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What are the consequences of not using a stop-loss on my trades?
What are the consequences of not using a stop-loss on my trades?
Updated over 3 months ago

While Atlas Funded does not strictly require the use of stop-loss orders, failing to use them can increase the risk of breaching the daily or total drawdown limits. If your trades move against you and you don’t have a stop-loss in place, you may incur significant losses, potentially exceeding the allowed drawdown. If this happens, your account will be closed, and for evaluation accounts, you will have to restart the process.

It’s highly recommended to use stop-loss orders as part of a comprehensive risk management strategy. A stop-loss ensures that you control your losses and protect your account from significant market reversals. Traders who use stop-losses effectively are better positioned to meet their profit targets while avoiding rule breaches.

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