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- ๐งโ๐ Why 99% Of Traders Will Always Fail ๐ญ
๐งโ๐ Why 99% Of Traders Will Always Fail ๐ญ
PLUS: A new giveaway! ๐

GM Lark Traders. This is Lark Digest, where we blend top-notch trading insights with a sprinkle of humour. Today, we're launching a giveaway! Because unlike trying to predict the next market move, this one's a guaranteed win! ๐
On todayโs menu:
Why 99% of Traders Will Always Fail ๐ญ
A New Giveaway! ๐
Whatโs Happening To ICT? ๐ค
Is This Firm Getting Acquired? ๐
๐ญ Why 99% of Traders Will Always Fail
Larkers, we need to talk about something that's been grinding our gears more than a rusty old bike - the so-called "trading gurus" flooding your social media feeds.
You know who we're talking about: the guys with neck tattoos driving rented Lambos, promising you can turn $100 into a million overnight. ๐คข
But letโs be real โ trusting these influencers is a surefire way to join the 99% of traders who always fail.
The Guru Mirage ๐๏ธโจ
First off, why are we so fascinated by these influencer traders? It's like a moth to a flame, except the flame is a rented Lambo and the moth is your trading account.
The reality is, these influencers often make more money selling you a dream than actually trading. If someoneโs primary income is from courses, signal services, or affiliate marketing, you gotta ask yourself: why aren't they living off their trading profits?
The 2024 Reality Check ๐ ๐
If 2024 has taught us anything, it's that the trading and prop firm world is full of smoke and mirrors. We've seen prop firms rise and fall like tech stocks in a bubble.
Influencers promising the world often disappear faster than you can say "margin call" when their predictions go south. Loyalty and transparency are questionable 99% of the time.
And weโre tired of it.
The Real Dangers โ ๏ธ๐ฃ
Listen, 99% of traders listen to these gurus, and 99% of traders fail. The most common pitfalls are:
False Expectations: They paint a picture of trading that's all sunshine and rainbows. In reality, trading is a grind, and losses are part of the journey.
Overleveraging: To replicate their "success," you might take on more risk than you can handle, leading to catastrophic losses.
Dependence: Relying on someone elseโs signals or strategies can stifle your growth as a trader. You become dependent on them instead of developing your own skills.
The Road to Self-Trust ๐ค๏ธ๐
So, how do you avoid falling into this trap? Here are three actionable steps you can take today:
1/ Understand The Lies โ
The first step to fixing a problem is knowing you have one. Understand that social media is full of lies, so stop buying into them.
2/ Develop Your Own Roadmap ๐ฃ๏ธ
Rather than outsourcing the hard work and trusting others, start trusting yourself. Experiment. Try new things. See what works and what doesnโt for you.
3/ Activate Monk Mode ๐งโโ๏ธ
Whatโs the opposite of social media addiction? Monk mode. Getting offline and living a life of discipline. Of focus. Of obsession. Itโs the only way to become a true professional.
Want to pass prop firm challenges?
Act like a professional.
โ Matt L (@MeetMattL)
9:56 PM โข Jul 15, 2024
๐ A New Giveaway!
How can we improve our website? ๐ค
Well, thatโs what weโre asking traders in our latest giveaway! And the top recommendation will win a 2-stage, $5,000 challenge account.
How would you like to see us improve our website at @larkfunding?
The best answer gets a $5,000 2-stage challenge account. ๐
โ Matt L (@MeetMattL)
11:02 AM โข Jul 16, 2024
โ๏ธ Pre-Market Fuel
Funded Engineer is filing for bankruptcy. Hereโs what the CEO had to say.
Whatโs happening to ICT? He recently made a post about his health.
Mt.Gox just moved $6 billion worth of Bitcoin. But Bitcoin doesnโt seem to care and climbed over 6% last night.
Is this firm getting acquired? We may find out today.
๐ช Digestible Memes
Congrats to JD Vance on being chosen as the running mate for Donald Trump ๐บ๐ธ
โ greg (@greg16676935420)
7:45 PM โข Jul 15, 2024
I've seen some stuff bruh
โ Crypto Giggle (@CryptoGiggle)
8:10 PM โข Jul 13, 2024
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