Good Morning. The world's oldest bank, Banca Monte dei Paschi di Siena, has been in continuous operation since 1472! That's over 550 years of banking history. Established in Siena, Italy, this bank has survived plagues, wars, and economic crises, adapting through centuries to remain active today.

-Jordon Mellor, Jonathan Kibbler, Patrick Lewis

QUESTION

95% of traders fail. Is that the trader’s fault, or the industry’s design?

Reply to this email with your answer

MARKETS

How’s your favorite today?

In the past 24 hours, global markets were mixed but mostly positive. The Dow and S&P 500 nudged higher, driven by tech and energy, while the Nasdaq dipped just a little. Europe ticked up, and Asia saw a solid lift with Japan’s Nikkei leading the way. Volatility crept up, but investors stayed alert as headlines and policy news kept things interesting.

TRADER INSIGHTS

I Lost 10 Trades In A Row...What Now?

Lost 10 trades straight. The coffee is still flowing. My hair held up, but just barely. Before, I would have been sunk, staring at the charts in a daze. That kind of hit would have wiped out my confidence and shut down my trading plan for a week. Now, it barely feels like a blip. Ten losses add up to around one percent of my trading account. The secret is in risk control and ruthless cutting of trades that begin to stall out.

I cut trades if they stall or if the trend shifts. There is no logic in waiting for a trade to fall apart. I use a stop about one and a half times the average true range. That gives some space for the trade to move. If momentum dies, I step aside before my stop even gets touched. Eight trades out of ten hit stop loss recently. That is normal in a choppy market. Remove emotion. Limit each loss, and move on without a scene.

Most losses never draw down the full risk amount. My capital stays intact and my energy remains for the next setup. Risk management helps me trade another day. That is the path forward. -JK

SPONSOR

Gold hitting record highs

The price of gold keeps heating up. If the record-breaking year of 2024 wasn't enough, gold hit a major historic 2025 milestone by crossing the $3,000/ounce threshold!

Here are 3 Key Reasons:

1. Looming economic & political uncertainty

2. Increasing central bank demand

3. Rising National Debt - over $36 Trillion

So, could gold surge even higher?

According to a recent statement from Jeffrey Gundlach, famed American business man and investor… “Gold continues its bull market that we’ve been talking about for a couple of years, ever since it was down to $1,800.” He expects gold to reach $4,000/oz.

Is it time you learn more about precious metals?

Get all the answers in your free 2025 Gold & Silver Kit. Plus, if you request your free kit today, you could qualify for up to 10% Instant Match in Bonus Silver*.

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NEWS

The Ticker Tape

⛏️ Trump finally bagged his minerals deal with Ukraine, preferential access to resources for the U.S., cash for Ukraine’s recovery, and a shiny new investment fund. Zelensky’s in, but don’t expect security guarantees just yet. Think of it as “help us help you” with a side of geopolitical drama. -CNBC

🌎 Kamala Harris roasted Trump’s America, then randomly told folks to Google that viral elephant zoo video. Elephants huddled up in a quake, her metaphor for sticking together. Classic Harris: dark warnings, surprise animal facts, and a pep talk to progressives. -SkyNews

💾 Nvidia boss Jensen Huang just dropped the mic, “China’s not lagging in AI, and Huawei’s no slouch either”. Despite chip battles and US trade drama, he’s bullish on onshore manufacturing. -CNBC

CRYTPO

BlackRock to Tokenize $150b Treasury Fund

BlackRock just dropped a bomb on Wall Street: they’re planning to tokenize shares of their $150 billion Treasury Fund. Yeah, the same BlackRock that’s parked in every asset class like it owns the place. Now they want government debt on blockchain. Your grandpa’s bonds, but with a high-tech twist.

BNY Mellon (yes, the banker from Hamilton times) will run the digital ledger. But don’t get too excited; you need a cool $3 million to get in. Still, this isn’t just about rich folks flexing. BlackRock sees a future where trades settle in minutes, not days, and paperwork finally dies.

They’re not alone. JPMorgan’s building blockchains. Franklin Templeton is running on-chain funds. Even old-school banks are jumping in. Real-world assets on blockchain have shot up to $19 billion. If you thought crypto was just for weirdos, guess what: the suits are here, and they want in.

For now, the average investor is stuck watching from the sidelines. But when BlackRock starts moving, everyone else follows. Love it or roast it, finance is getting tokenized and the old guard’s leading the charge. -PL

ANALYSIS

Trump Ukraine Minerals Deal 2025

The Trump-Ukraine minerals deal is lighting up the market. The U.S. and Ukraine set up a fund to rebuild Ukraine, but the real story is mineral access. The U.S. now has early rights to Ukraine’s lithium, graphite, titanium, and rare earths, key for electric cars and tech.

Military aid is tied to America’s stake in these minerals, but Ukraine still runs its own mining. Big names like Albemarle and Lithium Americas are moving again, and any news on permits or projects could send shares flying. Defense stocks like Lockheed Martin may also jump, since titanium is needed for jets and missiles.

Day traders are watching every update because this deal means wild price swings. Energy stocks and specialized ETFs could rally if the right headlines hit. When you see sharp moves in mining stocks or weird spikes in trading, you’ll know why.

This isn’t your typical news cycle. The Trump-Ukraine minerals deal brings risk, fast market shifts, and nonstop headlines, just what active traders want. Stay alert and watch the action. -JM

GAMES

Trading 2 Truths and A Lie

There are 3 statements bellow, two are correct, which one is incorrect?

• A hedge fund can short its own positions.

• Central banks directly buy and sell stock indexes.

• Leverage can magnify both gains and losses.

EXPLORE

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ANSWER

Lie: Central banks typically do not trade stock indexes directly