Comment Text:
i0-001
COMMENT
CL-03550
From:
Sent:
To:
Subject:
Lucian Moldovanu
Sunday, January 24, 2010 3:34 PM
secretary
Regulation of Retail Forex
Good evening, I'm contacting you regarding subject R1N 3038-AC61 of Retail Forex Regulation.
I've been trading forex with a retail broker in small amounts, and if you can manage risk on a personal
level, the outcome can definetely be a good one. Of course, Forex is a win-lose game, so the people who
lose money actualy help a lot to the liquidity of the market.
I don't think imposing a 10:1 limit on trading accounts is a good idea, a level of 100:1 (not higher)
would be perfectly
fine. This way, one can secure a nice return, proportional to the huge amount of risk
involved (remember the Markowitz frontier?).
Hope you can consider my opinion too.
Sincerely,
Lucian M.
