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Breakeven Move Rule

Stop moving to breakeven "for comfort" too early

Many traders report moving stops to breakeven too early, repeatedly getting scratched out of trades that later would have hit target. This recipe standardizes when breakeven is allowed.

House RecipePersonal4 min setup

INGREDIENTS

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PROMPT

Create "Breakeven Move Rule". Default: only suggest BE move at +1R. If I want earlier protection, suggest taking 25% partial at +0.8R instead. Tag any BE move earlier than +1R as "early-BE" for review.

Pain point

Early BE moves can reduce variance but can also destroy R-multiples if done reflexively.

Triggers

  • Unrealized profit reaches breakevenTriggerR

Conditions

  • Only move stop to BE if structure is intact (user-confirmed checkbox)
  • Optional: require partial take profit first

Actions

  • Suggest "move stop to BE" only when rule is satisfied
  • If BE is moved earlier, tag as "early-BE"

Parameters (defaults)

  • breakevenTriggerR: 1.0
  • requirePartialAtR: 0.8
  • requirePartialPercent: 25

Examples

  • At +1R, suggest moving stop to entry; before +1R, recommend holding original stop.
  • If you want comfort earlier, take 25% off at +0.8R instead of moving stop.
Tags:#trading#stop-loss#breakeven#exits