The strategy analyzer in NT7 shows cumulative profit and draw down in percentage. Attached is a picture of max draw down. I am confused, percentage of what? My account size?
NT8 shows the max draw down in dollars, so I can easily say "If the max draw down is -$10k, and I am willing to risk 10% of my account, then I can trade this strategy with $100K", but with NT7, I don't exactly know what the max draw down is because the percentage is confusing. I am having a hard time visualizing how much I can risk with this strategy because I don't know what the percentage is really telling me. When it says -23%, what exactly is it referring to?
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