If the mindset is to hold NUGT to ride a gold bull, why sell at all? A geopolitical event could, as it did a week ago, gap NUGT to a point where you could potentially miss substantial upside. A 5% swing is minuscule as we just saw the whipsaw effect of international headlines.
Clearly the scalping mindset offers a much different strategy. If there’s a better way to play a gold bull mentality with triple leverage, let me know.