Breakeven Stop vs Hard Stop

Quick comparison to help you distinguish these two crypto terms.

Breakeven Stop
intermediate
strategy

A stop-loss adjustment that moves the exit level to the original trade entry price once a position has moved sufficiently into profit, eliminating the original financial risk from the trade.

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Hard Stop
intermediate
risk

A firm, pre-placed stop-loss order entered into the exchange immediately upon trade entry that automatically closes a position at a specific price without requiring any manual intervention.

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