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Posts by
AlgoTradingSpace
Understanding Drawdown
in
New Traders
May 28 at 09:00
Good to see a conversation about the Drawdown. To me, it has even more importance than the profit.Can you explain what the Drawdown metric in the stats panel (top left corner) of a Myfxbook track record actually represents? I'm looking at some track records showing a 20% drawdown, but when I check the drawdown chart, I don’t see any significant peaks. If it represented the floating P/L, I would expect to see bigger equity drops, but I don't see that either.
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