Comment Text:
i0-001
COMMENT
CL-05823
From:
Sent:
To:
Subject:
aj [email protected]
Wednesday, March 3, 2010 9:47 PM
secretary
regulation of retail forex
In regards to the proposed leverage adjustments from 100:1 to 10:1. I am
opposed to these adjustments for 2 reasons:
1 The idea of using 100:1 or similar high leverages is a reason I chose to
start trading intially. Using 10:1 leverage would garner less attention
from potential clients.
2 Using a such a small leverage would require me to risk more money to
make the same profit.
A simple solution, why not let people choose anywhere from 10-100?
-Amature Trader,
Adam Cox