Comment Text:
i0-001
COIvIMENT
CL-05020
From:
Sent:
To:
Subject:
David Lopez
Thursday, February 4, 2010 6:10 PM
secretary
Regulation of Retail Forex
I am a forex trader who understands the inherent risk behind leveraged trading. I
believe that in America, Forex Traders should be allowed the freedom to decide
how much leverage to access when making an educated decision on the expected
price movement of a currency pair. Stop/Limit Orders already exist to minimize
losses. Each trader has a responsibility to accept all losses incurred based on poor
life choices. Do not limit the tools accessible to mature & responsible traders
because of a few outspoken & uneducated people who expect to use Forex as a
get rich quick scheme rather than the professional market place that requires
education, hardwork, & most importantly, Discipline!
Please ensure that the retail Forex markets in the USA can grow & capture new
markets by maintaining the 100:1 leverage.
I agree with the brokerage firms minimum requirements!!!
--
Sent from my Palm Pre