There's a small chance he can pull it off and return to a path of success.Better to just stop now. Keep what's left. Many traders have already left the premises, no point "donating" money to whoever's left.
More likely, though, is consistent drawdowns that most traders face until the account is gradually wiped out by continuously getting out of losing trades, or losers that exceed winners.
If trading is a battle for survival, then it's more like the gladiators of ancient times where only one man is left standing.
