When we can trade without stop loss?

[bigdolly]

In practice, it's generally not advisable to trade without a stop loss in forex. However, some experienced traders might consider doing so in very specific situations, like when they are closely monitoring the market and have a clear exit strategy in place. Other case is trading without leverage when it is virtually impossible to get margin call or reach stop out level.

 

[fxoday]

Stop loss is one way to manage the risk with a fixed risk number, different from hedging strategy or correlation pairs to manage the risk that includes a floating risk number.