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Comment for Proposed Rule 75 FR 3281

  • From: Michael Trapani
    Organization(s):

    Comment No: 6222
    Date: 3/5/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06222
    From:
    Sent:
    To:
    Subject:
    Michael Trapani
    Friday, March 5, 2010 12:58 PM
    secretary
    Comment on forex leverge
    RIN3038-AC61 I understand that that this Iverage is risky, If you need to raise it 10% is a little high for spot trading
    since there is no experation like futures and options. Most traders don't hold these vehicles to long anyway. If you
    need to raise it please try a lower % like at the most 5%! 10% will kill the risk reward ratio. Thank You