Comment Text:
i0-001
COMMENT
CL-06936
From:
Sent:
To:
Cc:
Subject:
Paul
Friday, March 12, 2010 7:45 PM
secretary
[email protected]
'Regulation of Retail Forex'
Gentlemen,
Concerning RIN 3038-AC61 I would urge you to reconsider limiting Forex traders to a leverage of only
10:1
The leverage, in this market, should be 200:1 even that was reduced from 400:1
I have been trading Forex for the last 5 years and have seen the leverage reduced to a point
where risk reward ratio is way out of whack.
Most traders manage their funds within their means.
Please don't penalize "everyone" for the very few who shouldn't be trading at all
Thank You
PaulJohnson
