Comment Text:
i0-001
COMMENT
CL-02130
From:
Sent:
To:
Subject:
George Thurman
Thursday, January 21, 2010 7:20 PM
secreta ry < secreta ry@ C FTC. g ov >
Retail Forex Leverage
10 - 1 margin in retail forex would likely put the small investor out of the retail forex market,
There is no use to such a change, If a retail client is at all competent and uses the safe guards
provided such as stop losses there is little danger to the consumer, even an incompetent trader is
likely to lose little more if anything than that investment which they mindlessly made, being as
the losses would be stopped out if losses reached the level of required margin, thus being likely
that a totally incompetent would still be able to reclaim there margin. In most cases. However
YOU MIGHT CONSIDER A PLAN TO PROTECT CLIENTS AND THERE INVESTMENTS WHEN THE
MARKETS ARE CLOSED TO MOST CLIENTS BUT THE MARKETS CAN MAKE DRASTIC MOVES
WITHOUT THE TRADERS BEING ABLE TO RESPOND OR HAVE BENEFIT OF THERE ORDERS i.e.:
Stop Loss Orders.
