Needs clarity on this

 
I am having a hard time understanding the difference between Absolute drawdown, Maximal drawdown, Relative drawdown, and Profit factor.

Help simplify it and which matters the most.
 
Trading Report - For Advanced Users - Trading Operations - MetaTrader 5 Help
  • www.metatrader5.com
The trading platform allows you to automatically save and publish account statement reports. To save the report, select "Report" in the...
 
There is summary post about drawdown with explanation and so on:
post
How to Start with MT5, a summary !
How to Start with MT5, a summary !
  • 2023.01.25
  • www.mql5.com
How to start with MT5 platform : summary...
 
tec.nacks: I am having a hard time understanding the difference between Absolute drawdown, Maximal drawdown, Relative drawdown, and Profit factor. Help simplify it and which matters the most.
They all matter. Do yourself a favour and take the BabyPips School of Pipsology course. It's free.
Learn How to Trade the Markets
Learn How to Trade the Markets
  • www.babypips.com
The School of Pipsology is the most popular forex trading course on planet Earth. Maybe even on Mars. Our online course is made for beginners to help them learn how to trade the currency markets. Did we mention it’s totally free?
 
Okay, thanks everyone 
Reason: