I know most of us really like to keep our stats pretty: not just for ego, but also to see how well we're performing. I am one of those people. However, as soon as I started using Myfxbook, I realized that one of the common indicators, the Drawdown (DD), is not properly interpreted by most of us. I've read here in the forums many people arguing that 'you're a bad trader if you're DD is high' and so on; it's not that I want to excuse myself - I've like 99% DD - but, in my case, that number was caused during the Scottish referendum when a lot of volatility affected the GBP pairs. At that time, I had to cut my profits to stay in the game, but I kept my initial capital untouched - or at least, the 90% of it -. So, the DD was calculated over the 'free money', my profit, but my capital was there and just few days after the fall, I could restore and almost duplicate my deposit.
So, I think in my case, I would interpret DD as the result of a - not happy - tactic to keep trading. Like a sacrifice, but it worth it.
What do you think? Does DD really indicate the performance of a trader?