In a prop desk ,
I’ve heard the target return is 30% , but what is the max drawdown to achieve that return ?
Achieving 30% with a max drawdown of 5 % (6:1) is very good but again achieving that 30% with a max drawdown of 15% makes it 2:1 profit to max DD.
So in a prop desk , what is considered to be a good profit to max DD ratio ?
Anyone who has experience in prop trading or knows someone who does the same please do give your answers. @Sensibull