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☕️ GM Munchers! Markets are heating up, Trump’s team is talking tariffs, and I’m just over here trying to figure out how to tariff-proof my grocery bill.

On today’s menu:

• Traders Are Making This Mistake Every Day 🤦‍♂️

• Your Complete Guide To Tariffs 🧵 

• Canada Owns ZERO Gold 🤯🇨🇦

• Potential Prop Firm Red Flag? ❌ 

Why Most Traders Will Lose in 2025 😬

Here’s a number that always blows my mind 👇️ 

25% of traders fail their prop firm challenges because they hit the daily loss limit.

You read that right.

One in four traders nukes their account in a single day.

And here’s the kicker: they’re not just losing 5%. They’re losing 5% in a single day.

That’s like waking up, eating an entire box of donuts, and wondering why your New Year’s fitness resolution isn’t working.

But why is this happening?

Part of it is on the traders. But let’s be honest—it’s also on the “trading influencers.”

You know the ones. 🙄

They’re rolling around in rented Lambos, wearing Rolexes, and posing on yachts (which we’re 99% sure they don’t own).

They make trading look like the easiest thing in the world.

They’re like, “Oh, I just turned $500 into $50,000 while drinking a mojito. You should too!”

But spoiler alert: most of their income doesn’t come from trading. It comes from selling courses. And their real skill isn’t trading—it’s marketing.

And that’s why so many traders fail.

These influencers create an illusion.

They make you feel like if you’re not flipping your account every week, you’re doing something wrong.

So you start risking too much, chasing gains that aren’t realistic.

Before you know it, bam! You’re in the 25% club, staring at your blown account and wondering what just happened.

I know this because… well, I’ve been there.

I used to think I was only seven full-margin trades away from turning $1,000 into $1 million.

Turns out, I was actually seven trades away from becoming the proud owner of a $0 account.

Here’s the truth no one tells you:

Trading is a skill, not a lottery ticket.

Are you going to perform brain surgery your first month in med school?

Nope (well, we sure hope not at least).

So why expect to be a trading wizard in your first year?

If you want to succeed, stop chasing the Lambo dream and focus on the basics:

1️⃣ Protect your capital.
2️⃣ Risk 1% or less per day.
3️⃣ Play the long game.

Because real trading success isn’t about flipping accounts.

It’s about consistency. It’s about being the tortoise, not the hare.

So, what’s the takeaway?

Don’t let the fake gurus fool you.

They might have the rented cars, the fancy watches, and the flashy Instagram stories, but you’ve got something better: a chance to do this the right way.

And if you stick with it, you’ll be driving the Lambo someday, too. (Just make sure it’s paid for.)

Now, excuse me while I go nurse the emotional scars of my first blown account. 😅

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MARKET OUTLOOK

What Traders Need To Know About Tariffs 🇺🇲

Alright, Munchers, buckle up because tariffs are back in the headlines—and just like your least favourite ex, they might be about to stir up some drama.

Let’s break it down.

What’s Happening?

Bloomberg reports that Trump’s incoming economic team is considering a more gradual approach to tariff hikes—think a “scalpel” instead of a “broadsword.”

Instead of slapping hefty one-time increases, they’re talking about smaller monthly hikes of 2-5%.

The idea is to avoid fueling inflation while still putting pressure on international trade partners.

Markets seem to like this approach—stock futures are up, the dollar is down, and people are cautiously optimistic.

But let’s not forget, this is Trump we’re talking about.

He could tweet something by the time you finish this article and flip the whole script.

Why Should Traders Care? 📊

Tariffs may sound boring, but they can move markets faster than Jerome Powell deciding what tie to wear to his next press conference.

Here’s why they matter:

1. Dollar Dynamics
   Tariffs can weaken the dollar, making U.S. goods cheaper globally. That’s good news for exporters, but not so much for the “safe haven” crowd. If you’re trading Forex, keep an eye on the DXY (Dollar Index).

2. Inflation Implications
   Higher tariffs = higher costs for imported goods = inflation risk. But a gradual tariff increase? That’s like turning up the heat slowly instead of tossing your portfolio into the frying pan.

3. Sector Shakeups
   Certain sectors—like tech and agriculture—are more sensitive to tariffs. So if you’re trading in these areas, you’ll want to be on high alert. Chip stocks like Nvidia and Tesla are already up on this news, but remember, the tariff tide can change quickly.

What Does This Mean for You? 🤔 

Traders, here’s what you need to watch:

1. Market Sentiment
   When tariffs hit the headlines, sentiment shifts faster than Bitcoin on a Sunday night. If the market perceives the strategy as “calculated,” you’ll see rallies. If it feels chaotic, brace yourself for volatility.

2. Bond Yields
   Tariffs impact inflation expectations, which influence bond yields. Rising yields can put pressure on risk assets like tech stocks and even crypto.

3. CPI and PPI Reports
   With inflation data dropping this week, the timing of this tariff talk couldn’t be more crucial. These reports could either reinforce optimism or completely tank it.

So there you have it.

Tariffs might not sound exciting, but they can hit your portfolio harder than your morning coffee hits your stomach.

Stay nimble, stay informed, and let’s crush 2025.

(And maybe keep one eye on Trump’s Twitter… just in case.)

🚀 Pre-Market Fuel

1. Canada has been holding ZERO gold reserves for the last decade. This is crazy and something nobody talks about.

2. Prop firms 101: Is there an issue with giving profits from the challenge phase? Something to keep in mind…

🍪 Munchy Memes

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