Originally Posted by lolpie

I'm new to Forex trading, and I'm confused about these results. If someone could help me out I would REALLY appreciate it.

Backtest on Demo:
I ran a backtest on an EA and the results look good, it only loses one trade at the end. However the drawdown is really high, and I don't know what drawdown means , but people say its bad without explaining

Backtest on Live account:
Because the results looked good, I made the mistake of opening a real account and lost $200 immediately. I then ran a backtest lost $200 there as well. Can someone explain why? All the settings are the exact same in both the demo and live account

My broker is forex.com, I signed up through forexte.com.

Any help would be appreciated

Thanks