System had a good initial run riding a strong trend in silver. When the trend ended, trading became frantic, always a step behind the latest small move. The result is the "death by a thousand cuts" current 40% draw-down in equity right now. Sharpe ratio has dropped ~four points so far during this period. Developer also has had a lot of technical glitches dealing with C2, one of which caused an automatic margin call a few weeks ago that liquidated all positions. Another reminder to stay away from newer systems until they have proved their mettle.