About "The Gap Guy"
I live in Cary, North Carolina with my wife and four daughters. I graduated from the United States Military Academy (West Point) in 1987 and proudly served our country as an Army officer and aviator (helicopter pilot) for 5 years, including Operations Desert Storm and Desert Shield. I earned an MBA from the University of North Carolina in 1995 and subsequently co-founded www.sciquest.com, serving as CEO and Chairman. We took the web-based software company public in 1999 and then private a few years later.
My first trade was in 1991 and I have been trading full time for a living since 2004. Gaps are my "bread and butter" trade. At the encouragement of some fellow traders, I started calling out my daily gap plays in a live trading room in early 2007. During this time, I earned the nickname, "Gap Guy." The volume of interest coupled with the dearth of quality gap trading information on the web, prompted the development of MasterTheGap.com.
Posting my daily gap trade plan (with exact stop and target) in advance of the opening bell for members of my private blog, I generated a 67% win rate (88/132 opening gap trades) during the tumultous period of September, 2007 through February, 2009 (launch of this new site). You can view a log of these day-by-day trades here. Using the exact same trades (but with twice the leverage) I doubled (+115%) an aggressive account ($50k starting) with a maximum drawdown of 19.3% during this period.
There are many different ways to trade gaps successfully. My goal is to arm you with historical probabilities and tools to help you trade gaps more profitably, while establishing a community of "gappers" for the benefit of all.
Carpe Diem!
Scott Andrews
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