Comment Text:
i0-001
COMMENT
CL-03380
From:
Sent:
To:
Subject:
Steve Holland
Saturday, January 23, 2010 7:33 PM
secreta ry < secreta ry@ C FTC. g ov >
Leverage on Forex
I have been trading for a number of years and believe that the leverage rate of 100:1 is entirely
appropriate. I a responsible trader and always operate with a stop loss and only 7.5% of capital
exposed on any transaction.
I am strongly against any reduction in the leverage multiplier efect as it will mean I can no longer
trade full time and wld need some sort of financial assistance. I am nearly 58 and have fouind it
impossible to find a full time job that is not 100% commission only (no retainer).
Do not change the legislation!!!
Sincerely
Steve Holland
Sell your old one fast! Time for a new car?
