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  • 🧑🚀 How Living Like A Monk Transformed My Trading 🧘

🧑🚀 How Living Like A Monk Transformed My Trading 🧘

WARNING: It was so intense, I don't recommend it to everyone.

GM Munchers! Get ready to munch on some market insights—because today's newsletter is packed with more trading wisdom than your grandpa's old stock tips.

On today’s menu:

  • Why You Should Trade Like A Monk 🧘 

  • How This Trader Earned $3,150.00 🤑

  • Zuckerberg Goes Full Transparency Mode 👀 

Why You Should Trade Like A Monk 🧘 

In 2018, I had been trying to make money from trading for almost 2 years, and the only thing I had accomplished was blowing more accounts than fingers on my hands.

I was out of school.

I was working a minimum-wage job.

And I desperately wanted to be a trader.

But time was running out.

I had rejected my acceptance to university, and if I didn’t make things work, well, let’s just say working a minimum wage job isn’t the best thing to put on your Tinder profile.

And on top of that, I had already spent over $10,000 on different Forex courses, and none were clicking.

So, I made a crazy decision.

At 18 years old, I booked a plane ticket and flew 3,000 miles to the mountains of San Diego.

Why?

To live with some Buddhist monks. 🧘

My goal was to figure out how I was going to make things work. Both inside and outside of trading.

And it was one of the most transformative experiences of my life. I mean, it would have been hard not to be. These monks were pretty intense!

At the monastery, we:

  • Had no access to our phones, TV, news, internet, etc 📱 

  • Had to wake up at 5 am 😴 

  • Meditated for countless every day 🧘 

  • Ate in silence 🍽️ 

So, why am I telling you this? 🤔

Because in between my back aching, having withdrawals from not having my phone and missing home, I learned the core of the monk’s philosophy.

They only focus on what’s within their control.

And that single lesson shifted my entire approach to trading.

No longer did I try to:

  • Make X amount of money per week  

  • Try to take X amount of trades per day  

  • Focus on the result of the next trade  

All of these things that I had been trying to control, I had zero control over.

It was like trying to steer a car from the back seat. It’s not going to work very well!

So, when I returned home three weeks later, I began shifting my entire focus to only the things I had control over.

It made a massive difference, and that single framework allowed me to become a full-time trader two years later (take that Tinder girls who rejected me).

This was the first of multiple payouts that I earned.

If taking the monk mode approach to trading resonates with you, check out this video here.

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How This Trader Earned $3,150.00 🤑

If that payout certificate got your trading juices flowing, we’ve barely scratched the surface.

At Pip Munch, we’re all about cancelling the fake Lambo gurus and focusing on the data because the data doesn’t lie!

Check out this recent payout at Lark Funding:

Is it just me, or are you also foaming at the mouth? 😍 

Here are some interesting stats:

  • Trading days = 45

  • Account size = $100,000

  • Win rate = 76% 🤯 

  • Average RRR = 0.33

  • Trades taken = 707

The Takeaway? 👇️

There are a few interesting things to break down here.

1/ Incredible win rate Winning 76% of all trades is pro-level. That’s incredibly tough but is very helpful to keep your emotions in check.

2/ Trades taken = insane 🤯 707 trades in 45 days means that this trader singlehandedly is keeping the coffee industry alive. I couldn’t take that many trades if my life depended on it.

3/ Risk-Reward = Not surprising 🙅 The inverse correlation between a trader’s win rate and their risk-to-reward was one of the biggest levers I pulled in my trading. As a trader, we get to decide which one we want to be higher. But they can’t both be high. It’s just math.

When I started trading, I desperately wanted to know the stats and metrics of successful traders, so the goal of Pip Munch is to deliver those goods.

Please let us know if you liked this email or want us to bring more heat next time! 🥵 

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☕️ Pre-Market Fuel

  1. Zuckerberg reveals all. Yet another “conspiracy theory” comes true as Zuckerberg releases a groundbreaking letter.

  2. Canada Vs China. Canada hits China with tariffs on electric vehicles.

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