While it is not mandatory to have a stop loss on your trades at Monevis, we highly recommend its implementation as a tool for effective risk management. Stop losses serve as a vital component of trading strategies, helping traders mitigate potential losses and protect their investments.

By setting stop losses, traders can define their acceptable level of risk and safeguard their capital against adverse market movements.

While we respect traders' autonomy in their trading decisions, we encourage the adoption of stop loss orders as a prudent risk management practice. If you have any questions or need assistance with setting up stop loss orders, our support team is available to help you navigate this aspect of trading effectively.