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Hola Prime Stop Loss Rule
The Simple Answer
The stop loss rule at Hola Prime is: Yes, a stop loss must be placed within 3 minutes of opening a position or before closing, whichever is earlier.
Even where a stop loss is not required, trading without one can breach the drawdown limits quickly.
Stop Loss at a Glance
How It Works
Some firms require a stop loss on every trade, sometimes within a short window of entry, while others only recommend it.
If a firm enforces stops, build the stop into your order entry so you stay compliant from the moment you open a trade.
Final Thoughts
Knowing whether Hola Prime enforces stop losses helps you set up your risk process correctly before you start.
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FAQ
Does Hola Prime require a stop loss?
Yes, a stop loss must be placed within 3 minutes of opening a position or before closing, whichever is earlier
Why use a stop loss even when it is optional?
A stop loss caps your downside and helps you stay inside the daily and maximum drawdown limits.