50% DD on the floating equity, yes. Not fun. Of course if there hadn't been such a huge run up in the equity, you wouldn't see the DD.
As far as aggressive MM, that's for each one to decide based on their risk tolerance. Personally I don't view risking 1-3% of account equity with a trailing stop overly aggressive. Nor is trailing the stop by a couple of ADR. Especially for a smaller account size. If I was dealing with tens of thousands of dollars then I would personally want to drop the risk down.
dude...I wish I had your attitude.