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drawdown, Max, Min

WJC (tradeusphog)
Feb 09 2020 at 07:30
2 ieraksti
What is the difference between drawdown and min pips on a trade?

patience; fast is slow, and slow is fast
almfx
Feb 09 2020 at 22:05
241 ieraksti
drawdown refers to the difference between a high point in the balance of your trading account and the next low point of your account's balance, Drawdowns also describe the likely survivability of your system over the long run. A large drawdown puts an investor in an untenable position
and min pips on a trade is a different story, that shows type of the trading system.

WJC (tradeusphog)
Feb 12 2020 at 07:17
2 ieraksti
I'm asking in the context of a single trade. The stats that the history tab's graph when you hover over it shows the 'drawdown' of the trade, then also shows 'Min:' of the trade in pip, then of course also 'max:' of the trade in pips. I can't conceptually understand the difference between drawdown and min of the single trade.

patience; fast is slow, and slow is fast
vontogr (togr)
Feb 12 2020 at 13:24
4862 ieraksti
tradeusphog posted:
What is the difference between drawdown and min pips on a trade?

DD is a dynamic number. Showing the equity drop in percent. It is equal to loss of all OPEN trades.
If the DD is 10% then equity is 100-10=90%.

Min pips on a trade is a nonsense.
Trade may have positive or negative pips. The amount is determined by distance from current price (or closing price) and opening price.
E.G. EURUSD open trade at 1.09000, current price is 1.09050. So the trade's pips is 5.0 or 50 pipettes

EbonyJones
Dec 09 2020 at 08:23
232 ieraksti
You should learn all the basics of forex perfectly before investing in the forex market, Because it is very risky market. Low knowledge can put you in great danger.

Garyneville221
Jan 01 2021 at 13:11
19 ieraksti
The difference between the low and high point of your trading account will be called drawdown. You can take a course or read about the basics on some website. Familiarise yourself with the terminology as that will help you better.

AliaDare
Jan 03 2021 at 02:07
766 ieraksti
almfx posted:
drawdown refers to the difference between a high point in the balance of your trading account and the next low point of your account's balance, Drawdowns also describe the likely survivability of your system over the long run. A large drawdown puts an investor in an untenable position
and min pips on a trade is a different story, that shows type of the trading system.

Yes, you are right. I agree with you.

Jamesmaculm
Jan 11 2021 at 06:15
6 ieraksti
Drawdown is the peak-to-trough decline during a specific period for an investment, trading account, or fund. It is the percentage between the peak and the subsequent trough. On the other hand, a pip is the smallest amount by which a currency quote can change.

hailddjs
Feb 24 2021 at 05:24
12 ieraksti
It is always better to familiarise yourself with the terminology and concepts. It will only help you in the future and you won’t have to keep asking for help when you get stuck, good luck.

LyudmilLukanov
Oct 03 2021 at 14:24
735 ieraksti
Drawdown means how much capital is used during a full trade (until closing the trade).

SofieAndreasen
Oct 03 2021 at 14:56
736 ieraksti
Those refer to risk management strategy, how much risk you take or are willing to take.

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