What Does It Mean to Be a Break Even Trader?

michael martin: What does it mean to be a break even trader? It means probably plus five to minus five, in the way that i would look at it. I think probably seven, eight, eight out of ten break even traders are those who are taking consistent small losses, but also small gains. The fear part kicks in when you start to make money, and you're afraid to let the thing go,. And then the net effect of all your trading is that, again, your plus or minus five %.