What 2020 Taught Us

One thing that last year taught us was that sweeping forecasts are pretty much a waste of time. Amid a raging virus, a global recession and a rapid markets turnaround, no one could have guessed that a record $120 trillion of stock would change hands on U.S. exchanges in 2020, that Tesla short-sellers would get burned so badly, or that Bitcoin would be such a huge hit with Wall Street.

It’s hard to say which trends will continue into 2021. The forecasts to watch are those that only look one or two months ahead.

On another note, the world has learned a lot about the coronavirus, but we’ll probably never know how it began. One thing is for sure: the U.S. immunization program is running a lot slower than the Trump administration promised. Complacency is mankind’s biggest enemy in this fight.

For the global economy, 2020 was a year of more debt and millions of job terminations. In the U.S., record-low mortgage rates were supposed to ease the pain for prospective homebuyers, but only helped push affordability to a 12-year low.

In regards to earning passive income, with such uncertainties flying around, the best bet is to utilize an automated system that operate 100% on technical analysis.

This way there is no emotions involved and the bot will make profit with the market moving up or down. It will also close the trade when moving to a different direction to minimize risk.

With BrozBot, only trades with 70%+ probability of success are taken. Signals generated under 70% chance of winning are ignored.

Depending on volatility, there can be anywhere between 5 and 10 trade setups on a typical day, and each trade setup may have between 1 and 12 entry points.

In 2020 BrozFund’s yield was 86.9% which represents over 7.2% per month in the low risk strategy.

If you would like to earn passive income and have total control of your capital, try our automated bot. Simply create your account here https://brozbot.com and if you have any questions, don’t hesitate to contact us on support@brozbot.com.