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Comment for Proposed Rule 75 FR 3281

  • From: Hermanto Widura
    Organization(s):

    Comment No: 7299
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07299
    From:
    Sent:
    To:
    Cc:
    Subject:
    hermanto widura
    Saturday, March 13, 2010 11:37 AM
    secretary
    [email protected]
    Regulation of retail forex
    Dear secretary@ctfc goverment:
    Mr David starwick,
    Heloo,Mr...David,.
    R1N3038-AC61 :
    thank you to give me a chance to give some opinion about retail forex in USA,..
    I hope my opinion will be usefull, and become a best opinion to give a
    wise decision in retail forex,..
    MM, my opinion is ¯
    I think, that's good to use leverage by 1 ¯ 100 in retail forex,
    but that is a maximum leverage, in that leverage( 1:100) we can
    really call as a true/really margin trading,,
    I think if in 1:10 1 think that is not a margin trading,..beeause
    that leverage (1:10) is too small/give too small affect,..sir., in
    forex trading as we known usually use( I mean usualy in margin
    trading in 1 lot, (100.000 eontrae size, it's need's $1000, to can
    trade in forex),
    and I think that is ideal size..also I think that is a fair size
    to every one to get an opportunity, for who ones has alot of money or
    who ones just have a few-money they are have same fair best
    opportunity..to trade for everybody),
    For example, ¯ I think Fxdd has a good program/request/give chance
    to customer to choose how- much!how large that(she/he want to trade in
    what demand/how big she/he wants to trade by variation technic to
    trade..and, by given contract size in 1:100, but he/she have a chance,
    he/she can trade in ¯ 0.001, 0.01,. 0.1,0.5, 1, till max 10 lot by
    fill in the amount $ to trade by her/himself,...
    I think, every one, who try / decide to invest/trade in forex
    trading actually know- and must have to know- the risk in forex
    trading, Whatever, he/she just to try, mm speculative, serous or else
    i think to mimialize the risk in forex trading,
    maybe if there is some brave people who want to trade in large
    amount in forex trading for example more than 1000 or 100 lot,.maybe
    the leverage/margin can be review,become 1 ¯ 25 or 1 : 50 or
    l:75,..maybe that will be more useful, and more secure to manage and
    avoid a large loss in forex trading,..to protect usa/or non
    usa..people who trades in forex trading..
    mm I think that's all of my opinion, I do apologize before, if
    may be I've write too vulgar or to brave give opinion sir,...
    thank you to read my opinion, I hope my opinion '11 be
    useful, to become an alternative to you to give a wise decision in
    forex trading market..
    Best regards,
    Hermanto widura