🤨 What's this Stop to Breakeven Thing?

2025-10-25 22:00:48

Abstract generation in progress

I often mention this in my trading signals 🚨

Here’s an example: I entered a $MKR position at 1098.5

🤔 The trading fee is 0.01% for both opening and closing positions. So closing at 1098.5 or below +0.2% (1100.7) puts us in the red.

I can see there’s not much momentum in this coin that I was hoping for.

😔 So I close 25% of my position at around +0.8% to 1% profit (1108.5)

🛑 Then I set a “stop to breakeven” - this means setting my stop loss at my entry price. In my case, that’s $1098.5.

If the price drops to this level, the position closes and I don’t lose a penny!

#cryptoeducation #markettamers #cryptodenua #stoptobreakeven

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