List Of Trades: Drawdown
The maximum possible loss of the trade according to the strategy, as well as the maximum percentage loss.
Let's look at how the value for the Drawdown column is calculated:
In this example, we bought 1 share of AAPL at the opening on June 15 and sold it at the opening of June 22. The initial capital was $1000.The minimum value to which the share price has decreased since the purchase is $332.58 on June 15, therefore the maximum possible loss in this transaction is $333.25 - $332.58=$0.67, for a percentage of (0.67/(333.25*1))*100% = 0.20%.