Speaking of dead cat's, I guess you could consider trading a gap down as playing a dead cat, as that's also what I paper trade. Today for example, I went long on NDSN.
Started my position with 200 shares at 80.40, added to 400 shares to my position at $79.90 and again added 800 shares to my position at $79.60. Ended up averaging at $79.80.
Sold my position at $80.90. $1.10 profit per. 1400 shares total so $1,540 profit.
The price went as high as 81.71, during the same candle I sold, but my stop got hit during the climb.
i wish I had capital. been paper trading gaps for 2 weeks now. And if it was real life, i would not be disappointed.
