Is a stop loss required in the Bootcamp program?

1 min. readlast update: 02.07.2024

Yes, the Bootcamp program is the only The5ers program that requires a stop loss. 

Opening a position without a stop loss order, or risking more than 2% of the account balance in a single position, will be considered a risk violation.

Traders have 3 minutes to cover their trade with a stop loss. If no stop is added by the 3-minute window the trade will be flagged 

Any account with 5 violations will be automatically terminated.

 

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