Stop-loss or SL is a pending order which closes an open trade at your desirable negative price. It helps you to reduce your loss. The market is uncertain. It saves you from that uncertainty. It Is essential to trade with SL. Some trades are against using SL. However, they are wrong. Some brokers cannot also execute SL perfectly. However, in Eurotrader I never face such a problem.
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Stop-loss is a must, not a maybe
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Money management and risk management can never be done without using a stop loss. Every trader should do money management. Never trade without discipline and plan. Stop Loss Helps Protect From Unexpected Loss. Many times due to the fundamental impact in the market due to the excess volatile to avoid this volatile need to use Proper Stop Loss.
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