I've built and automated these charts as part of my own trading and risk management system (see below for chart – apologies as sub doesn't allow images)
This sort of analysis is very easy to do but also very useful for anyone running any book that resemble a BTFD-style strategy. Hint: figure out a mapping for how much dip to buy on the way down (but probably not on the way up).
I saw a bit of panic this week after a few down days but those who have been in the game for more than a few years will know this is just drawdown for ants.
Current drawdown: 4.68%
Max drawdown: 55.4%
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