Robert Carver on How To Build Successful Trading Strategies
Macro Hive Conversations With Bilal Hafeez
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Is There a Maximum Drawdown in the Back Test?
The maximum drawdown to figure that's kind of hard to measure very precisely. People then extrapolate from that say this is the most money you can ever lose. And sadly, that's often wrong. The other thing is that I think the looking at the maximum drawdown kind of gives you a false sense of security because you've lost 40%.
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