Good morning, Lark Traders! The market is like Wimbledon this week – lots of swings, high stakes, and everyone’s praying they don’t double-fault.

On today’s menu:

• Why XAUUSD Just Destroyed Traders 🥵

• A New Promo❗️

• Revealing How This Trader Made $4,400 🤑 

• Germany Keeps Selling Their Bitcoin 🇩🇪 

🥵 Why XAUUSD Just Destroyed Traders

Yesterday, gold dropped over 1%, sinking from last week’s high of $2,392 to below $2,352. Ouch. That's like watching your favourite crypto plummet after a tweet from Elon.

A ton of traders at Lark Funding got caught with their hands in the cookie jar, taking long positions that smacked right into their stop losses within minutes.

Why the rush to buy?

Because gold’s been on a record-high spree, and every dip looks like a shiny buying opportunity. But here’s the kicker - that's exactly the trap.

A trap that retail traders fall into time and time again. So, with hindsight being 20/20, what could we have done to dodge this bullet?

Let’s break it down:

CPI IS LOOMING 📊

Wednesday’s CPI report is the big kahuna this week.

If it comes in below forecast, we could see gold and stocks soaring. But the market's playing it cool until then. This gold pullback? It's just the market taking profits ahead of the CPI data.

That’s clue #1 not to jump in headfirst.

THE $2,400 BRICK WALL 🚧

Gold’s been flirting with $2,400 but keeps getting friend-zoned. After three failed attempts to break above this level, the chances of a pullback grow. Think of it as the market saying, "Not today, buddy."

Those constant rejections should have traders anticipating a larger correction, which is exactly what we got yesterday.

ZOOM OUT FOR THE BIGGER PICTURE 🌌

If you were glued to the 5-minute charts and ignored the fundamentals, you would have missed all the warning signs.

The repeated failures at $2,400 and the profit-taking ahead of CPI were flashing red lights. It’s a classic case of why blending technicals with fundamentals is crucial.

Don't just stare at the trees; see the forest.

LESSON LEARNED 📚

Remember, the market’s like a grand chess game. It’s not just about the next move but understanding the bigger strategy.

While your guru with neck tattoos and supercars will tell you the 5-minute chart is all you need to make money, the data suggests otherwise.

To make it in this game, you need a holistic approach. The more tools you have, the better.

TLDR;

• There’s often profit-taking and new positioning before a big news event.

• Repeated failures to make a new high or low are signs of a deeper retracement coming.

• The only way to have avoided losing money from XAUUSD buys yesterday was to look at the big picture.

🚀 A New Promo Is Here!

At Lark Funding, we have:

✅ No Hidden Rules
✅ No News Restrictions
✅ No Secret Rule Changes
✅ No Weird Payout Rules
✅ No Profit Consistency Rule
✅ No Complicated Rules
✅ TradingView Integration
✅ CTrader

And with our new promo, we’re making it even easier for you to become a Lark Trader.

So, if you’ve been on the fence and haven’t taken an Evaluation before, code LARK15 will save you 15%.

🤑 How This Trader Made $4,400

Another day and another Lark Payout—this one for a juicy $4,400. Grab your popcorn because we’re going to give you an inside look into exactly how the trader did this!

Let’s break it down:

• Account Size: $100,000 (2-Step)

• Platform: CTrader

• Active Trading Days: 15

• Days Holding Account: 63

• Win Rate: 69.57%

• Profit Factor: 2.13

• Average RR: 0.93

• Assets Traded: EURUSD, GBPUSD, USDCAD, BTCUSD

• Biggest Win: $4,480 on EURUSD (10 lots held for roughly 9 hours)

• Largest Loss: -$3,060 on GBPUSD (12 lots held for less than 5 hours)

📊 The Stats Breakdown:

• Avg Winning Trade: $1,431.35

• Avg Losing Trade: -$1,532.85

Even though the average losing trade was slightly higher than the average winning trade, this balances out with the traders high win rate of just under 70%.

Remember, there’s an inverse correlation between risk-to-reward ratios and win rates.

Only one can be high. So choose wisely.

🚀 The Strategy:

Diverse Asset Selection & Trade Management:

• EURUSD: His biggest win came from this pair after holding the trade for 9 hours, showing he knows when to ride the euro-dollar wave.

• GBPUSD: His largest loss here, 3%, is more than we would like to see. But the trader proved resilient.

• USDCAD & BTCUSD: Diversifying across different assets likely helped spread the risk and maximize opportunities.

💡 Key Takeaways:

1. High Win Rate: Winning nearly 70% of trades is massively impressive. We can only imagine just how much this helps the trader handle their emotions.

2. Diversification: Rather than mastery, this trader opted to look at multiple pairs. This likely helped find more winning opportunities.

3. Patience Pays Off: Holding on to winning trades can make all the difference. You just need the patience and discipline.

4. Adapt and Overcome: This trader had heavy losses. But they didn’t shake him. Focus on the overall strategy and stay the course.

🚀 The Lark Take:

This trader’s story is a testament to the power of emotional discipline, diversification and the power of a high win rate.

The final takeaway is that this likely didn’t come easy to the trader. It results from what we imagine to be years of hard work and sacrifice. So take this as your sign to keep going.

Trade on, Larkians! And remember, if you want deeper insights and more success stories, join our free Skool community HERE.

☕️ Pre-Market Fuel

1. Germany keeps selling their Bitcoin. Their history of making losing decisions continues…

2. The White House dodged questions about a Parkinson’s doctor repeatedly visiting the president. Will Biden stay in the race?

🍪 Digestible Memes

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