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Maximum Drawdown Calculator

Calculate the maximum drawdown and recovery needed after a series of consecutive losing trades.

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Number of losing trades in a row

Results
Remaining Balance$8170.73
Total Drawdown$1829.27
Drawdown %18.29%
Gain Needed to Recover22.39%
FAQ
What is maximum drawdown?
Maximum drawdown is the largest peak-to-trough decline in your account balance before a new high is reached. It measures the worst-case loss scenario for your trading strategy.
Why does recovery from drawdown require a larger percentage gain?
Because gains and losses are asymmetric. A 50% loss requires a 100% gain to recover, since the gain is calculated on a smaller base. This is why limiting drawdowns is critical for long-term success.