Comment Text:
i0-001
COMMENT
CL-07156
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Sent:
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Cc:
Subject:
[email protected]
Saturday, March 13, 2010 3:34 AM
secretary
cftcfeedback@fxdd, com
Regulation of Retail Forex: ID#RIN3038-AC61
REGULATION OF RETAIL FOREX. ID#RIN3038-AC61
Hello, my name is Junichi Koizuka. I was laid-off in Oct. 2008, shortly after the Lehman-Shock.
I was working in the car industry that was hit very hard. I lost my job and naturally lost my income.
I understand now that you are taking away a means to make a living for everyday pepple like myself.
Retail Forex trading is the only last thing left for small person to make money by its own, without having a job.
Having a job today is extremely difficultlt particlualrly for a age brakcet of 60 plus. I am 62 years old.
All am trying to do is to make a living by my own by the means of Trading Forex, because I can not
find a job any more. And you are taking away the means for me to make a living?
It is equal to asking me NOT to live any more.
Retail Forex trading is SAFE, as long as you learn how to trade and always put STOP.
Then you will always know that how much you could lose and not more that you set.
I spent 2 years practising demo trade.
I trade Retail Forex in MINI trade. When I trade 3portion of Mini then I could lose $75(seting 25pips stop) and
none more but on the other hand, I could make $150, descent amount. That is the type of trade I do and many
other Retail Traders do. It is a humble way of making a living.
And you are taking that away? My understanding on Democracy is that the Government will protect the citizen,
everyday people, NOT hurting the everyday people. This exactly what you end up doing here by limiting the
Levereage. There are many many many people like me, lost a job and trying to make a descent living by Forex
Retail trading. This is the only thing left for everyday people to make money with very small amount of capital,
because of the leverage. Please, Please, do NOT take a way my means of making a living. If you take this away,
you are asking me NOT to live, to DIE.
Please Please Please Please Please do NOT KILL EVERYDAY PEOPLE, SMALL PEOPLE.
