A Stop Loss Order is an automatic close of a trade that you can set to happen if your currency goes in a direction that would cause you to lose money. For example, if you sold a currency short with the intention of letting its value decrease and buying it back for a profit, you could set a stop loss order if the currency moved upwards by a certain amount. Additionally, if you bought a currency and it began to fall, your Stop Loss would keep you from losing more than you wanted to by selling the currency automatically.
stop loss is one of risk management is good in forex trading, using stop loss will make us able to trade with more leverage because the SL, the greater risks can be minimized with good, for that we should always use SL when trading so will allow us to trade with a maximum
Stoploss is a good tool for traders specially for new traders as new traders doesn't have much experience in m=price movement, so this will help as a security for your capital.
Stop loss is the limit for us to be able to limit losses, using stop loss will allow us to maintain good trading capital, therefore, we have to use a stop loss so that we can trade with much longer