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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: KymarFye who wrote (14241)	9/23/2001 12:53:14 PM
From: fut_trade	Respond to of 18137

"how you're measuring drawdown" The front-month futures contract trades for three months. For that contract I set "max_account" equal to the account balance on the first day of trading and "drawdown" is set equal to zero. At the end of each trading day for the life of the contract "max_account" is updated to the new account balance if the new account balance is higher than "max_account". Next "drawdown" is updated to "max_account" - current account balance if this difference is greater than "drawdown". So my "drawdown" is the maximum decrease from the maximum account balance during the life of a given contract. Actually, I miscalculated the drawdowns in my other post. They are too large because I did not reset drawdown to zero when the new contract started.