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Is Stop Loss Required on Trades?
Is Stop Loss Required on Trades?
Branden Abushanab avatar
Written by Branden Abushanab
Updated over a week ago

Unlike other prop firms, Smart Prop Trader doesn't require the use of stop loss on orders. That is, traders are free to utilize stop loss at their leisure within market situations they deem fit. Traders can adjust stop-loss levels based on changing market conditions, allowing them to adapt to new information or trends. This flexibility is valuable in dynamic markets, allowing traders to adapt to the ever-changing market conditions.

While stop-loss orders offer several benefits, it's important for traders to carefully consider their strategy, risk tolerance, and market conditions when implementing them. It's also essential to be aware that in certain market conditions, such as gaps or slippage, stop-loss orders may not guarantee execution at the specified price.

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