Drawdown Calculator
Drawdown Calculator is a simple tool designed to help you calculate your account balance decreases over time with consecutive losses.
So we know that risk management will make us money in the long run, but now we’d like to show you the other side of things.
What would happen if you didn’t use risk management rules?
Consider this example:
Let’s say you have $100,000 and you lose $50,000. What percentage of your account have you lost?
The answer is 50%.
Simple enough.
This is what traders call a drawdown.
A drawdown is the reduction of one’s capital after a series of losing trades.
This is normally calculated by getting the difference between a relative peak in capital minus a relative trough.
Elliott Wave View: NZDUSD Gains Buyers Momentum After Completing Zigzag Correction
"Dear Traders, In this technical article, we’re going to take a look at the Elliott Wave charts of NZDUSD, which are thoughtfully presented in the exclusive member's area on our
Elliott Wave View: EURAUD Found Buyers After Completed Double Three Pattern
Hello fellow traders. In this technical article, we’re going to take a look at the Elliott Wave charts of EURAUD, presented in the member's area on our website. Recently, EURAUD
Elliott Wave View: AUDUSD any Rally it can Fail for More Downside
The short-term Elliott Wave view on AUDUSD suggests that the cycle from the 8.11.2022 high is in progress as a 5 waves impulse structure. Down from the 8.11.2022 high, wave
Elliott Wave View: CADJPY Should Continue to Extend Higher
CADJPY shows a bullish sequence from the August 02 2022 low suggesting further upside is likely. The Rally from the August 02 low is unfolding as an impulse Elliott Wave
Elliott wave View: Bitcoin (BTCUSD) Entering Into A Wave Five Lower
The short-term Elliott wave view in BTCUSD suggests that the decline from March 28, 2022, High is unfolding as an impulse structure favoring some more downside. Down from 03/28/2022 high,
Elliott Wave View: EURJPY Buyers in Control
In this technical blog, we’re going to take a quick look at the Elliott Wave charts of EURJPY published in the member's area of the website. As our members knew,