Signal - Maximum Drawdown

 

Hi guys,


what does the percentage of the "Maximum Drawdown" of a Signal mean? What is the percentage related to? For example 10% of what? 


Thanks for your help!

Rixxx

 

From the article - Tips for Selecting a Trading Signal to Subscribe. Step-By-Step Guide 

Maximum drawdown of the signal as percentage of the balance/equity.

 
Great. Thanks!
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