A solution more practicable, workable and amenable to all would be for – all deals on a particular  account – a running tally be monitored such that …

If Margin + Loss > 50% * Account Funds Then
Broker to Auto-Exit Losers in 1 Lot multiples //until Margin + Loss < 50% * Ac Funds
Repeat as necessary
Endif

With a 50% (of A/c Funds) safety net, above would surely prevent anybody blowing their account?

If loads of us submitted above (or a better idea?) via the broker / ESMA Forms then this would be more effective than saying ESMA proposals are unworkable etc?

GraHal