Stop-loss is not mandatory and each trader can voluntarily decide whether to use stop-loss or not. In short, it is setting the price at which you want to sell an asset and setting it before the asset breaks that price. Working properly with stop-loss means that you can also work with risk and approach trades more analytically and less emotionally.
On behalf of the For Traders team, we definitely recommend actively working with stop-losses.
Updated over a week ago