Is stoploss is mandatory in every trade??

[raihanuiu]

Forex has both option stop loss and take profit. But there is no to assign stop loss or take profit mandatory. But stop loss reduces your losses from you real money and also safe your money. And take profit increases your confident to trade. Both are important matter of forex. But always it is not necessary to use for trade.

[rookie001]

I don't know in what sense you use the word mandatory ... I mean, you can log a trade without setting a stop loss on the chart and I don't know any broker that makes it a compulsion to put a stop loss with your trade. You can trade without setting a stop loss or take profit just fine ... however it is more of an advice that you use it. It is also advised that if you have any intuition of being spied upon by some dealing desk ... use a mental stop loss and you will have to be present all the time of your trade.

[fantastic]

I think that no stop loss means more margin calls , we can not neglect stop loss at all , we have to remember the news that come suddenly without any warning and destroy many accounts because the traders don�t use stop loss

[omofx]

stop loss is mandatory when you are trading Forex you need to protect your capital, and for you to risk a reasonable amount and using stop loss help you to be come a successful trader

[ernestina]

Definitely not. It is never mandatory in the trading.
You can use it to minimize your losses ..I also use it stop my loss.

If you do not use mandatory stop loss then you must use very little risk in your trade. Stop loss is important because trader can face loss of his entire account without it. Just set stop loss value to be large so that the market cannot cut it short by error.

[Hiron]

Definitely not. It is never mandatory in the trading.
You can use it to minimize your losses ..I also use it stop my loss.

[torquee]

the stop loss is some times not essential in th trades but
it is always recommended that we must use it

[ernestina]

It is good to use stop loss and mandatory for every trade because it will help trader to curtail margin call. If stop loss is not introduced into the forex trade, then trader may face big loss and not be able to recover.

[sohelforex]

Stop loss isn't mandatory but every safe trading strategy includes the stop loss feature. There are many confident traders who suppose the movement of market into one direction and they usually don't use stop loss because of their confidence. Conservative traders are always using stop loss because it cuts the loss and saves your revenue.

[zytuy11]

no the stop loss is not mandatory but it helps you loosing more then a entered amount and automatically closes the position, its a risk management strategy and although works very good but in some cases des not be useful