← Glossary
Breakeven stop
A breakeven stop sets the stop at, or just past, entry — typically after price has moved favorably or a first target has filled. Once the stop is at or past breakeven, the position's open risk is zero even though it's still open; this is the specific move that drives portfolio heat down without closing anything.
See also
This explains what breakeven stop measures. It isn't investment advice — see the disclaimer.