Comment Text:
i0-001
COMMENT
CL-03613
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soundview528@aol, com
Sunday, January 24, 2010 7:53 PM
secretary
forex leverage
It is amazing to me that you would arbitrarily drop a 100:1 leverage to 10:1. for Forex traders.
As a new trader I know full well of the risks involved and that I can only lose the amount I have
in my account. There is no margin call. You seem to think you are protecting us ,but come on,
we are adults here and all you will do is end up sending everyone overseas to trade. Finally
there is a way for us to compensate for a ridiculous cost of living and you feel it is your right to
take it away from the middle class, or what is left of it. I implore you to leave the leverage
alone, please.
I have taught my friends and relatives how to trade and for the first time they feel as if they
have some control over their lives. 10:1 will take that all away, because they don't have the
big dollars that the rich do.
Sincerely,
C Braunstein (part time forex trader - teacher)
