The point at which gains equal to losses.

In terms of price action, it is the level at which the risk on the trade is recovered. This means that if the trader chooses to close at that particular price, he neither wins nor loses.
[ Breakeven Trades: The Psychology Behind the Gray Area]

Back to Forexpedia Main Page

"He was a self-made man who owed his lack of success to nobody."
Joseph Heller
Clicky Web Analytics