Navigation

Breakeven

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.
[http://www.babypips.com/blogs/pipsychology/breakeven-trades-the-psychology-behind-the-gray-area.html Breakeven Trades: The Psychology Behind the Gray Area]

Back to Forexpedia Main Page

"Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude."
Thomas Jefferson
Clicky Web Analytics