Citi VelocityShares 3x Long Crude Oil S&P ETN (UWT)

[stocktrademan]

I don't have any idea where the chart tops out at, just try to get my stop to breakeven after it makes a few waves up and then let it run. As long as the macd or ppo is above 0 then it is going to make higher highs and higher lows. That's all I need to know to make a profit. When the indicator signals it's over I consider what to do next. If my stop is at breakeven by that time (aka my preference to "get out of the trade" price is equal to where I bought it previously), there is no risk on the trade anymore. Can either keep the trade on since it won't cost me and see what it does, or take profit whatever is convenient.