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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 yesterday

Stop-loss is an optional tool for traders, and its use is at each trader's discretion. Essentially, it involves setting a predetermined price at which you wish to sell an asset, established before the asset reaches that specific price point.

Utilizing stop-loss effectively allows traders to manage risk more strategically, fostering a more analytical approach to trades and reducing emotional decision-making. The XVXT team strongly advocates for the active use of stop-losses as a part of prudent trading practices. This approach can help in safeguarding investments and achieving a more disciplined trading methodology.

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