I highly recommend a freer ability for retail investors to trade in today's and tomorrow's markets. I have traded for over 50 years. While gamification has appeared to be the basis for younger traders, and highly leveraged instruments can accelerate losses, it is critical they experience a severe loss before they will modify their choices to a less risky form of trading. A serious loss will teach more than tying the hands of those individuals. It did for just about every trader I know and have heard. Restricting is to deny us the right to learn from making a mistake.
John Suter Comment On Regulatory Notice 22-08
I highly recommend a freer ability for retail investors to trade in today's and tomorrow's markets. I have traded for over 50 years. While gamification has appeared to be the basis for younger traders, and highly leveraged instruments can accelerate losses, it is critical they experience a severe loss before they will modify their choices to a less risky form of trading. A serious loss will teach more than tying the hands of those individuals. It did for just about every trader I know and have heard. Restricting is to deny us the right to learn from making a mistake.