Today’s edition is brought to you by Lark Funding - If you don’t receive your payout within 24 hours of requesting it, they’ll pay you an extra $500. Use code NOV20 for 20% off all their challenges.

Ready to become a Funded Trader? Let’s go. 🚀  

🎯 GM Munchers! This is Pip Munch, the only newsletter where diagnosing your trading mistakes is less painful than diagnosing WebMD symptoms.

On today’s menu:

• Diagnosing Why You’re Failing Challenges 🕵️‍♂️

• Bitcoin Smashes $89,000 – The Bull Run Just Got Real 🐂💸

• This Influencer Just Made $50,000 On ONE Trade 🤑 

DIAGNOSING WHY YOU’RE FAILING CHALLENGES 🕵️‍♂️

So, you’ve signed up for a prop firm challenge, armed with dreams of funding, Lambos, and a trading desk that would make Gordon Gekko blush.

But here you are, challenge after challenge… still not funded.

It’s brutal. But here’s a little something to consider: maybe it’s not just your strategy. Maybe it’s your mindset.

Let’s dive in and do a little trader therapy to figure out why you’re really not hitting the mark.

THE FOUR TRADER TYPES: WHERE DO YOU FIT? 🧠

Most traders fall into four stages in their journey to get funded (and just about everyone has passed through all of them at some point):

Stage 1 - The Strategy Chaser (a.k.a. "This Indicator Will Change My Life")

You know this stage. It’s when you’re constantly tweaking and tinkering, thinking the “perfect” strategy is just one indicator away.

Like the gym bro who buys every new supplement and workout program but doesn’t lift a single weight, you’re stuck chasing the Holy Grail.

(Here’s the hint: it doesn’t exist.)

Stage 2 - The Revenge Trader (a.k.a. "I’ll Show the Market Who’s Boss")

We’ve all been there. The trade goes south, and instead of walking away, you double down.

Suddenly, your well-thought-out strategy is out the window, and you’re acting like a cowboy in a John Wayne movie—guns blazing, shooting at anything that moves.

And, let’s be real, that never ends well.

Stage 3 - The Stubborn Hopeful (a.k.a. "It’s Not Me, It’s The Market")

This is the phase where you’ve almost got it. You’ve got a strategy that works… on paper.

But when it doesn’t work in real life, you’re convinced it’s just bad luck. You’re sticking to your guns, even if they’re loaded with blanks.

At some point, you have to admit that maybe, just maybe, it’s not the market—it’s you.

Stage 4 - The Unbreakable (a.k.a. "Mind of Steel")

This is where the magic happens. You’ve got a strategy and the mental discipline to stick with it. You’re zen, you’re focused, and no red candle can shake you.

This is the phase that gets you funded. It’s the stage where you’ve found the sweet spot between strategy and mindset.

IS IT REALLY YOUR STRATEGY OR YOUR MINDSET? 🤔

Here’s a diagnostic guide to figure it out:

1/ Are You Switching Strategies Every Week?

If you’re constantly strategy-hopping, hoping the next one will be “the one,” you’re probably stuck in Stage 1. You’re chasing the shiny object without giving your approach enough time to prove itself.

TL;DR: Commit to one strategy and give it room to work.

2/ Can You Handle Losing?

If every losing trade sends you into revenge mode, you’re in Stage 2 territory. The real pros take losses like a boss and don’t let it shake their confidence.

TL;DR: Losses are part of the game. Embrace them and stay cool.

3/ Do You Have a Trading Plan?

Be honest—are you winging it? A solid trading plan isn’t just about entry and exit points; it’s a complete playbook. If you’re improvising every trade, that’s a mindset problem.

TL;DR: Get a plan and stick to it like glue.

4/ Are You Playing the Long Game?

If you’re trying to go all-in on every trade and swing for the fences, you’re gambling, not trading. Funded traders play the long game. They’re here for the marathon, not the 100m dash.

TL;DR: Slow and steady wins the race.

FINAL DIAGNOSIS: STRATEGY TWEAK OR MINDSET REBOOT? 🧘‍♂️

If you’re seeing yourself in Stages 1-3, you’ve probably got some mindset work to do. But if you’re in Stage 4 and still not getting results, then it might actually be time for a strategy overhaul.

ACTION PLAN: THE ROAD TO FUNDED LAND 🚀

Here’s how you get from here to funded:

1. Pick a strategy and stick with it.

2. Commit to a rock-solid trading plan.

3. Stay level-headed and avoid revenge trades.

4. Play the long game.

And there you have it. The magic formula to stop failing prop firm challenges, and start getting funded.

The market isn’t out to get you; it’s just you vs. you. So keep your head in the game, embrace the challenge, and don’t forget—you can always level up that mindset.

Now go get funded.

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Bitcoin Smashes $89,000 – The Bull Run Just Got Real 🐂💸

Bitcoin just hit $89,000. 🤯 

Yup, you read that right. $89K. And if you thought the fireworks stopped at $82K over the weekend, think again. We’re in uncharted territory, folks, and the gains just keep on rolling.

So, what’s behind this historic pump? Let’s break it down.

Trump, Volatility, and Big Gains 💥

Ever since Trump waltzed back into the White House, it’s like crypto’s been on a caffeine IV drip. He’s not just a pro-crypto president—he’s sparking what some are calling the start of a global accumulation race.

Don’t believe it? Check out what Anthony Pompliano said:

Add in the Fed’s rate cuts, and we’ve got a cocktail that’s just begging to make Bitcoin pop off. This isn’t just any bull run; it’s the start of a whole new era for BTC.

Why the Prop Firm Crowd Loves This 🚀

This kind of volatility is a prop trader’s dream come true. 😍 

When BTC jumps $7,000 in less than a day, you know there are some serious pips to be had.

We’ve already seen funded traders at Lark make bank just by holding BTC and riding the wave. It’s not everyday you see numbers like this in a single trade:

Hold BTC, make cash. It’s practically an ATM right now.

Thinking of taking a prop firm challenge? This is the time. Big moves mean big opportunities, and with the right risk management, the potential to pass a challenge has never looked better.

The Altcoin Gold Rush 🌈

When Bitcoin starts mooning like this, altcoins usually aren’t far behind. While BTC is the main course, altcoins like ETH, SOL, and others are lining up as the side dishes.

Everyone knows that when Bitcoin pumps, the altcoin party isn’t far behind. We’re seeing investors stack up on alts to try and catch a piece of the action. Think of it like this—Bitcoin is the tide, and the alts are the boats rising with it.

And here’s why it matters: When BTC goes up, it drags the whole market with it. And that means altcoins are primed for some serious action.

Where’s the Mainstream Media? 🧐

What’s interesting is that while Bitcoin is hitting record highs, there’s not nearly as much chatter as we’ve seen in the past. Remember the 2017 mania? Your barber, your grandma, and even your dog were talking about Bitcoin back then.

This time? Radio silence.

And honestly, maybe that’s a good thing. It feels like we’re only at the start of something huge. Less FOMO hype, more serious accumulation. The smart money knows what’s up, and they’re stacking up while the headlines are sleeping.

What’s Next?

BTC at $89,000 feels surreal, but this market is showing no signs of slowing down. With Trump in office, rate cuts coming down the pipe, and Wall Street getting in late, the only question left is—how high can it go?

If you’re trading, keep your eyes on the USD. With everyone piling into crypto, the dollar’s looking shaky. For those watching for the next big move, we’re eyeing altcoins and even risk-on currencies like CAD, AUD, and NZD.

So buckle up, Munchers. It’s going to be a wild ride. And as always, this isn’t financial advice… but it is a lot of fun.

☕️ Pre-Market Fuel

1. This trading influencer made over $50,000 on a single trade. 🤯 We’re huge fans of Seb at the FXCartel, but this is crazy!

2. Get funded in 90 days or don’t pay. There’s only 5 spots left in our Prop Firm Masterclass.

🍪 Munchy Memes

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