Comment Text:
i0-001
COMMENT
CL-05185
From:
Sent:
To:
Subject:
randall barron
Monday, February 8, 2010 1:20 PM
secretary < secretary@ CFTC. g ov >
Leverage proposal
I am a little guy. I do not have access to a lot of capital. I used to be a computer programmer, but
when tech crashed I learned how to trade FOREX. It took some time and I lost a little money but as
I got better and better, I made up my losses and made myself profitable. That's a good thing
because in this economy there are no jobs for me. I cannot afford to meet the requirements of
10:1 and this ruling would devestate my ability to earn a living. This is not fake. I am real. You will
create tremendous hardship on me by passing this. Pleas rethink! Using stop loss mechanisms
allows me to set how much loss I am willing to take on any trade. Why isn't this enough? Please, if
you have to lower leverage, lower it to 50:1 as I basically trade at this leverage anyway. Please
think about us little guys. 100:1 or even 50:1 allows us little guys to participate in the market. This
is very important as for some of us, this is the only way we can earn money now.
Randall Keith Barton
480 388 7506
"When fascism comes to America, it will be wrapped in the flag and carrying the cross" - Sinclair
Lewis
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