Comment Text:
i0-001
COMMENT
CL-07552
From:
Sent:
To:
Cc:
Subject:
Roi Gunawan
Monday, March 15, 2010 12:20 AM
secretary
[email protected]
Regulation of Retail Forex
Identification Number:
RIN 3038-AC61
Dear
CFTC,
Based on the new proposed rule of leverage 10: 1, i have objection
to this decision. Trading in the US market have made more difficult
to lower the trading risk caused by the FIFO rule, and now we
have to facing the new unpopular rule such as leverage 10: 1, with this leverage level, we risky more money to
transaction placement
than using leverage 200:1 or 100:1. We are just a retail trader that use a little money in trading and lowering the
lost of money as low as possible.
Please make decision that retail trader friendly, and not the opposite one.
the conclusion is:
Personally i'm objection with the 10:1 leverage, and the FIFO rule
Best Regards,
Roi Gunawan
