Happy Monday, DARWINs!
Let's take a look at the quote of the week:
"Small disciplines repeated with consistency every day lead to great achievements gained slowly over time" - John C. Maxwell.
Like it or not, this is the harsh reality of trading. Yes, it's true that you can make large amounts of money in a relatively short time, but usually, that's either the result of years and years of experience or sheer luck. In reality, you have to take small steps every day consistently over YEARS to see long-term success. As the old cliché goes "this is a marathon, not a sprint".
So, when you're feeling deflated and the goal of becoming a full-time asset manager seems too far away, focus on the small things—the little steps you can take each day. There's a fantastic quote from the book The Boy, the Mole, the Fox and the Horse, where the boy has a conversation with the horse as he struggles to navigate through a forest:
"I can't see a way through," said the boy.
"Can you see your next step?"
"Yes"
"Just take that," said the horse.
Always focus on the small steps that you can control in this moment, the rest will work itself out.
So with that, let's dive into the D-Zero Weekly Bites!
TRADER PERFORMANCE HIGHLIGHTS
IGZD with an amazing recovery!
With the idea of consistency and discipline from the initial quote in mind, it's clear that IGZD has embraced this approach in their effort to recover their account. Instead of giving up or starting a new track record, they adjusted their strategy and took small steps toward recovery, temporarily reaching the #1 position in DarwinIA SILVER. It's phenomenal work, and we're thrilled to see their hard work and dedication paying off!
LAST WEEK THROUGH THE MACRO LENS
Investor Sentiment Shifts as Dollar Dips Ahead of Excepted Fed Rate Cuts
As the Federal Reserve gears up for anticipated interest rate cuts, the U.S. dollar is showing signs of decline, having dropped 5% from its 2024 peak, and nearing its lowest in about a year against other major currencies. This decline is driven by the shift in U.S. economic conditions; with inflation cooling, the Fed, led by Jerome Powell, has indicated readiness to lower rates, starting with the upcoming September meeting.
Check out our latest article below!
- PHB reached a new quote ATH of 152.83! 👏
- ZNA hit 10 investors!
- SYO was paid $6,500+ in performance fees!
SUCCESS STORIES
OLRE in the Spotlight
Last week, we released our newest episode of the D-Zero Edge where we sat down with Chris Negron, the trader behind DARWIN OLRE to discuss his unique trading style and "against the grain" approach.
IMPORTANT NEWS
Changes to our trading hours
Please keep in mind that we have Modified Trading Hours today for FCHI 40 (CAC 40).
Read more here.
Feel free to reach out if you have any questions or need further assistance.
Happy trading!