fx2cool1 (By fx2cool )

The user has made his system private.

fx2cool1 Discussion

Aug 06, 2024 at 14:49
243 Views
1 Replies
Member Since Aug 05, 2024   4 posts
Sep 02, 2024 at 12:57
Hi,

Could someone tell me what does the Drawdown of 65% represent?

The reason I ask is that on a $500,000 account with a profit of $365,766.26 I only lost one trade of $14.99?

Based on this how can I have a Drawdown of 65%.

Regards,
forex_trader_3826673
Member Since Aug 25, 2024   15 posts
Sep 04, 2024 at 09:36
Drawdown does not imply the losing trades you had, but it refers to how much unrealized loss you incur while trading. I hope this answers your question. Cheers.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.