Comment for Proposed Rule 75 FR 3281
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From:
Scarlett Miller
Organization(s):
Comment No:
2766
Date:
1/22/2010
Comment Text:
i0-001
COIMMENT
CL-02766
From:
Sent:
To:
Subject:
Scarlett Miller
Friday, January 22, 2010 2:55 PM
secretary
Regulation of Retail Forex
This is a bastion of entrepreneurism for folks to learn and excel and take a shot to better their
circumstances.
It is a supremely American idea and heroes emerge .... folks that are going to boring jobs that they despise
can make 20-50K a year with small accounts and become sovereign, not necessarily wealthy.
I hear all of this nonsense about the dangers of leverage and the high commissions (spreads) and I don't
understand it.
I just know that ifI take a $2 trade and the day runs for 80-100 pips, I have banked what a guy
daydreaming in most cubicles makes. I also know that ifI put in a 30 pip stop, I lose 30 bucks or 60
bucks or 300 bucks but it is risk that I have decided on.
It has always been safe for me. I've never blown an account. I have always made back the money I have
lost, I've had an amazing journey of inner and outter knowledge for which I am still hungry.
It has been my exercise in spiritual and financial autonomy that hurts no one and I have spent countless
hours pouring over my first love which is these charts.
I'll be goddamned if these pin heads will take it from me. Say no to 10 to 1!