So most people who start a small business don’t risk most of their wealth? I’d argue that more people who start small businesses risk a lot more than new retail traders that usually start out with a small amount of money, so once again your argument is invalidated.
Also, leverage is only a problem for people without self discipline. Your argument is the same argument that people use for anything they want to ban. It’s a generic argument. “Ban it cause people could abuse it”. Once again, last time I checked this was America. If you want less freedom move elsewhere, your heroes in Washington have already handicapped this country thoroughly enough.
And frankly, all these restrictions and regulations have dumbed down America significantly. Look at the total lack of common sense we have today. People need to be told what to do, it is not intuitive. In my opinion this is setting people up for even larger failures.
You are just saying the same thing, you have nothing new to add.
You want less freedom, I want more.
And frankly I don’t want you to change your views. I want you to continue to embrace this protectionist, authoritarian, garbage that you have so desperately clung to ever since you stupidly sunk your life savings on a gambling binge.
You suffered the consequences of your own actions. You knew the risks, you knew the dangers and your previous posts prove it: [B]“I have a larger risk because I use the margin call to stop me out and sometimes one loss takes out a big chunk of my account still working on where you are in discipline.”[/B]
You didn’t know how to trade, and you would have wasted even more time on forex since you were clueless as to what you were doing.
I’m glad I haven’t changed your mind, because you would bring a bad name to people that appreciate freedom.
And I know you could care less about legal laws, but as mentioned earlier these regulations are not compliant with the Constitution whatsoever. I know you don’t care, but you really should if you want to guarantee liberty… Never mind. I just remembered you said you want less freedom, so the Constitution would run up against your lust for an authoritarian government.
Also, if you want to be protected immediately from yourself, as mentioned numerous times before, BOOK A FLIGHT TO SOUTH KOREA AND RUN ACROSS THE BORDER TO NORTH KOREA.