>Myself ive always traded YCA based on the Uranium price trend not the trend of YCA itself.
Me too insomuch as I think the trend is upward, so am only ever long, rarely out and never short YCA.
I've been varying the amounts held very frequently - a year ago I was using a rough sliding scale between max holding @-10% to no holding at +10% - I've kinda retuned that though to trading over a -20% to 0 range.

There are two beliefs I have now that I didn't a year ago:
1) +ve NAV is capped. The management are keen to issue more shares when at a +ve NAV - and they are willing to issue them in a way that snaps the price back to NAV. I wish they'd offer the shares to existing shareholders, issue tradable purchase rights rather than just make them available them available to some bankers but that did happen in Oct '21 and the share price went from about +10% NAV to zero premium. I used this as a buying opportunity and remember posting that I was learning for everyone else's misfortune - I don't want to hold this share when it's at any premium.
2) -ve is uncapped. The management team are not willing to sell U3O8 assets to raise capital for a share buyback, or to issue dividends, to support the price. In the long run they have to get a plan together to sell the U3O8, even if it's never executed, otherwise it's a perpetual scheme where investors can only take out what other investors are putting in. And, as it can't really be perpetual as they have running costs this means they will eventually have to issue shares below NAV or sell assets in situation where buyers have the upper hand.