CHAPTER 9

Analysis

Draw Downs

Our definition of a draw down is the lowest amount of buying power available at any time. This is computed after a close out and the next establishment of another position. It will occur after a loss or series of losses minus the capital used to establish the next position.

The following is a chart for each year listing the largest draw down and the buying power remaining.

Year

Date

Draw Down

Buying Power

1

10/9/14

2,514.00

2,486.00

2

10/15/15

3,972.00

1,028.00

3

11/3/16

2,253.00

2,747.00

4

5/17/17

1,614.00

3,386.00

5

4/18/18

3,047.00

1,953.00

Largest Loss

At any closing of positions this is the largest loss incurred for the year and the resulting buying power available is after the loss is subtracted ...

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