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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 over a month ago

FundedNext does not impose any restriction on using Stop-Loss (SL) on a trader's every trade, so traders are free to trade without using it.

A Stop-Loss order (SL) is a risk management tool that helps limit potential losses by automatically closing a trade if the price reaches a specified level. It is ultimately up to traders' personal trading strategy and risk tolerance whether they decide to utilize this tool.

However, FundedNext recommends that traders trade responsibly to ensure long-term profitability and success. Using a Stop-Loss (SL) in conjunction with proper risk management and maintaining margin at a risk-free state will help ensure sustainable trading practices. While SL is not mandatory, we strongly encourage its use as part of a responsible trading strategy to minimize risk and promote long-term growth.

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