I took a small knock last week - got out of all geared long positions immediately and missed the worst of it. Down R7k last week. My point was I wouldn't go near a currency future on the Rand. Nobody seems to know which way it's going to go. Trading futures is a zero-sum game,and you are pitted against deep-pocketed professionals. Good luck to those who can profit on Rand future speculation. It's probably a great instrument as a hedge or for forward cover, but I wouldn't go near it as a speculator.