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26th March 2006, 08:15 PM
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Member
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Join Date: Jan 1970
Posts: 1,096
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Quote:
Originally Posted by Duritz
Would I be right in saying that a "maximum drawdown" is the biggest drop from the highest point of the bank?
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Hi Duritz!
Each way bet here. Depends????
I start counting (incrementing) the draw down when I go into the negative, that is after I have lost the bank and going on losing. At the first win the drawdown reverts to zero but the amount is kept in memory or file and if a bigger comes along it will replace it as the max DD.
I find it pointless to regard the losing runs as drawdown, after all draw_down means drawing on your own resources, and depends how much you can afford to lose before pulling the plug, not on winnings.
But each to his own here.
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