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Comment for Proposed Rule 75 FR 3281

  • From: Cthurz
    Organization(s):

    Comment No: 8781
    Date: 3/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08781
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, March 21, 2010 7:16 PM
    secretary
    "Regulation of Retail Forex": RIN 3038-AC61
    To the Secretary of the Commodity Futures Trading Commission, subject" Regulation of Retail Forex": RIN
    3038-AC61. Hello David Stawick, I can't believe your looking for a Fight!, while the economy is in its
    current state? Your trying to disrupt the retail Forex market place in one manor or another and now make if
    exclusive to large banks, corporations, groups and the wealthy. People have invested large amounts of their
    time and or money to learn Forex Trading. The Forex has a benefit of trading with small amounts of money due
    to leverage and minimum margin. I use a broker that has a maximum leverage of 50:1 which I find just right and
    use only 2% of my portfolio per trade with proper risk management. I've spent all my free time for years to learn
    about the Forex trading, technical analysis, Japanese candlesticks, flbonacci, so many indicators, so many
    Books, DVD's, Seminars, group coaching, etc. The learning of various Forex broker platforms, demo accounts,
    etc. You want to require large sums of money for margin requirements! You basically want to prevent anyone
    other than a select few from benefitting from the Forex market place. I'm about to retire and use the Forex
    market to supplement my income. If l can't trade in the United States then I'll trade offshor!! Should you stop
    off shore trading within the United States!!!! I AM SO PISSED OFF!!!!! I'm ready for the next REVOLUTION!!!