Breakeven Management

"Cut your losses short and let your winners run."

The most frustrating experience in trading is watching a winning trade turn into a loser. Breakeven (BE) Management eliminates this by automatically securing your entry point as soon as specific milestones are reached.

How it Works

When a trade hits a designated Take Profit level (usually TP1), TTMT interacts with MetaTrader to modify the Stop Loss of all remaining open positions for that trade.

• Original SL: Below entry (Risking capital).
• New SL: At Entry Price + Small Buffer.

Now, if the market reverses, you get stopped out at your entry price. You lose nothing (and usually cover swap/commissions), earning a "Risk-Free" trade.

Configuration

You can customize Breakeven behavior in your Trading Settings:

Trigger Level

Choose when BE is activated:

• After TP1: (Standard) Secure trade after the first target is hit.
• After TP2: (Aggressive) Give the trade more room to breathe, accepting risk for longer.

Breakeven Offset (Pips)

We don't just move SL to exactly entry, we move it slightly above entry to cover trading costs.

• Default: +2 pips (configurable in settings).
• Purpose: Covers spread, commission, and swap fees so the trade is truly net zero or slightly positive.

Channel Specific Commands

Some advanced Telegram channels send specific commands like:

"Move SL to Breakeven now!"

TTMT's AI parses these commands and will execute a manual Breakeven move immediately, even if TP1 hasn't been hit yet, keeping you in sync with the signal provider's strategy.