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Please can someone explain this drawdown to me..
It's a decline in equity in a trader's account from a peak to trough. doesnt necessary mean losses incurred but how low your account went from the highest point.
no the lowest after closed position.
Are you sure of this?
A measure of a decline in your trade within a period of time.
It's a decline in equity in a trader's account from a peak to trough. doesnt necessary mean losses incurred but how low your account went from the highest point.
A measure of a decline in your trade within a period of time.