Break-Even

Order Types

Qué significa

Moving your stop-loss up to your entry price so the trade can no longer lose money. It protects capital once the trade is in profit.

You buy at $100, price rises to $108, so you move your stop from $95 to $100. Now if price falls back, you exit with $0 loss instead of a $5 loss.

Beginners move to break-even too early and get stopped out by normal noise before the real move develops, missing the big win they were right about.

Stop-Loss — A pending order to close your position at a loss once price hits a set level. It caps how …
Take-Profit — A pending order to close your position at a profit once price reaches a set level. It lock…