My current UGAZ plan. Still have 3750 shares at 2.044 average. With what I have right now, will sell 1000 shares at 2.55, sell 1250 shares at 2.80, and sell 1500 shares at 3.05, all with limit orders already set.
Will buy 1000 shares at 1.79 (why? because i won't buy unless at least $0.25 below my average), and then 1750 shares at 1.65. If either of these execute, I will adjust the sell levels indicated above to sell 1000 shares at $0.25 above the new average as a start. Say if the 1000 shares at 1.79 executes - my new average would be 1.991, so will sell 1000 shares at 2.25. If both the 1.79 and 1.65 buys execute, my average would be 1.90, so I'd sell 1000 shares at 2.15.