The Mighty Have Fallen

The April trading contest is at the tail end with only 3 real trading days left and the mighty have fallen.  QLaun who led most of last week and the first couple of days this week has fallen from the top.  

 
The top 6 traders sorted by portfolio returns have maximum drawdowns between -4.20 and -17.99.  I found details of some other contests and how they determined an acceptable maximum drawdown level.  

Acceptable maximum drawdown level for aggressive trading should not exceed 15%.

Acceptable maximum drawdown level for conservative trading should not exceed 10%.

Acceptable maximum drawdown level for fund managers should not exceed 5%.

So if I were to use these figures, I would rank contestants as of today this way: 

TOP THREE AGGRESSIVE TRADERS

1. Dumb Luck +24.26%
2. MartinFXUY +14.66%
3. RotcaX +12.52% 

TOP THREE CONSERVATIVE TRADERS 

1. Dumb Luck +24.26%
2. MartinFXUY +14.66%
3. RotcaX +12.52% 

TOP THREE MONEY MANAGERS

1. RotcaX +12.52%
2. Milton +2.91%
3. Netman +1.86% 

Good job guys.  I'm not doing too well.  I'm at -3.05%.  The only thing I have going for me is that my maximum drawdown is -1.17. 

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