I should have the right to invest or trade in whatever I want. It's tough enough to make money without interference from more regulation . Why not spend more time on leveraged products that the big banks trade in that are dangerous.
I've lost a hundred thousand thru ProShares, before they noted their trades were for day trading. I was not aware how rapidly the accounts could drop in value, even when the markets moved in a direction that should have increased their values.
SEC Approves Amendments to FINRA Trade Reporting Rules
With over 20,000 companies whose shares trade either on a U.S. exchange or in over-the-counter markets, there’s ample room for confusion. Fundamental research and an understanding about the way in which stocks are listed and traded can go a long way toward helping you make sound investment decisions.
I use leveraged and inverse funds as part of my trading strategy. It is far less risky than using options in a retirement account. Please allow the continued use of the Proshares offering as I frequently trade TQQQ and SQQQ in my portfolio.
Remember Dodd-Frank? It made one of the safest trading methods illegal - hedging. Obviously, they never spoke to a trader. Just because someone can regulate, doesn't make them smart enough to do it. Hands off my trades.
Why would you regulate this now??
How could your actions be fair?
Im an educated adult. I shouldnt need a license to trade in funds or.you should make ALL investments (especially crypto) require a trading license!!
NO REGUATION ON LEVERAGE TRADING. BY TRADING IN COVERED CALLS IT HEDGES & PROTECTS THE DOWNSIDE RISK. IT IS VERY VERY IMPORTANT TO MAINTAIN THIS STRATERGY. IT ALSO PRODUCES THE INCOME AS I NEED CASH TO LIVE ON SINCE I AM RETIRED AND THERE IS NO OTHER INCOME EXCEPT SS.
I have successfully traded leveraged and inverse funds for years now. I understand the risks and benefits. I find it counterproductive in a free society to have a government preventing investments that aid in leveraging an investment account to individuals who know how they trade.
Good Morning, This proposition is uncapitalistic. Ive educated myself in cryptocurrency and should be able to trade freely. If there is a danger to cryptocurrency then make it known, otherwise, the government or other agencies should not be limiting what can be traded, like China would.