The Rational Trader (@authentictrt) 's Twitter Profile
The Rational Trader

@authentictrt

Gold (XAUUSD) scalping specialist. Nothing fancy, just good risk management and consistent execution. My posts are NOT financial advice.

ID: 1672457600397352960

calendar_today24-06-2023 04:12:30

983 Tweet

124 Followers

305 Following

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For all those holding weekend positions for $gold, best of luck when the market opens next week. No doubt price will open at a level that is significantly different to Friday close, based on current world events. #xauusd #btc

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Thinking of transitioning to trading strictly $gold from now on. I seem to be good at scalping it, in my own time, and without worrying too much about what is happening at a macro level. Perhaps I have found my niche. We shall see. #xauusd

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I'm aiming to start a fresh 50k prop challenge next week, exclusively trading $gold. Will post all results here, and see if I can get funded. Won't be posting live trades as this may be against the firms T&Cs. $xauusd #Xauusdgold #xauusd

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I'm starting this challenge a little later than expected, but today is the day. It's a 200k challenge, and not a 50k one. Trading parameters: * 1 trade per day * 1:3 RR * 1 loss = -0.5% of account * 1 win = +1.5% of account * Weekly profit target = $6000 #xauusd $gold

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Okay so TP has been hit and I’m done for the day. Good start to the challenge. Expecting some losers as the week goes on, but on we go. Back again tomorrow. #xauusd $gold

Okay so TP has been hit and I’m done for the day. Good start to the challenge. Expecting some losers as the week goes on, but on we go. Back again tomorrow.

#xauusd $gold
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Forgot to add that I will only be trading the London session. You’re all welcome to follow my progress. Either we get funded, or we crash and burn. Let’s see how this story unfolds 🙂 #xauusd #gold $gold #forextrading

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Another good trade during today’s London session. In and out before CPI. Well in the green for the week, and 1k away from the weekly target. Let’s see we can get it. Back at it tomorrow. #xauusd $gold #forex $xauusd

Another good trade during today’s London session. In and out before CPI. Well in the green for the week, and 1k away from the weekly target. Let’s see we can get it. Back at it tomorrow.

#xauusd $gold #forex $xauusd
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Stopped out on this morning’s trade, but still green for the week. Price seems quite choppy. One more trade remaining for this week, let’s see what happens. #xauusd $gold #forex

Stopped out on this morning’s trade, but still green for the week. Price seems quite choppy. One more trade remaining for this week, let’s see what happens.

#xauusd $gold #forex
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Not the end to the week I wanted - another loss. On a more positive note, the week has ended in green overall with +3k profit. Good start to the challenge, let’s build on this next week. #xauusd $gold $xauusd #forex

Not the end to the week I wanted - another loss. On a more positive note, the week has ended in green overall with +3k profit. Good start to the challenge, let’s build on this next week.

#xauusd $gold $xauusd #forex
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Didn’t get a chance to post yesterday, but both today and yesterday’s trades were winners. I’ve actually doubled my risk and reward now so the profits are higher - but that obviously also means the losses will be higher when they happen. #xauusd $gold #forex

Didn’t get a chance to post yesterday, but both today and yesterday’s trades were winners. I’ve actually doubled my risk and reward now so the profits are higher - but that obviously also means the losses will be higher when they happen.

#xauusd $gold #forex
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Trading parameters stay the same for the challenge, only difference is that a win yields 3% profit on the account and a loss results in 1% loss. May reduce risk again if I get on a losing streak. #xauusd $gold #forex

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Haven’t posted much this week, but as you can see, I’ve been busy. Up 8k on the challenge account this week. Could pass phase 1 next week if market conditions allow, or I could fuck it all up 😂 let’s see. #xauusd $gold #forex

Haven’t posted much this week, but as you can see, I’ve been busy. Up 8k on the challenge account this week. Could pass phase 1 next week if market conditions allow, or I could fuck it all up 😂 let’s see.

#xauusd $gold #forex
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Now this is ludicrous. I don’t mind taking losses, but to take a loss after having my entry price triggered when market price was nowhere near it is unacceptable. That’s prop trading for you. Ridiculous. #xauusd #gold #forex $gold

Now this is ludicrous. I don’t mind taking losses, but to take a loss after having my entry price triggered when market price was nowhere near it is unacceptable. That’s prop trading for you. Ridiculous.

#xauusd #gold #forex $gold
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I’m clearly not great at posting results, but happy to report that I’ve now cleared phase 1 of the challenge. Took longer than expected, but that’s the way it goes. Will update on the progress of phase 2 in due course. $gold #xauusd

I’m clearly not great at posting results, but happy to report that I’ve now cleared phase 1 of the challenge. Took longer than expected, but that’s the way it goes. Will update on the progress of phase 2 in due course.

$gold #xauusd
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Well, I’ve done it. Cleared phase 2 of the challenge. This feels very surreal, and the first time I’ve come this far. Still need to go through the onbording process, but hopefully no issues there. Won’t feel real until I get my first payout. Keep grinding folks. #xauusd $gold

Well, I’ve done it. Cleared phase 2 of the challenge. This feels very surreal, and the first time I’ve come this far. Still need to go through the onbording process, but hopefully no issues there. Won’t feel real until I get my first payout. Keep grinding folks.

#xauusd $gold
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So I’ve passed my 200k FTMO challenge. A great feeling after years of hard work, trying to master trading. If you’re struggling, keep learning and improving from your mistakes each day and you’ll get there if you want it bad enough. #FTMO #XAUUSD #forextrading #forex

So I’ve passed my 200k FTMO challenge. A great feeling after years of hard work, trying to master trading. If you’re struggling, keep learning and improving from your mistakes each day and you’ll get there if you want it bad enough.

#FTMO #XAUUSD #forextrading #forex
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Not entirely sure what to do with this account. Maybe one day I'll share analysis and trade ideas, or maybe release an indicator scripting my strategy. Perhaps for now I'll post payout certificates to establish some credibility. No idea, let's see. #XAUUSD #forextrading #forex

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I’ve just achieved max allocation with FTMO (400k in funding). When I first started learning to trade a few years ago, this was a fantasy. I struggled a lot and had no idea how I could ever improve. Consistency, application and effort goes a long way. #FTMO #xauusd #forex

I’ve just achieved max allocation with FTMO (400k in funding). When I first started learning to trade a few years ago, this was a fantasy. I struggled a lot and had no idea how I could ever improve. Consistency, application and effort goes a long way.

#FTMO #xauusd #forex