Drawdown in Forex Trading Explained: Definition, Concept & Importance
In a forex market where dynamics keep shifting from one end to another, sometimes favorable, sometimes not, there can be both profits and losses for traders. No matter how experienced a trader you may be, you can face losses and see a reduction in your capital value. This is called a drawdown in forex trading. It represents the amount by which your forex trading account balance has dropped relative to its highest point. This answers the common question - what is drawdown in forex trading? In this article, we will elaborate on drawdown. So, keep reading!




















