Three day gap fill - NUGT · Trash Panda Trades

Sean Quach

25d ago in General discussion

Three day gap fill - NUGT

Hi folks,

Noticed the gap on NUGT the other day, didn't enter 6/5 since it didn't close, but entered today.

Entered at 40.74. Placed a 2% trailing stop loss right after.

Sold 1/3 at ~1% move so first took profit at 41.13. Moved trailing stop loss so it's right above my entry price.

Sold 2/3 at ~2% so at 41.49. Adjusted the trailing stop loss but kept it tighter. 20 cents below.

Stopped out at 42.24.

2.16% profit

Still practicing so I went in small. Thought I'd share my play here. I just started applying the 3 day gap very recently. This is my third and best play so far (last two were wins but small). Want to continue tweaking this method more until it works at its best. Always open to feedback!

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