On the Desk’s published record (133 closed trades since 14 Nov 2025), the deepest drawdown so far is 13.9R from peak to trough, from the 1 Oct 2026 high to 15 Oct 2026. At 1% risk per trade that is roughly 14% of an account. Every earlier drawdown of 3R or more got back to a new high, the slowest in 13 weeks. On a method that wins under half its trades, a dip of that size is part of the method, so it belongs in the plan before the first trade, not after.
| From the high of | Depth | Lowest point | Back to a new high |
|---|---|---|---|
| 1 Oct 2026 | 13.9R | 15 Oct 2026 | not yet (now 11.0R below) |
| 21 Aug 2026 | 7.0R | 8 Sep 2026 | 1 Oct 2026 (6 weeks) |
| 17 Jun 2026 | 6.7R | 22 Jul 2026 | 4 Aug 2026 (7 weeks) |
| 19 Jan 2026 | 6.4R | 17 Feb 2026 | 21 Apr 2026 (13 weeks) |
A drawdown in R turns into percent through your risk per trade. Each R is one unit of risk, so a 13.9R drawdown is roughly 7.0% at 0.5% a trade, 13.9% at 1% and 27.8% at 2%. The sums are simple; compounding makes the true figure a little smaller.
| Risk per trade | Deepest drawdown | A typical 7R dip |
|---|---|---|
| 0.5% | about 7.0% | about 3.5% |
| 1% | about 13.9% | about 7.0% |
| 2% | about 27.8% | about 14.0% |
That is why prop-firm traders usually size down. A 10% maximum loss leaves no room for a 13.9R drawdown at 1% a trade; at 0.5% it does. The prop firm drawdown calculator works out the room left on your own account.
A method that wins 44% of the time loses more often than it wins, so losses cluster. The record’s deepest dips line up with its longest losing runs and with weeks when several related trades failed together. What turns a drawdown into a recovery is the other half of the maths: an average winner of +1.90R against an average loser of −0.93R.
Every number on this page is computed from the record files when the page is built, with the same rules as the record page: closed trades only, R measured from the original stop as (exit − entry) ÷ (entry − stop), long-term holds counted at the R they booked, and trades in the order they closed. A 0R scratch counts as neither a win nor a loss. When a trade closes on a Sunday update, this page moves with it.
This is one published record, not a law of the market. Past results do not predict future ones, and a different method, market or period will give different numbers.
Every Sunday before the open: analysed swing setups across stocks, forex, gold and crypto with the exact entry, stop and target, an alert when one triggers, the live dashboard and the paid Substack letters.
Get this week’s setupsIt depends on the method and the risk per trade. On this record, which wins under half its trades, the deepest dip so far is 13.9R, about 14% of an account at 1% risk, and 4 dips have reached 3R or more.
On this record, every completed drawdown of 3R or more got back to a new high within 13 weeks. A deeper one takes longer, and a recovery is never guaranteed.
Keep a running total of R in close order. Each time it makes a new high, note it; the drawdown is how far the total falls below that high before it makes the next one.
Cap every loss at its planned stop, size each trade so a long losing run stays bearable, and cut size when several open trades are really one bet on the same theme.