Comment for Proposed Rule 75 FR 3281
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From:
Neil J Netley
Organization(s):
Comment No:
1043
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01043
From:
Sent:
To:
Subject:
Neil J. Netley
Wednesday, January 20, 2010 4:46 PM
secretary
Regulation of Retail Forex
Sir / Madam,
ID# RIN 3038-AC61.
I am retired and supplement my income trading forex. I have been trading
forex for several years. I have traded stock options and find that forex is
much easier and safer if one controls their fear, greed, and appropriately
manages their risk. Decreasing the leverage will only increase the amount
of money I have to risk.
I believe that every individual should have the freedom and right to choose
the amount of leverage that is appropriate for their individual desired
risk, and that this basic principle of 'choice' is in jeopardy by the
proposed CFTC regulations.
Neil J. Netley
