Definition of drawdown
The drawdown is the measure of the decline from a peak to a low point. I could be expressed as a percentage or a value.
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Risk warning: Contracts for Difference ("CFDs") are leveraged products and carry a significant risk of loss to your capital, as prices may move rapidly against you and you may be required to make further payments to keep any trades open. 74%-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.