Important
Break Even sets your Stop Loss or Take Profit to your entry price. Fees and swaps are only included if you enable that option.
This action does not guarantee profit, it only reduces or removes risk.
What is Break Even
Break Even moves your Stop Loss to your entry price after your trade is in profit.
This means if the market reverses, your position closes at your entry level with no gain or loss, aside from spread or fees.
It can also be used to set a Take Profit at your entry price to exit a trade at no loss while it is in a negative position.
What this means
Break Even is a Risk management tool that helps protect your position without closing it.
Depending on your trade:
In profit → Stop Loss is moved to entry
In loss → Take Profit can be set to entry
This allows you to either secure a no-loss position or exit safely if market conditions change.
How to use Break Even in TradeLocker
Open the Trades panel
Select the position you want to adjust
Click the Break Even icon
Optional: enable the setting to include fees and swaps
Confirm the change
Your Stop Loss or Take Profit will be set to your entry price.
When traders use it
After a trade moves into profit
To prevent a winning trade from turning into a loss
To exit at entry if market conditions change
To reduce manual trade management
Things to consider
Trades may close earlier due to normal price pullbacks
It should be used based on a defined rule or strategy
Including fees and swaps gives a more accurate break-even level
Learn more
Watch how to use Break Even:
https://www.youtube.com/watch?v=D2mD1qIYLTs