The new one you’re referring to will almost make Texas DD look like a wise sound investment because at least TDD was trading stocks so it was possible to scale it down to a small percentage to reduce overall impact on your account whereas this new one has already been artificially “resized” (take a look at the fractional futures contracts traded in the past) so that 37.5 % historical drawdown that looks like only $20k was actually much, much higher when traded in real life. There is no such thing as fractional futures contracts so when it goes underwater this time it will be an account-crushing massive vortex sucking in huge quantities of cash of anyone unfortunate enough to be trading it with real money. Should be even more spectacular to watch than the last one.
