Forex glossary
What is a drawdown?
The decline from an account's peak to its lowest point, in money or percent.
Definition
Drawdown: The decline from an account's peak to its lowest point, in money or percent.
In context
See for yourself with the drawdown tool.
From the lesson Risk Management: The 1% Rule.
Lessons that cover Drawdown
Risk & Psychology · 6 min
Risk Management: The 1% Rule
The rule that keeps traders alive long enough to get good.
Prop Firms & Gold · 6 min
What Is a Prop Firm?
Trade a firm's capital and keep most of the profit.
Prop Firms & Gold · 8 min
Prop Firm Rules Explained
Targets, daily loss, static vs trailing drawdown and the rules that fail most traders.
Prop Firms & Gold · 7 min
How to Pass a Prop Challenge
A practical, boring, effective plan.
Prop Firms & Gold · 5 min
How to Choose a Prop Firm
Track record, rules, payouts and red flags.
Prop Firms & Gold · 6 min
Trading Robots (EAs)
How Expert Advisors work, how to judge them and what to avoid.