Stoploss could really be a helpful tool for those who do trade on very active manner but not for those who do tend for long term aspect or those swing traders because
they are just depending or waiting up for some recovery rather than on making some stop loss which would really be considered a total loss once it had been triggered out
not like when you are just having some open position then you would matter on the price volatility but somehow this might result into a longer waiting game
since we know that it isnt known on when the price would really be making out some recovery but for scalpers then stop loss is really important.