What it means
A breakeven stop is used to remove some or all initial risk once price has moved enough in favor of the trade.
What to watch
Moving to breakeven too early can cut off otherwise healthy trades during normal pullbacks.
Glossary
A stop adjustment that moves risk close to the entry price after a trade has moved favorably.
A breakeven stop is used to remove some or all initial risk once price has moved enough in favor of the trade.
Moving to breakeven too early can cut off otherwise healthy trades during normal pullbacks.