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Drawdown Calculator

See how far an account has fallen from its peak, and what it takes to climb back.

USD
Enter a peak balance greater than zero.
USD
Enter a current balance of zero or more.
%
Enter an average win greater than zero.

Your Result

Drawdown 20.00%
Amount lost from peak
Gain needed to recover
Winning trades to get back
Gain needed if it doubles
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The calculation runs in your browser. Rates used for currency conversion are indicative — check your broker for the exact figure.

Drawdown and recovery are not the same number, and the gap widens fast. Losing 20% needs a 25% gain to get back. Losing 50% needs 100%. That asymmetry is the whole argument for keeping losses small, and it is far more persuasive as a figure than as advice.

The calculator also converts the recovery into trades, using your average winning trade as a percentage. Seeing that a 30% drawdown needs forty-three winning trades at 1% each tends to change how people size positions.

When to use it

  • After a losing run, to understand what recovery actually requires.
  • When setting a maximum drawdown rule for a strategy.
  • Before a prop firm challenge, where the limit is usually 8% to 12%.
  • When tempted to increase size to recover faster — the arithmetic argues against it.

The fall is measured against the peak; the recovery is measured against what is left.

Drawdown % = (Peak − Current) ÷ Peak
Recovery Gain = (Peak ÷ Current) − 1
Trades Needed = ln(Peak ÷ Current) ÷ ln(1 + Average Win %)
  • The two percentages differ because they use different bases. A 20% fall leaves 80%, and 20% of 80% is not 20% of 100%.
  • Recovery is compounded, so each winning trade is worked out on the balance after the previous one.
  • Raising risk to recover faster raises the drawdown risk at exactly the moment the account can least afford it.

An account peaked at $10,000 and now holds $8,000. The trader averages 1% per winning trade.

Peak balance$10,000.00
Current balance$8,000.00
Amount lost$2,000.00
Drawdown20.00%
Gain needed25.00%
Winning trades needed23

Working: $2,000 ÷ $10,000 = 20% down, but $10,000 ÷ $8,000 = 1.25, so a 25% gain is required. At 1% per win that is 23 consecutive winning trades — and losses along the way push it higher.

Why is the recovery gain bigger than the drawdown?

Because the two percentages are measured against different amounts. The fall is a share of the peak; the climb is a share of the smaller balance left behind. The bigger the fall, the wider the gap.

What counts as an acceptable drawdown?

That depends on the strategy, but past 20% the recovery arithmetic turns punishing. Prop firms usually fail an account somewhere between 8% and 12% for that reason.

Should I increase risk to recover faster?

It is the most common way a bad month becomes a blown account. Larger size accelerates the recovery only if you win, and deepens the hole if you do not — at the point where the account can least afford it.

Is this the same as maximum drawdown?

Not quite. Maximum drawdown is the largest peak-to-trough fall over a whole history. This measures the current one — how far below the high-water mark you are today.

Enter the PeakThe highest balance reached
Enter TodayWhat the account holds now
See the GapRecovery is not symmetrical
Plan the ClimbHow many wins it takes

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