Howdy, Lark Traders. This is Lark Digest, the trading newsletter that supercharges your Monday and prepares you for the new trading week.

On today’s menu:

• 3 hidden stats that will help you get funded 🚀 

• The Funded Trader deals with negative PR 😬 

• Your guide to the new week 📜 

• Announcing last week’s giveaway winners 🎁

LET’S REVEAL OUR SECRETS 🤫

Prop firms operate in secrecy.

But not as much as they did just a couple of years ago.

And we’d like to change that.

Back when I was trying to get funded in 2021, I literally would have paid FTMO to get an insight into their numbers.

• Who’s passing?

• What’s the average payout size?

• What do the most successful traders trade?

• On average, how many challenges does it take to pass?

Rather than relying on your Lambo Guru, we prefer to rely on numbers. On data. The hard numbers can’t lie to you and edit a Telegram signal after your stop loss has already been hit.

So here are three insider stats that I think will get your trader juices flowing:

1/ What Causes Breaches?

It turns out it’s incredibly easy to be better than average.

If you think most traders are taking these challenges with patience and discipline, you’d be wrong. But that should be reassuring.

If only 10% of traders get funded, you want it to be as easy as possible to enter that 10%.

Take a look at what percentage of traders are failing from hitting the daily loss limit:

• 1-Step Evaluation = 34%

• 2-Step Evaluation = 42%

• 3-Step Evaluation = There’s no daily loss limit

That’s crazy, right? The daily loss limit is 5% which should never get hit.

2/ Time To Payout.

We all like getting paid.

So, if you want to get paid as quickly as possible, what program would be best for you?

Here’s what the numbers show for how long it takes to receive a payout, on average, after signing up:

• 1-Step Evaluation = 92 days

• 2-Step Evaluation = 51 days

• 3-Step Evaluation = 32 days

There’s a reason our 3-Step program is so popular.

3/ Where Are The Most Profitable Traders?

Some of these surprised us! Currently, the top 5 most profitable countries are:

1. Canada 🇨🇦 

2. Singapore (very close to first place) 🇸🇬 

3. UK 🇬🇧 

4. US 🇺🇲 

5. Norway 🇳🇴 

I have to say I’m pretty impressed with Canada's first-place finish. Must be all that politeness finally paying off.

If you want to see even more insider numbers, check out this in-depth video where we breakdown tons of numbers.

IS THE FUNDED TRADER IN TROUBLE? 😬

The Funded Trader (TFF) is one of the biggest funding firms in the world.

With over $150 million in payouts (according to them) in just 3 years, they’re the real deal.

But there’s been a lot of talk on social media from traders saying they’re waiting on their payouts.

Prop Firm Match even suspended TFF due to the high volume of complaints.

And this tweet even went viral over the weekend when TFT’s well-known CEO, Angelo, was seen throwing money at a club.

Yeah… It’s not a great look when their Discord is swimming with people waiting for their payouts.

But as always, everything on social media isn’t as it may seem.

TFT is huge, and as the company pointed out last night in a statement, just denying 2% of payouts (for whatever reason) can create a ton of noise online.

Here’s the Lark Takeaway:

• Payout denials suck. That’s why in 649 days of operating, we’ve never denied one. But when there’s a clear breach of rules, it happens.

• TFT is huge. Clearing up payout delays isn’t as easy as processing 2-3 payouts. They’ve got hundreds (I imagine) to get through.

• Tons of promos. Launching a new promo every few days doesn’t necessarily help with the vibe.

• Competition is great. So we hope this gets resolved soon for both TFT and their traders.

YOUR WEEKLY GUIDE 🚀

At Lark, we like to make money. No, we’re not financial advisers, but we believe that in order to make money from trading, you need to know what’s going on in the real world.

No, just focusing on the 1-minute chart isn’t enough (sorry 1-minute warriors).

And things in the market are starting to heat up. This is what we’re keeping an eye on this week so you should too (assuming you trust us).

1/ Unemployment Rising & USD Falling 📉 

Last Friday, we saw the unemployment rate tick higher.

This is bad news for me because it means I’ll keep hearing from my 18-year-old cousin about how AI is taking over the world. But it’s also bad for the US Dollar.

Remember, if the economy starts to weaken, that means rate cuts are just around the corner, and that weakens the USD.

2/ Metals Are Crushing It

Both Gold and Silver were up around 5% last week, with Gold making a record high.

I’m more of a Bitcoin guy (sorry, Boomers), which also made a historic high last week, but for commodity traders, this increased volatility could offer some good-looking opportunities.

3/ Big Events This Week?

On Tuesday, we have US CPI, which is expected to come in at 3.7% YoY.

This, in our eyes, is really the only big event of the week, so if something is going to move the market, look elsewhere than scheduled data releases.

GIVEAWAY WINNERS 🎁 

Last Friday, we announced a giveaway of two $50,000 3-Stage Evaluations.

Well, here are the winners!

Please email us with proof that you own this account, and we’ll send you your prize!

DIGESTIBLE MEMES 🍪

ACTIVE GOODIES? 😏

Click HERE to signup today.