Howdy Larkers! This is Lark Digest and we share the best stories in trading. And boy, do we have a good one for you today.

Mr.Lark

On today’s menu:

• How This Trader Made $329,614 🤑 

• Bitcoin Absolutely Flies 📈 

• A New Giveaway 🎁 

🤑 How This Trader Made $329,614 🤑

We thought Mr.Lark was impressive after earning $50,000 in payouts.

But it turns out we were still in the little leagues.

Yes, the headline is right.

We just met a trader who’s received over $300,000 in payouts, and we convinced him to share some goodies for our Larkers (yes, that’s you).

This was just three of over 20 payout certificates that Steven shared with us.

Yes, Steven is the real deal, folks.

But rather than frothing at the mouth over these payouts, let’s actually share some Steven wisdom and facts with you.

1/ THE FACTS 📕 

Here’s what you first need to know.

• Years Trading = 3

• Companies Funded With = MyFundedFX, Funded Peaks, Funding Traders

• Challenges Taken = “Too many to count” but he estimates about 100 🤯 

• Total Funding = $2.1 million at his peak. $1 million currently.

• Total Payouts = $329,614 🤑 

So how did somebody trading for only 3 years absolutely Hulk smash the prop world?

2/ THE STORY 👀 

Steven is 35 years old and lives in Miami, Florida,

Now, I know what you’re thinking: “Miami? Geez, what another cringe-trading influencer.”

And Steven even agreed that it’s cringe, but that it’s “actually a great place to be.”

And you know what else is great?

Being one of the top-paid traders at The Funded Trader. And we’re going to figure out how Steven did it.

3/ HOW HE DID IT❓️ 

Having only been trading for three years, Steven is a quick learner.

When we asked him how he learned, he said:

“Tradersreality. I owe a lot to Tino for giving me the foundation and knowledge to be able to do what I do.”

Now, I have absolutely no idea who Tino is. But if you’re looking to become a profitable trader, my recommendation would be to hunt him down.

Immediately.

Steven said that for anyone wanting to get into trading:

“You don’t need to buy anything, you can learn mostly everything for free on YouTube with reputable traders like Traders Reality or ICT.”

*DON’T need to buy anything? Okay, it’s true. He’s officially not a Miami influencer*

When it comes to taking challenges, he said:

“I either pass or fail a challenge within a week or less. The way I see it any longer and you are just wasting time.”

Now, apparently, some traders have called Steven a gambler online. His response?

“Contrary to popular belief, I don't risk 4% on a funded account on every trade, or on any trade really, I don't necessarily have a fixed risk amount sometimes its 0.5% sometimes its 2% sometimes its more, it depends on price action and structure really. If I was a gambler I wouldn't be able to replicate what I do so many times in a row.”

Fair point, fair point indeed.

The results speak for themselves, and honestly, anybody earning over $300,000 in payouts is going to generate haters.

4/ MOVING FORWARD 🚀 

Is the industry collapsing? Will firms keep denying payouts?

This is the question that most traders are asking themselves right now.

But rather than playing guessing games, what does one of the most successful prop traders in the world think?

Unsurprisingly, Steven has already prepared by diversifying across many different firms.

“You cant just have 1 funded account you always have to have back ups so I made sure to have at least 2-3 accounts running at a time, at one point I had 10 before all the chaos in the industry started.”

Okay, that’s great. But what about rule changes?

“I don't mind the rule changes, I always follow the rules to the letter as they are written which is why I have never been denied a payout. Whatever the firms have to do to stay sustainable I'm all for it! I may have to adapt but thats what trading is at the end of the day, you always have to adapt to market conditions and prop trading is no different.”

Wise advise. Being adaptable is the name of the game.

Now, if you’re anything like I was when I first got into trading, you’re already asking yourself how you can learn from Steven and get access to his secret sauce.

But actually, he doesn’t teach. Which is another breath of fresh air.

“I get messaged all the time from traders asking for advise or signals or something like that and honestly I don't do any of that because I don't want to be responsible if someone oversizes and blows an account or something like that but also I have a very unique way of trading that may not be suitable for everyone.”

So then, what’s the best way to replicate his insane success?

“To anyone wanting to get into trading my best advise is you don't need to buy anything, you can learn mostly everything for free on YouTube with reputable traders like Traders Reality or ICT. Demo trade until you get the hang of it and once you feel ready honestly buy a prop challenge before risking your own capital.”

We appreciate Steven going the route of full transparency. He deserves way more followers on Twitter, so check out his account HERE.

PS: Here’s his latest certificate. What would you do with the money? 👀 

😏 The Thrill Of The Shill

Folks, we’re only 11 days out from ur 2-year anniversary.

We’re getting old!

But with age comes wisdom and reliability, and that’s what we’ve got.

With the best payout record in the industry, it’s time to stop signing up for firms that are:

• Insanely Cheap ❌ 

• Have Huge Leverage ❌ 

• Have The Easiest Rules ❌ 

These things are a red flag and mean they’re likely not sustainable.

Now, we’re running fewer and fewer promotions.

You might be asking for a 25% discount code. And while that would be lovely, those days are sadly over.

Our service officially speaks for itself, and quality is worth paying for.

But with that said, we still have a 15% promo code running.

But it ends soon.

PS: Just check out these recent Trustpilot reviews.

📈 Bitcoin Absolutely Flies

I recently got married, and in my vows, I told my wife that she was the love of my life.

And this is absolutely true.

But between you and me, I have a little secret to share.

The only thing I love more than my wife are days when Bitcoin absolutely goes nuts.

And boys, yesterday was one of those days.

So, let’s take a look at why this is happening and what it means for traders and HODLers.

*For the dads reading this, including mine (hi Dad!), that means everyone who’s Holding On For Dear Life and never sells.*

Isn’t she beautiful?

1/ WHAT’S GOING ON? 🤔

Here’s everything that’s behind the latest surge:

1/ Institutions are back. Last week, institutions poured hundreds of millions of dollars into Bitcoin ETFs. Morgan Stanley, JP Morgan, Wells Fargo and UBS now own $3.5 billion worth of Bitcoin.

2/ Ethereum is next. Why did it fly 18% yesterday? There are rumours that Ethereum is going to get approved for its very own ETF as soon as this week. This is basically the SEC giving the green light to the entire crypto world ✅

2/ WHAT DOES THIS MEAN FOR TRADERS? 🚀

Okay, so how do we profit from this?

*Obviously, this isn’t financial advice for all the lawyers and keyboard warriors reading this.*

But here’s what I’m thinking. There are two options:

1/ Long Term Holding. Obviously. I personally am not stacking any more Bitcoin at this price. The time to buy was last year. But for those holding, I still think there’s a lot of room to run.

2/ High Bitcoin = High Volatility. Remember, Bitcoin is still seen as a risk asset. And if it flies, many correlated assets will fly as well.

This is important because, as we discussed last week, expectations for rate cuts are increasing.

• Rate cuts = good for stocks 📈 

So, for traders, this rise in Bitcoin further strengthens my bias to be long-risk assets and short-safe havens..

For those newer to fundamental analysis, this is how I would explain it to my 10-year-old cousin:

• I want to be buying: Crypto, Gold, CAD, AUD, NZD

• I want to be selling: USD, JPY, GBP, CHF

That doesn’t mean I can’t do the opposite of that. But it means that my bias, the type of trades I’ll be looking for, is aligned with the above.

And if none of that makes sense, just message Steven. He’s the expert 😉 

☕️ Pre-Market Fuel

We’re giving away 3, $10,000 challenge accounts!

How to enter?

• Respond to the poll below and leave us a comment!

• Let us know how we can improve or what type of content you’d like to see.

• The winner will be selected on Wednesday!

☕️ Pre-Market Fuel

1. Match Trader Versus Surge Trader. There’s been some controversy surrounding Match Trader cutting off their services to Surge Trader.

2. Rocket21 Crashes Then Returns, With Eightcap? This is a wild story, which we’ll discuss tomorrow. But yeah, it looks like Eightcap is now behind them.

3. A great tweet to get your day started.

4. And lastly, because we love golf and justice being served.

🍪 Digestible Memes

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