When or how will my drawdown from my signal start going down?
I had a burned account way back 2021 due to my EA burning my account.
This is year, I comeback and my EA is doing better now, already earned more than my initial investment.
but my drawdown is still at 100%, on MT5 it just 40% or less.
Drawdown is the percentage you are down from the latest equity peak. It’s a peak-to-trough decline over a certain period. You are in a drawdown if your equity is not at an all-time high. Thus, most of the time, you’ll be in a drawdown! 1
Regarding your question on when or how your drawdown from your signal will start going down, it’s hard to say without more information about your EA and trading strategy. However, I found a website that might be able to help you with your question. Signal Start is a professional one-stop-shop signal service that caters to the needs of both signal providers and signal followers. They offer a seamless process for signal followers and allow you to copy trades from any provider. You can check out their website for more information 2.
When or how will my drawdown from my signal start going down?
I had a burned account way back 2021 due to my EA burning my account.
This is year, I comeback and my EA is doing better now, already earned more than my initial investment.
but my drawdown is still at 100%, on MT5 it just 40% or less.
- 2023.06.08
- www.mql5.com
I see, Very much related to my situation. I guess I need to create a new account then.
thanks.
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I had a burned account way back 2021 due to my EA burning my account.
This is year, I comeback and my EA is doing better now, already earned more than my initial investment.
but my drawdown is still at 100%, on MT5 it just 40% or less.