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Is It mandatory to use Stop-Loss (SL) for all trades?
Is It mandatory to use Stop-Loss (SL) for all trades?
Updated over 2 months ago

Prop Number One does not impose any restriction on using Stop-Loss (SL) on a trader's every trade, so traders are free to trade without using it.

A Stop-Loss order (SL) is a risk management tool that helps limit potential losses by automatically closing a trade if the price reaches a specified level.

It is ultimately up to traders' personal trading strategy and risk tolerance whether they decide to utilize this tool.

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