Today’s edition is brought to you by Lark Funding - Because traders need more capital, and we’re the leader in reliability.

Ready to unlock your potential? Let’s go. 

☕️ GM Munchers! This is Pip Munch, and while the markets may be snoozing, we’ve brewed up some fresh insights to keep your portfolio caffeinated!

On today’s menu:

• Revealing Hidden Prop Firm Stats 🤫 

• How This Trader Made $4,587.09 🤑 

• Whales Are Stacking Bitcoin 🐳 

• Was This Prop Firm Hacked? 😬 

Revealing Hidden Prop Firm Stats 🤫 

There’s this long-standing belief in the trading world that only 10% of traders pass a prop firm challenge.

But here’s a crazy thought: Where did that stat even come from? Is there any real proof behind it?

It’s been repeated so often and for so long that it feels like one of my grandmother’s secret recipes—passed down for generations without question.

And like her cooking, no one dares ask, “Wait, is this actually the right amount of seasoning?”

Maybe it’s time we ask if this stat still holds any truth.

And, like always, we did the digging for you.

We recently pulled the data from Lark Funding, which has been accumulating for over two years, to try and answer the question of who actually passes these challenges.

Here’s what we found:

While the pass rate can vary dramatically from month to month, the average pass rate can be as low as 6% all the way up to 15%.

That’s a big range.

But honestly, that 10% pass rate falls right within the middle.

(Maybe there’s a reason my grandmother hasn’t changed her recipe)

But truth be told, unfortunately, this isn’t great news for traders. ❌ 

If 100 traders take a challenge, you’re telling me only 10 will pass?

So, should I just give up? 😢 

Well, not exactly.

There might actually be some good news.

The Winners Win Big 💸

After a deeper dive, we found that the winners who pass aren’t just walking away with chump change—they’re cashing in big.

On average, traders are pulling payouts equivalent to 4% of their account’s starting balance.

Here’s how the numbers stack up:

• $5,000 Account Avg Payout = $200

• $10,000 Account Avg Payout = $400

• $25,000 Account Avg Payout = $1,000

• $50,000 Account Avg Payout = $2,000

• $100,000 Account Avg Payout = $4,000

• $200,000 Account Avg Payout = $8,000

Not bad, right? 😏

But when you compare that to the cost of the challenge itself, the returns get even juicier.

Payout-To-Challenge Price

• $5,000 Account ($75) To Payout = 266% Return

• $10,000 Account ($125) To Payout = 320% Return

• $25,000 Account ($225) To Payout = 444% Return

• $50,000 Account ($325) To Payout = 615% Return

• $100,000 Account ($525) To Payout = 761% Return

• $200,000 Account To Payout ($1,000) = 800% Return

This proves something that is (hopefully) painfully obvious to you: There is no better opportunity in the trading world right now than prop firms. 🔑 

Bottom line: If you’re thinking of going all-in on something, there’s no better option than prop firms. The traders that do and succeed are the ones making mouth-watering returns. 🤤 

🚨A New Prop Firm Promotion! 🚨

Tired of tiny trading capital? Or dealing with sketchy prop firm drama?

Lark Funding is here to shake things up!

Their latest offer gives you:

✅ 150% Refund on Your 2nd Payout
✅ 15% Off All Challenges
✅ Free Double Leverage

Ready to unlock your potential and trade with more prop capital?

Use code OCT15 and join the prop firm that’s the Leader In Reliability.

Promo expires October 31st—don’t miss out! ⏰ 

How This Trader Made $4,587.09 🤑 

To keep the prop firm vibes rolling, just take a look at this recent payout:

Let’s take an inside look at Trader Simon’s stats to better learn what he did:

• Account Traded = 3-Step $100,000

• Active Trading Days = 7

• Days Holding The Account = 27

• Trades Placed = 26

• Markets Traded = GBPJPY, XAUUSD, EURUSD, GBPUSD

• Avg Losing Trade = -$823.00

• Avg Winning Trade = $435.22

• Avg RR = 0.53

• Win Rate = 84.62%

• Margin Utilization = 65%

Great Trader, Or Just Lucky? 😬 

Let’s dive into two major takeaways from Trader Simon’s performance.

1/ His 84.62% Win Rate 😍 

This is a stellar number by any standard. But here's the kicker — his risk-reward ratio is only 0.53.

That means he's risking more than he's earning on each trade, which is like betting on a three-legged horse and hoping it wins the Kentucky Derby.

Essentially, he needs to keep his win rate sky-high to stay profitable because a few losing streaks could eat into his gains quickly.

2/ Large Losses 💣️ 

Trader Simon’s average losing trade is nearly double his average winning trade.

While this worked for him this time, it means he’s 100% reliant on maintaining his high win rate.

Otherwise, this strategy might not be sustainable.

Let us know what you thought of today’s email! 👇️ 

☕️ Pre-Market Fuel

1. Was Funding Pips hacked? Probably not, but this is genius marketing.

2. Whales are stacking Bitcoin. They haven’t bought this much since October 2014.

3. Italy is raising the capital gain tax on Bitcoin. There’s a reason I always thought Italian food was overrated…

🍪 Munchy Memes

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