."
This seems terribly rude of me to do that, but it's really bugging me. (If you don't know what OCD is, google it.)
Anyways, my favorite song at the moment is Victim by Avenged Sevenfold, just to stay on topic.