Stop loss is another part of the forex business. Here many use stop loss. But that is not necessary in my opinion. This is very helpful and to control our account is also good. The beginner will help start. After experience we can eliminate stop loss. So the main thing is to wait and enter the right time and set the stop loss with some differences, the trading style M doesn't set the stop loss if it sets the difference in length. every new trader makes the same mistakes over and over that never puts SL and TP for every trade but this is important for safe capital and profit, I always place my SL and TP and that's why I am consistent in Forex.