I thought it might be helpful to share my own experiences with those of you who have been hit by recent events in the currency market.

All 3 forex systems I have been trading on C2 have suffered losses this week. I can't get onto fxcm at the moment, but I estimate I'm at more than 10% account DD below initial investment on all fx. I've only had my money in fx for 2 weeks, so it's a little frustrating to see 10% drawdown on systems that have been putting in figures of over 200% pa and combined max DD of around 12%.

I'm not concerned, this is only a chunk of my investment capital, so in reality my total capital drawdown is much less. Plus I haven’t got round to diversifying my portfolio in non-fx systems on C2, which is in progress. My mistake was not legging into the systems (That’s what I deserve for not following my money management checklist). This would have minimized the impact of bad timing.

Regarding Si, I would say the best thing to do is just leave him be. Let him relax and focus on the markets with his psychology in peak condition.