Comment Text:
i0-001
COMMENT
CL-00965
From:
Sent:
To:
Subject:
Mark Miller
Wednesday, January 20, 2010 11:38 AM
secretary
proposed changes to Forex trading leverage
Dear Secreta ry,
I normally never get involved, but this timeI needto. I am against any changesto Forex
trading rules
concerning leverage.
People lose money trading Forex not because of
leverage
but due to making
losing trades, just like stocks, ect. When proper cash management of 2% of an account
and stop
looses are used, a person can trade successfully. This will only effect the everyday day
person- us
small people. I do not have $5,000 or $10,000 to put in an account. These micro accounts
are the
only way us little traders have any hope of making any money.
If this passes, I will loose my ability of making the extra money to help me thru this great
recession.
By the way, profits trading are TAXED!!!!! So the government will loose the capital gains
paid on my
profits,
if i
don't trade.
I URGE YOU NOT PASS ANY CHANGES
REGARDING LEVERAGE!~
Respectively,
Mark Miller
Cell: (724) 600-5744
Email: [email protected]
