GM Lark Traders. This is Lark Digest, and we cut through the trading noise like a sharp knife on a watermelon - Quick, clean and oh-so refreshing.

On today’s menu:

• Who’s the all-time best Lark Trader? 🥇 

• IOS trading is back! 🚀

• Firms are denying payouts… ❌ 

🤑 Another $10,000 Payout!

There’s been a lot of famous people named Joe.

• Joe Biden 😴 

• Joel Osteen ⛪️ 

• Joe Rogan 🥊 

But it’s time to add somebody else to that list.

Somebody who in the Lark Community is the head honcho.

The most successful Lark Trader of all time.

Enter Joe Lark (we can’t reveal his last name, so we’ll just pretend).

Joe just received his fourth payout from us, and this time, it was no small boy stuff.

How big are we talking?

$10,260.

So, let’s break down some of Joe Lark’s stats.

• Average win = $760.46

• Average loss = $2420.93

• Risk-Reward-Ratio = 0.31

• Win rate = 80%

• Active trading days = 14

• Trades placed = 80

• Markets traded = BTCUSD, NAS100

What’s The Lesson?

These are some pretty interesting stats.

To be honest, I haven’t seen such a low-risk-reward ratio in a long time.

But numbers and money don’t lie, and the verdict is out: This works.

But there’s a deeper lesson here. A lesson that took me years to learn and massively transformed my trading.

There’s an inverse correlation between your win rate and your risk-to-reward.

Let me explain.

• If your average loss is $100 and your average win is $1,000, you’ll win very, very, VERY few trades.

• Conversely, let’s say your average loss is $1,000, and your average win is $100; you will win a TON of trades.

Why is this?

• A lower risk-to-reward means you get to hold your winners and losers for roughly the same amount of time.

• A high risk-to-reward means that, compared to your losses, you need to hold your winners for much longer.

Because the market is volatile, the longer you hold your trades, the more time there is for the market to turn against you.

And that means a lower win rate.

So here’s the takeaway.

As a trader, you need to decide the following:

• Do you want a low win rate but have your wins be much larger than your losses?

• Or do you want a high win rate but have your winners be roughly the same size as your losses?

Mr.Joe Lark would be in the latter category, and it can’t be mentioned enough how much easier this is for your psychology.

Having huge wins is great.

But do you have the mental toughness to keep going after five, six, seven, or eight losses in a row?

I know after I have a couple of losses in a row, I’m already calling my old boss at The Gap to ask if they need help folding pants…

✅ IOS Trading Is Back!

No, this is not a drill.

It’s now been over a month since traders had to migrate to DXTrade (although it feels like a lifetime), but things have slowly been improving.

We launched the DXTrade > TradingView integration two weeks ago.

And then the Andriod app.

And now, once again, Steve Jobs would be proud of us (take that, haters).

Hop over to the App Store and go enjoy some sweet mobile trading!

👀 Firms Are Denying Payouts

Anybody who signs up for a challenge does so in the hopes of earning a payout.

But what happens if you follow the rules, work hard and are then denied that payout?

Well, that’s exactly what a lot of traders have been experiencing lately with:

1. The Funded Trader “temporarily” ceasing operations.

2. Skilled Funded Traders doing the same.

3. Lots of other payout denial claims on social media.

With trust in payouts being the backbone and lifeline of this industry, let’s look at why this is happening.

And why, in 678 days, we haven’t denied a single payout.

🍪 Digestible Memes

😏 Active Goodies

These end in just 6 days!

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