Today’s edition is brought to you by Lark Funding, the only CDBO Certified Prop Firm.

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🚀 GM Munchers! Markets are moving so fast, I might start wearing a neck brace while trading. Call it risk management.

On today’s menu:

• 📉 The Dollar Is Crashing—Here’s What It Means for Traders

• 🤑 How Much Do Prop Firms Make?

• 📆 The White House Crypto Summit Is Friday. What To Expect.

• 🇧🇾 Belarus Is Going To Mine For Bitcoin?

• 😬 France & Germany Tell Europeans to Prepare For War

MARKET OVERVIEW

📉 The Dollar Is Crashing—Here’s What It Means for Traders

The U.S. dollar is slipping faster than my motivation to go to the gym after New Year’s. And it’s got traders asking one big question:

What’s next?

Between weak jobs data, tariff chaos, and whispers of rate cuts, the dollar is getting hit from all sides. But whether this is a temporary stumble or the beginning of something much bigger is what traders need to figure out.

Let’s break it down.

📉 The Dollar Got Smoked—Here’s Why

The U.S. Dollar Index (DXY) took a hit overnight, falling over 1% as markets processed the mess unfolding in the economy.

1️⃣ The ADP Payroll Report Missed… BADLY

Private employers added just 77,000 jobs in February.
Expected? 148,000.
Previous? 186,000.

That’s the worst report since July.

And the losses weren’t just in any sector—trade, transportation, and utilities saw a 33,000 job decline. 

That's a sign that businesses are pulling back on hiring, likely due to tariff concerns and slowing consumer spending.

👀 What it means: The economy could be slowing faster than expected, which makes rate cuts more likely. And markets are already pricing that in.

📉 The Stock Market: Bad News Is Good News?

Despite the weak job numbers, stocks rallied.

Wait, what?

Yeah, you’d think news of fewer jobs and a slowing economy would be bad for stocks, but noooope. The market has two words on its mind:

RATE. CUTS.

The logic? If the economy is cooling, the Fed might be forced to cut rates sooner. And nothing makes stocks happier than free money.

📈 The S&P 500 gained 1.12%, with the Nasdaq jumping 1.46%. Even the Dow was up 485 points.

Meanwhile, Best Buy’s stock is down almost 16% in the last 5 days after warning that tariffs will raise consumer prices as early as next week if a deal isn’t made.

👉 Translation: The market is pricing in easier money for stocks but pain for consumers.

🔮 What Happens Next?

The dollar is at a crossroads. Either:

1. ✅ Rate cuts get fully priced in, the dollar weakens further, and risk assets (stocks, crypto, gold) go wild.

2. ❌ Or inflation stays sticky, the Fed holds firm, and the dollar bounces back hard.

With a potential tariff deal on the table today, the next headline could flip the market on its head.

🎯 For traders, this is the time to watch the dollar like a hawk.

Just remember, the market isn’t moving because of some random trendline on your charts.

This is the stuff that can make or break you, so stay sharp and get an eye on the headlines.

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PROP FIRMS

🤑 How Much Do Prop Firms Make?

If you’ve ever wondered just how much money prop firm owners make, buckle up—because The Funded Trader’s latest tweet just gave us a rare peek behind the curtain.

And let’s just say, it’s not chump change.

According to CEO Angelo Ciaramello, he personally took home $1.9M before TFT’s spectacular implosion in 2024.

But he wasn’t even the top earner—one of his partners walked away with $2.77M, and another raked in $1.3M.

But here’s where things get even wilder…

💰 The Prop Firm Gold Rush

Despite TFT’s collapse, the firm had paid out $150 million to traders. That’s real money that changed lives.

And while The Funded Trader’s tax returns showed razor-thin margins, the reality is that FTMO, My Forex Funds, and other major players have likely paid out even more.

This industry is booming—for both traders and firms.

• Traders get the opportunity to trade with serious capital and make life-changing money.

• Prop firms get a lucrative business model that (if managed correctly) can generate millions in revenue.

🚨 What’s the Big Lesson Here?

TFT’s story is both a warning and an opportunity.

✅ The Opportunity: Prop firms aren’t going anywhere. With the right risk management and payout structures, the industry is still an absolute goldmine. If FTMO’s numbers were ever released, they’d probably break the internet.

⚠️ The Warning: Growth without sustainability leads to TFT-style blowups. And when that happens, both traders and owners lose.

One thing is clear though: The days of trying to flip your small $500 trading account are long gone.

🚀 Pre-Market Fuel

1. The White House Crypto Summit is on Friday and everybody is expecting a major announcement. Here’s the 7-minute interview of what Michael Saylor, the largest Bitcoin owner in the world, is expecting.

2. Belarus is bullish on Bitcoin? The country is looking to use surplus energy to start mining Bitcoin.

3. Yikes. The president of France and head of Germany addressed Europeans and told them to prepare for war with Russia.

4. No capital gains on crypto in the US? There’s a rumour that Trump will announce this on Friday for assets held for over a year.

5. Is In-N-Out Burger going to start accepting Bitcoin as payment?

🍪 Munchy Memes

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