> For the complete documentation index, see [llms.txt](https://avstrade.gitbook.io/avstrade-docs-en/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://avstrade.gitbook.io/avstrade-docs-en/trading/closing-orders/no-loss.md).

# No Loss

**Breakeven No Loss order** 

No Loss (NL) --- is a trigger after reaching which the Stop Loss Market order is automatically placed at the. The user sets the price at which the sale of tools will not bring a loss.

The No Loss order contains a distance field, which indicates the offset.

In this case, Stop Loss is set with a certain offset from the position opening price.

<div><figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FRnqtQvms6nthfXBKF1uw%2F%D0%91%D0%B5%D0%B7%D1%83%D0%B1%D1%8B%D1%82%D0%BE%D1%87%D0%BD%D1%8B%D0%B9%20%D0%BE%D1%80%D0%B4%D0%B5%D1%80%20No%20Loss.jpg?alt=media&amp;token=4f44dfe4-cbc9-472b-b79e-0f8e9aa464bb" alt=""><figcaption></figcaption></figure> <figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FuojRHYfZ7h7i6GtLUfli%2FNo%20Loss.jpg?alt=media&amp;token=556581a3-4398-4955-9509-c67400842485" alt=""><figcaption></figcaption></figure> <figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2F8R4E2I4ZBDg2RaZH3xnP%2FNo%20Loss%20(NL).jpg?alt=media&amp;token=d029c1c6-5521-4331-b698-7ed6fbea899f" alt=""><figcaption></figcaption></figure></div>

An example of the No Loss function.

<figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FRaz79NwDxosvdlW2MQ9q%2FNo%20Loss.gif?alt=media&amp;token=88d80002-b802-4188-bd19-fc4e3cd90709" alt="" width="300"><figcaption></figcaption></figure>