GM Lark Traders. This is Lark Digest, the trading newsletter that combines juicy content with juicy giveaways (scroll all the way through).

On the agenda:

• Why do companies keep banning US traders? ❌ 

• Revealing the stats on an $8,000+ payout 🤑 

• Bitcoin hits a new all-time high 📈 

• A special giveaway? 🎁 

WHY ARE COMPANIES BANNING US TRADERS? 🇺🇲

Are US traders doomed?

If you’ve been living under a rock, perhaps you haven’t heard that pretty much every trading firm is banning US clients from making new purchases.

In fact, we recently had to make a similar announcement at Lark Funding as well.

Here’s the breakdown.

For US clients:

• New purchases from US clients are restricted until February 27th, when we launch DXTrade.

• Current US clients can continue trading their Evaluations until 4 pm EST, February 26th. All trades must be closed by then.

• They will then be migrated to DXTrade on February 27th.

For Non-US Clients:

• Clients outside the United States can continue to purchase new Evaluations.

• All traders with an Eightcap account must close all positions by 4 pm EST on February 26th. They will be migrated to DXTrade on February 27th.

We’ll be posting a more detailed announcement in our Discord later today. You can join HERE.

So what’s going on here? Why are we, along with so many other firms, restricting new purchases from US clients?

1/ So much uncertainty. Honestly, we can’t (and don’t) ever speak for other firms. So, the real reason isn’t exactly known.

2/ Why Lark? It looks like Platform 4 and Platform 5 will no longer be available to US clients. So at Lark, we decided to take the proactive approach, take a temporary pause on new US purchases, and once we launch DXTrade, get back to business as usual.

3/ It’s not the end, though. Yes, it seems like there’s Hollywood-level drama in the industry every day. But this is nothing new for a young industry. With DXTrade, cTrader and additional brokers coming to Lark soon, the future looks bright.

A MASSIVE PAYOUT 🤑 

Enough stress. Let’s get back to making money.

I mean, trading can be so difficult that we often forget why we’re doing it in the first place.

Sure, marking up charts is fun.

Following the news and understanding the market is also a good time.

But at the end of the day, we’re here to make money.

And one Lark Trader just did exactly that.

Over $7,000 is a ton of money. But the question is, how did Mahmoud do this?

Well, let’s take a look at some stats.

• Active Trading Days = 9

• Win Rate = 29%

• Average Risk-Reward = 3.37

• Total Trades = 68

• Average Winning Trade = $1,856.90

Here’s the major takeaway for us:

The correlation between your win rate and your risk-to-reward is so underappreciated.

Here’s the reality:

The more trades you win, the lower your risk-to-reward is going to be.

But if you win fewer trades, each win needs to be larger (a higher RR).

And understanding which one you’re optimizing for can make a massive difference.

BITCOIN IS BREAKING HEARTS 💔

That’s actually a lie.

The only hearts Bitcoin is breaking are those who haven’t been stacking as religiously as we have.

I mean, I’ve been saying since August after I read The Bitcoin Standard that I’m all-in.

And right now, things are looking good for the greatest money ever invented.

And I mean, really good.

Just take a look at this insane chart that Balaji (you’ve got to be following this guy) posted yesterday.

That’s right, Bitcoin has hit a new all-time high in fourteen countries.

This is not a drill! 🤯 

And we’re not talking about small-boy stuff here. These countries represent over 1 billion people and over $7 trillion in GDP.

So what’s going on?

1/ Inflation is out of control. In Argentina alone, inflation recently hit over 200%. It’s a disaster. In fact, it’s been over 30 years since people have had to spend this much of their income on food.

2/ More rate hikes? Interest rates increased the fastest ever in history to try and calm inflation. But clearly, people are still struggling. And there’s even rumours and rumblings that the Fed might need to hike again (the money printer isn’t going brrrrrrr, yet)

3/ Bitcoin is the answer. To bring it back to Bitcoin, this inflation drama is why it’s roaring. With only 21 million coins created, people are starting to realize it’s an alternative to their governments printing money and destroying their purchasing power.

We’re all for it, and we think this is only the beginning.

But we’re not financial advisors. We just play one on email, so don’t listen to anything we say.

TIME FOR A GIVEAWAY? 🎁

So, with all of the scary vibes and uncertainty, at Lark, we’re here to turn things around.

Lark Digest is the exciting newsletter. The trading newsletter that’s so good, you wait for it to arrive so you can drink your morning coffee.

And what better way to deliver on that promise than with a giveaway?

Here it goes:

Prize: 5 × $10,000 3-Stage Evaluation Accounts

To enter, all you need to do is rate today’s edition and leave a comment on what kind of content you’d like to see.

What would you like to learn about the trading world? Or the prop firm world?

We’re here to help you get smarter about trading, and we want to know what will get you pumped to open up this email.

We’ll announce the winners in Monday’s email.

DIGESTIBLE MEMES 🍪 

ACTIVE GOODIES? 😏