An equity curve plots cumulative profit over time. It's the headline most people look at — but the more honest number sits underneath it.
Drawdown is the lived experience
Maximum drawdown is the largest peak-to-trough dip in that curve. It's the stretch where the strategy is underwater and your conviction is tested. A strategy you can't psychologically hold through its drawdowns is not a strategy you can actually trade.
Win rate isn't everything
A 40% win rate can be excellent if the winners are large and the losers are small (a high profit factor). Always read win rate alongside average win/loss and drawdown.
Every performance figure on this site is derived from recorded trades and is not a promise of future returns.
SEBI RA INH200009351 · Signals are research recommendations from Hariprasad K, SEBI Registered Research Analyst, delivered through WealthX. They are not investment advice tailored to you and do not consider your individual financial situation. There are no guaranteed returns. Past performance is not indicative of future results. Trade at your own discretion — WealthX never places orders or auto-trades your account.