Comment Text:
i0-001
COMMENT
CL-03592
From:
Sent:
To:
Subject:
Michael Johansen
Sunday, January 24, 2010 6:35 PM
secretary
REGULATING LEVERAGE IS NOT GOING TO CHANGE HUMAN
NATURE, NOR WILL IT SAVE THE MINORITY
Many of us who have been trading for years know that leverage is the double edged sword - it is your
friend and it is your enemy.
There is plethera of training options ont there for the novice Trader.
People who come into trading
have a high risk tolerance that does not mean to say that they have actually thought about what they are
doing; esentially this group of people are gamblers. REGULATING LEVERAGE IS NOT GOING TO
CHANGE HUMAN NATURE, NOR WILL IT SAVE THE MINORITY.
WHY SHOULD THE MAJORITY OF TRADERS BE PENALISED FOR THE PROTECTION OF A
MONORITY GROUP.
Regards
