Simple BREAKEVEN Strategy To Save You $$$ While Day Trading

Going breakeven on trades is a great theory as it protects you from hitting stop loss on winning trades. However when done incorrectly you will end up missing out on big wins by being taken out before the big move takes place. In today's video I'm going to show you how to go breakeven strategically to avoid missing big wins and also remove the risk of big losses!

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Don't skip through the video! If you want maximum value, watch it all!!
00:00 - Why we go breakeven
00:52 - The problem with breakeven strategies & how to avoid it
01:46 - My Breakeven Strategy
04:13 - Why my Strategy is BETTER than others
06:18 - Closing Points

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My name is James ~ i am a forex trader & coach teaching you how to become a better trader, win more trades, make money trading forex and master trading psychology.

If you want to master forex trading & learn the best price action strategies, subscribe & connect with me below;

[dssa]

Bro, I am very glad I joined your community! I could see immediately that you are a genuine person with logical thinking. Thamk you

[might]

You are a Gem 💎 to this industry.
Keep doing what you do👏

[ShortMorningPrayerz]

Always dropping good content. Thanks man ❤

[AnthonysTradingChannel]

I enjoyed watching your video, theres always something to learn.

[InsightLHour]

Thisis very efficient, i use same strategy too. Thank you Jeafx

[kwanelenhlabatsi]

THis is an awesome breakeven strategy something to use... Thanks a lot

[CrazyGi]

Thnx King, here you dropped this "👑"

[jozefien]

don;t forget to take partials if you can then you atleast secure small profits better then no profits

[moluabright]

U are Genius i swear ❤❤ I've 3 videos on what is breakeven and i couldn't understand anything but with just your intro into explaining what is Breakeven i got what i wanted, Who are you in that Body!!! How can i join your community of traders please 🙏

[Carmelvale_LLC]

With previous momentum reads you need to price action below or above limit margins to catch stop on the incoming swing trends

[YourFrienjamin]

Testing this now with images of graphs. Sounds legit 🙏

[kaypriest]

If i go break even right on the entry price and price didnt come back to stop me out but instead went straight and hit my TP.
My question is👉 Will i still close with profits?

[Carmelvale_LLC]

Mostly current indicators read previous trendline charts to inform on coming action executions

[trabink]

Hello James, love your content, how you explain, the wisdom you share, THANK YOU!!! Question... first of all, winning is great... but NOT LOSING is also great... sometimes you put on a trade and it is completely the wrong thing... and I see it right away and learn from it... but other times a trade takes off, then reverses rather soon... Can you please make a video on how to protect capital, even if it is just losing 0.5% versus 1%? Or BE versus loosing 1%? The many 1% losses could be less if properly monitored? What do you look for if a trade goes right away in the direction you think it should go, and what if it's not? Thank you!

[Jason_Born]

Seems simple enough. Just by being cognizant of structure and FVG's, etc., . access probability of a retest. .. Not to mention, reviewing HTF'S.

- J, I may have a bit dyslexia, but I'm still in the mechanical stage of trading and looking to understand the mechanical movements of adjusting the SL:

Q: I've seen video where traders slide the SL slider, and also, the entry slider. Do you have a video that actually illustrates both of these adjustments and what they accomplish?

Many videos talk about it, but fall short of providing the examples from my understanding

- Love the content !

[Carmelvale_LLC]

Break evens cut off push pressure point limit margins both downwards and upwards according to momentum structure analysis

[billythekid]

Thank you for very interesting and as allways very useful video. About 5:25 you are talking about very logical reason to market retest the supply zone. Can you, or somebody, please explain it - what reason it is? Or direct me to some source, where I would find it? Thank you very much

[Carmelvale_LLC]

Pressure push will break a momentum either in a downward or upward spiral trend

[starchaser]

So, the problem is, that 1 min-trends are not valuable trends...they can easily break the structure, stopping you out and after that, they can immediately come back ;-)

[dianar]

Very informative video. Greatly appreciated. Thank you.