**How to Close a Trade Without a Loss: Break-Even Stop Mechanism**

Break-even stop (Stop Loss to Break-Even) — is one of the most important risk management tools, which I often mention in my trading signals. Let’s understand how it works through a practical example.

**Understanding Commission Costs**

When you open a position on an exchange, each transaction incurs a fee. In our case, the fee is 0.01% both when opening and closing the trade. This means that even if the price returns to the initial level, you will still incur a loss due to these expenses. For example, with a $MKR trade at 1098.5, simply closing at the same price is not enough.

**Practical Example: Trade with $MKR**

I opened a position at $MKR 1098.5. However, a strong upward move did not occur. Instead of waiting further, I decided to apply a partial close strategy and move the remaining position to break-even.

At the first stage, I closed 25% of the position at a price + 0.8%-1%, i.e., at 1108.5. This allowed me to lock in part of the profit.

**Setting a Break-Even Stop**

Next, I set a stop order at the break-even level of 1098.5. This means: if the price drops to this level, the remaining position will close automatically, and I will not incur any losses on this trade. Although technically, considering commissions, it will be a small loss, this stop guarantees that I won’t lose a significant amount if the trend reverses against me.

The key to successful trading is not only finding good entry points but also managing risk properly through the break-even stop mechanism.