While stop-losses are not mandatory, they are highly recommended to help manage risk and protect your account.
Key Points:
Traders are encouraged to use stop-losses on their trades.
All trades must still comply with daily and overall drawdown rules, regardless of whether a stop-loss is set.
Proper use of stop-losses can help prevent large losses and keep your account within safe limits.
Using stop-losses wisely contributes to disciplined trading and helps ensure consistent performance under EverBlue Trader rules.