Drawdown

The distance from your account's peak to its low. The number that ends careers — cap it.

Related terms

DXY — US Dollar IndexThe dollar vs a basket of majors. The anchor: DXY up usually pressures gold, BTC and EUR.
Day TradingOpening and closing positions within the same day — no overnight exposure.
Dealing RangeThe range between the last major swing low and high — the frame for premium/discount.
Demand ZoneThe origin area of an explosive move UP — unfilled institutional buy orders likely remain.
DerivativeAny contract deriving its value from an underlying asset — CFDs, futures, options.
DiscountThe cheap lower half of the dealing range (below 50%) — where professionals buy.

Terms stick when you use them. The Money Circle academy walks you through them step by step.