In accounting, the break-even point is calculated by dividing the fixed costs of production by the price per unit minus the variable costs of production.
The break-even point is the level of production at which the costs of production equal the revenues for a product.
A profit target is a price level set at the initiation of a trade at which point the trader will exit for a gain.
Profit targets can help an investor reduce risk by creating a target price where the trader wants to take a profit on a trade.
Profit targets can be set up at the onset of a new trade and help a trader reduce portfolio volatility.