What is Break-Even?

The price point at which a trade has zero profit and zero loss.

In-Depth Explanation

Traders often move their stop loss to the break-even point once a trade is in profit, ensuring a risk-free position.

"You buy at 100, the price goes to 110, you move your stop loss to 100. It is now a break-even trade."

Knowing the terms is just the start. Learning how to apply them is where the edge is found.