The markets have been pretty much anybody?s guess the past couple of years, but 2020 has been crazier than any other of those years. Predicting the markets is not an easy game, or we would all be millionaires. However, there are usually signs to be looking for. This year, everything we knew went right out the window. The markets have not behaved the way many analysts would have predicted. That makes planning and risk management so much more important.
Audio: Full interview with Kent Beadle of CHS Hedging
Kent Beadle is Director of Producer Brokerage at CHS Hedging. He is a very respected sage when it comes to understanding the ups and downs of the market at any given time. He says that this year?s markets traded emotionally, and not logically.
Beadle says there is no good in looking backward. We cannot trade the past. We need to look at what the markets will be taking stock of these next weeks and months. The markets are still seeing some good numbers. We can only trade the numbers we have today and future movements.
No matters how the markets are acting or reacting, you must put a plan in place. There is no need to try and get fancy or greedy. Beadle says to simply stick with what works.
You can learn more about the services CHS Hedging offers by visiting their website.
