The strategy that his financial advisor may suggest is:
Shift his portfolio to a more moderate approach.
Step-by-step explanation:
The strategy that got Ronald to this position must have been a high-risk portfolio. Therefore, his adviser should convince him to pursue a more moderate approach to reduce the losses and ensure recovery. However, it is known that high-risk investments attract higher returns than moderate-risk investments. The loss exposure that Ronald has experienced lately may also be cyclical, in which case, it may be more prudent to maintain a long position, as recovery will soon be on the corner.
