What means maximal drawdown in Dollar?


#1

Hi,
what means the maximum drawdown in Dollar?
I think, if I set the lots per one trade to 0,02 (2 micro lots) and the maximum drawdown equals to 1000 pips, it means 1000 * 2 micro lots * 0,1 $ per pip= 1000 * 0,1 * 2 = 200?

Ciao,
INFI1851533F


#2

You are exactly right. It means how much pips in the minus the account has experienced.