It works until it doesn't. NO STOP LOSSES, just DCA's on the way down in the hope that it eventually comes back before you get margin called. Of course, if you ACTUALLY have $80K on this strat 1x trading, that will likely never happen. But the strat manager is quick to tell you that you can trade on a fraction of that. Until, of course, you start to get margin called, as it is currently at over -$17K open position drawdown (new max drawdown record). I get that the economy/market is wildly in flux with the "Trump Temper Tantrum" at the moment, but it's exactly this kind of black swan event that kills months of profit in days without proper safeguards. Just an FYI, it will likely come back eventually, but the whole strat is basically "DCA on the way down with no stop losses and hope it recovers before margin call." If that's your style, you'll love it.