---
title: "Maximum consecutive losses Meaning - Get Funded Now"
description: "The longest unbroken run of losing trades in a sample. Multiplied by risk per trade it gives the drawdown a strategy has historically produced, which is…"
url: "https://getfundednow.com/glossary/maximum-consecutive-losses"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
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  es: "https://getfundednow.com/es/glossary/maximum-consecutive-losses"
  pt-BR: "https://getfundednow.com/pt-br/glossary/maximum-consecutive-losses"
  fr: "https://getfundednow.com/fr/glossary/maximum-consecutive-losses"
  it: "https://getfundednow.com/it/glossary/maximum-consecutive-losses"
  de: "https://getfundednow.com/de/glossary/maximum-consecutive-losses"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Strategy and performance

# Maximum consecutive losses

The longest unbroken run of losing trades in a sample. Multiplied by risk per trade it gives the drawdown a strategy has historically produced, which is the figure a fixed floor has to absorb.

Also called: Losing streak

GFN’s figure

GFN's floors in streak terms: the 8% 2 Step drawdown absorbs 16 losses at 0.5% risk, 8 at 1% and 4 at 2%. The 5% Instant floor absorbs 10, 5 and 2.

- **2 Step Losses absorbed at 0.5% risk**: 16
- **1 Step Losses absorbed at 0.5% risk**: 16, or 20 with the 10% add-on
- **Instant Losses absorbed at 0.5% risk**: 10

Rough counts that ignore compounding and trading costs; both make the real number smaller.

In detail

## Maximum consecutive losses, explained

Streaks are longer than intuition suggests. A strategy that wins 50% of the time will produce a run of seven losses fairly regularly over a few hundred trades, and the run has to fit inside the account.

This is the calculation that should decide risk per trade on a prop account: worst expected streak multiplied by risk must be comfortably less than the drawdown allowance.

[Rules handbook](https://getfundednow.com/rules) · [More strategy and performance](https://getfundednow.com/glossary/category/strategy)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Risk of ruin](https://getfundednow.com/glossary/risk-of-ruin) - The probability that a sequence of trades takes an account to its breach level before it reaches its target, given a win rate, a reward-to-risk ratio and a risk per trade. It is driven mostly by position size.
- [Win rate](https://getfundednow.com/glossary/win-rate) - The proportion of trades that finish profitable. On its own it says nothing useful - a 90% win rate with one outsized loss and a 35% win rate with large winners can produce the same result.
- [Fixed fractional](https://getfundednow.com/glossary/fixed-fractional) - Risking a constant percentage of equity on every trade, so position size falls after losses and rises after gains. It is the standard position-sizing model and the one most prop rules assume.
- [Maximum drawdown](https://getfundednow.com/glossary/maximum-drawdown) - The total loss an account may take before it is failed. Expressed as a percentage of the starting balance, it sets a floor: touch it and the account breaches, whatever the account has made up to that point.
- [Position size](https://getfundednow.com/glossary/position-size) - How many lots a trade is placed in. It is calculated from the dollar amount being risked and the stop distance, not chosen first - which is the reverse of how most traders approach it.

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Source: https://getfundednow.com/glossary/maximum-consecutive-losses
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt