Comment Text:
i0-001
COMMENT
CL-04582
From:
Sent:
To:
Subject:
parviz ahmadi
Saturday, January 30, 2010 11:52 AM
secretary
the CFTC's proposal to limit forex leverage to 10:1
Hello Mr/Mrs,
When I heard about the CFTC's proposal to limit forex leverage to 10:1,
I
really worried, because my basic strategy has been based on the leverage
500:1. This strategy needs simultaneously to open many positions with a lot
or half a lot for each of them. If the CFTC's proposal submits as a rule, I and
other traders who use such these strategies need a huge investment to
trade in forex, and it's impossible.
I protest, as a member of Forex Peace Army, to submit this proposal as a
rule. I hope CFTC omits this proposal, as soon as possible.
Best Regards
Kindest Regards
Spak3060
