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Comment for Proposed Rule 75 FR 3281

  • From: John Dorozan
    Organization(s):

    Comment No: 4349
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04349
    From:
    Sent:
    To:
    Subject:
    John Dorozan
    Thursday, January 28, 2010 11:31 AM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Hi you probably have received many email from Forex traders like myself so I will make it brief. I
    have been trading with OandA for 4 + years. Retail Forex trading is difficult but I think these new
    rules especially changing the leverage will make things even more difficult. Good traders know how
    to manage money. Using the proper leverage is part of that. Most traders will agree 400:1 is too
    high but I think a trader knows the risks when he/she is using that leverage. I think 10:1 is way
    too low. I personally use 50:1. Bottom line is I think a trader should choose for himself/herself.
    Signed,
    John
    John Dorozan [email protected]
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