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Comment for Proposed Rule 75 FR 3281

  • From: David Hector
    Organization(s):

    Comment No: 7333
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07333
    From:
    Sent:
    To:
    Subject:
    David Hector
    Saturday, March 13, 2010 1:23 PM
    secretary
    Limiting leverage on ForeX trades
    Dear Sir / Madam:
    Limiting leverage is a stupid idea. Traders are attracted to high leverage trades and the fact that leverage is high
    is no measure of risk. Each trader carefully measures risk by limiting the lot size per trade vs. the stop loss on the
    trade. These are basics in ForeX trading.
    So please do not limit leverage in the ForeX market!
    David Hector
    5321 S. Geneva Way
    Englewood, CO 80111
    Phone: 303-796-8239
    Cell: 303-907-4089
    FAX: 866-644-9258