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🚀 How To Trade Boring Markets

PLUS: This trader failed 31 challenges in a row? 😬

GM Lark Traders. This is Lark Digest, the trading newsletter that’s way more exciting than the markets have been lately.

Today’s menu:

  • How do you trade boring markets? 😴 

  • Did this trader really fail 31 challenges? 🤨

  • Could the Apple Vision Pro transform trading? 🤭 

WHY DOES THE MARKET SUCK? 😢

Honestly, the markets have been putting us to tears over the last few weeks.

Sure, we had some big news events last week, but it feels like every asset is just stuck.

Stocks are at all-time highs.

Bitcoin doesn’t know if it wants to go above $44,000 or under $42,000.

Gold is stuck in a huge range.

And most FX pairs are in the same boat.

So, with all the downtime this has given us, we thought we’d dive in, do the boring work for you and figure out what’s going on.

Here’s the 45-second lowdown:

1/ Rates, rates, rates. The market is primarily focused on just one thing, and that’s interest rates. Are central banks around the world going to cut them? And if so, when? Well, it all depends on inflation.

2/ Political uncertainty. If you’ve been living under a rock, you might not know that there’s a ton going on in the world. With the US Presidential Election coming up, a war in Ukraine, and another one in the Middle East, things are hot. And the market needs more answers before it can decide how to price things.

PS: How do we feel about Tucker Carlson interviewing Vladimir Putin?

So, how do we deal with this?

1/ Sit on your hands. I know, I know, this isn’t what you want to hear. But waiting for things to break out is typically the safest path to take.

2/ Lower timeframes. We’ve seen a good number of traders get out of the funk by dropping timeframes. But only if it doesn’t change their strategy.

3/ Forget trading. Okay, not altogether. But it’s great to focus on other projects in quiet times like this. Start that side hustle. Challenge yourself. Don’t just stare at your computer hoping for things to move.

THIS TRADER FAILED 31 CHALLENGES 🙃

I recently came across this tweet that went viral, and it blew my mind:

First off, I’m not throwing any shade at this trader. I’m very grateful that they had the courage to share this because they’re not alone.

But this needs to be talked about.

Challenge accounts have become so attractive. The thought of making money with them has become irresistible.

But it’s led to traders skipping and avoiding the work that is actually required to learn how to trade.

If people truly followed this tweet, I have no doubt that our pass rate would increase.

The only reason I passed 4 $100,000 challenges in 2021 is because I only signed up once I was profitable.

If you’ve been looking for a sign to take a step back and take a deep breath, this is it.

Don’t rush the process. If you keep failing, don’t keep purchasing accounts until you’ve done the hard work.

WILL THIS TRANSFORM TRADING?

Yesterday, I procrastinated by watching Casey Neistat’s video on the Apple Vision Pro.

This thing is insane!

But it got me thinking: how will it transform trading?

Instead of having multiple monitors, will traders just strap on a Vision Pro in the morning to trade the NY session?

Well, here’s one look at how it might change things:

Yeah, it’s absolutely insane.

But as cool as it is, it’s not yet $4,000 cool.

At least for me.

DIGESTIBLE MEMES 🍪 

ACTIVE GOODIES? 😏

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