![]() Probability of Drawdown: The probability that you will hit your maximum drawdown, give the parameters you entered above.Max Drawdown (%): This is the maximum drawdown that you are willing to endure.There are many nuances that investors must incorporate in their daily monitoring. The difference in the account balance is the capital lost or drawdown. For example, if you want to find out your probability of hitting your maximum drawdown in one year, enter the approximate number of trades that you would take in one year, using this trading system. Drawdown in forex refers to the difference between the highest point in the trading balance in your account and the next low point in the trading account balance. ![]() Number of Trades: This is the number of trades that you plan to take.This assumes that you risk the same amount of your account on each trade. Risk Per Trade (%): What percentage of your account do you risk on each trade.Avg $ Win/Avg $ Loss: Average the dollar amount (or whatever currency you are using) of all of your winners and divide that number by the average dollar amount of all your losing trades.It helps to have at least 30 trades, to get more accurate results. ![]() Divide the number of winning trades over the total number of trades taken. Maximum drawdown is the largest peak-to-trough decline in the value of your trading account.
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