🚨 Max drawdown shows the largest loss your portfolio has experienced from its peak value to the lowest point during a specific time frame.
This gives you insight into the risk levels in your trading strategy and helps identify how much of your capital could be at risk during market downturns.
For traders, knowing your max drawdown is mandatory to understand how much pain you’re willing to endure in pursuit of gains.
A high drawdown indicates a risky strategy that may need tightening or more careful management
On the Portfolio Page, you can not only see your Max Drawdown but also compare it to other portfolios. This allows you to assess whether your losses are in line with the market or if there’s room to optimize your approach.