Everywhere I look I see Australian companies and funds with huge...

Everywhere I look I see Australian companies and funds with huge losses on derivatives. Seems to be almost uniform. The people paid to take these decisions seem to have little competency at it, judging by their performance. Perhaps they had better leave them alone until they can demonstrate some ability to produce a positive result. They draw big salaries to do this, but they would probably do better if they asked the office cleaners to pick a number for their choices. Then they would win about 50% of the time, way better than now.
If they are taking advice on what to do, keep going there. But do exactly the opposite of what they recommend.
More big businesses are destroyed by dud derivative trades than anything else.