Yes, you can. However, please be aware that you have 5 minutes from entering the trade to set the stop loss.
This rule is monitored live, and if a stop-loss is not set at all, we offer each trader a one-time opportunity to correct it. When a stop-loss isn’t set, we send an email alert, giving you an extra hour to adjust it. This “soft breach” provides some flexibility, but it is available only once per challenge. If the stop-loss isn’t updated within the hour, the account will unfortunately be marked as failed due to this violation.
If the same mistake happens again, no further email alert will be sent, and the account will be failed immediately.
Additionally, please be aware of the following:
- A potential loss that exceeds the maximum risk per trade is not considered a soft breach. If a stop-loss is set with more than 3% risk relative to the initial balance, this will result in immediate failure of the account.
- To ensure the stop-loss is correctly recorded, it must be set as either a Stop Loss or a Trailing Stop Loss on Bybit. If the stop-loss is not set in this manner, it will not be recognized or recorded as valid, leading to a violation.