Comment Text:
i0-001
COMMENT
CL-07078
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Sent:
To:
Cc:
Subject:
kevinwrightorders@live, com
Friday, March 12, 2010 10:50 PM
secretary
[email protected]
Regulation of Retail Forex
David Stawick, Secretary
Commodity Futures Trading Commission
Hi David,
In regard to the proposed Forex regulation.. If you do this you will obviously remove profitable
trading from the average American's grasp through US brokers and banks. It's hard enough as it is
to trade profitably and now you're going to make it 10x harder? Not every trade closes profitably.
Nor are there magic indicators that show any person exactly what the market is going to do next
even within an average day in the life of our or any nation's economy. 95% of the people who get in
forex get out because they cannot stay ahead on their account because again its tough enough as it
is. If you want to help American traders you should increase the odds not reduce. In the EverQuest
world they refer to this as nerfing. Like the nerf football. Its soft. Our jobs are leaving the country.
Social security has been ransacked and now you want to do this Marxist one size fits all plan? That's
not American... So David have you moved your Forex account off shore yet?
Peace,
Kevin
RIN 3038-AC61
