The worst day, measured twice

Closed trades and account equity can describe different daily losses.

Verdict: a closed-trade total can hide how far the account moved while positions were open. Logan booked a 30,247.94 USD loss on its worst closing day.

View of the run	Worst daily loss	What it follows
Trades closed that day	30,247.94 USD	Realised results
Intraday equity drop	6,867.38 USD	Open and closed positions

Why the numbers differ

The closing-day figure assigns a trade's full result to the date it ended. A position may build a loss over several days and place the entire realised amount on only the final day.

The equity view follows the account during the run. It can show pressure from positions that are still open, but its daily result depends on the account level carried into each day.

Logan shows the opposite shapes

Logan's second-worst closing day lost 0.24 USD. That sharp gap means the realised record concentrates nearly all of its daily damage in one event rather than showing a sequence of similar closing days.

The equity record tells a broader story. Its deepest measured point was 68,317.63 USD after a previous peak of 100,636.82 USD, while no single intraday drop matched the one-day realised loss.

Which number should you use?

Use closed-trade totals to understand when losses became final. Use equity drops to judge the pressure the account experienced while positions were still alive. A daily-loss rule normally cares about the second view.

Neither view is a forecast, and one cannot replace the other. Read them together before accepting a claim about a strategy's worst day.

Open the Logan audit for the full drawdown and daily-loss record behind these figures.

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