A stop-loss is an order placed with a broker to sell a security when it reaches a price set by the broker. They are designed to keep an investor's loss to minimum on a position in a security. So, yes it is very important to set a stop loss to limit the loss to a certain threshold to make loss bearable. Intraday trading is highly risky type of trading and the leverage and loss can exceed an investment or trading amount.
However, you can learn the technical and fundamental analysis of the stock, Commodity or Currency market from best institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc. They provide the professional courses to make you expert analyst on these analysis. (Source: www.quora.com/Is-stop-loss-necessary-in-intraday-trading)
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