That's a very bad experience, he over leveraged the account, I will say he didn't follow the risk management plan again, after taking a loss his psychology became messed up and he blew it, that is normal when you don't understand the principles in trading that it involves patience, discipline and consistency, with good risk management, you don't trade all the moves you see, wait for that one story you see all the time, that's the only time you will do well, once you see it happen you wait and engage, having a good risk appetite but it should be a tested strategy not just anything, the successful traders out there don't do what the other 95% are doing, trading is a system and if not followed can't give result