Comment Text:
i0-001
COMMENT
CL-05468
From:
Sent:
To:
Subject:
peter wagemann
Saturday, February 20, 2010 9:42 AM
secretary
posting this comment ??????? reply was sent from you!!!!!!!
where is this posted in the public comment file?
thank you,
peter wagemann
36 camp lane
fairfield, n.j. 07004
201-247-3892
From: [email protected]
To: [email protected]
Date: Wed, 20 Jan 2010 10:18:25 -0500
Subject: RE: proposed changes to forex trading leverage
Your submission has been received by the Commodity Futures Trading Commission. Please be advised that this
acknowledgement does not constitute either Commission approval of the subject proposal or a determination that
the proposal is consistent with the Act and the regulations thereunder.
From:
peter wagemann [mailto:[email protected]]
Sent:
Wednesday, January 20, 2010 5:59 AM
To:
secretary
Subject:
proposed changes to forex trading leverage
Dear Secretary,
I normally never get involved, but this time i need to. I am against any changes to forex trading rules
concerning leverage.
People lose money trading forex not because of leveragebut due to
making
losing trades, just like stocks, ect. When proper cash management of 2% of an account and stop
looses are used, a person can trade successfully. This will only effect the everyday day person- us
small people. I do not have $5,000 or $10,000 to put in an account. These micro accounts are the
only way us little traders have any hope of making any money.
If this passes, I will loose my ability of making the extra money to help me thru this great recession.!!!!
By the way, profits trading are TAXED!!!!! So the government will loose the capital gains paid on my
profits,
if i don't
trade.I URGE YOU NOT PASS ANY CHANGES REGARDING
LEVERAGE!!!!!
Respectively,
Peter Wagemanni0-001
COMMENT
CL-05468
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