It is strictly prohibited to execute orders without defined Stop Loss and Take Profit parameters. This practice goes against the fundamental principles of strategic trading and responsible risk control.
Justification:
- Trading without a stop loss or profit reflects impulsive behavior, lacking planning and misaligned with the standards required by the firm.
- It hinders objective performance evaluation and jeopardizes capital sustainability.
- It contravenes the pillars of consistency and control that define a professional trader.
Application of the Rule:
- Every order placed must include a predefined Stop Loss and Take Profit.
- Failure to comply with this rule will be considered a very serious offense.
- The direct consequence will be the immediate termination of the account, without the right to reactivation or appeal, as this is an unacceptable violation of basic strategic criteria.
Objective: To foster an operational culture based on planning, conscious risk management, and decision-making consistent with a professional mindset.