PayTrading – Eric Shawn

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What is PayTrading?

PayTrading can be referred to generically as rigidly timed upgrade trading for short-term gain in a long-term construct based on the historical tendency of fundamentally qualified, upgraded stocks to present relative lows at a specific time in the trading day. (from thefounder, Eric Shawn’s site). A unique method of investing in which one gains 1% over an average of 8.4 days

PayTrading seems almost to good to be true, doesn’t it? Eric Shawn states that with just $2000 one can accumulate $1,000,000 in a span of just 10 years. This is assuming a 1% gain per trade over 625 trades. As some people on the Download.com page for PayTrading say, with a $20 commission any gains would be wiped away by commissions.

Want to learn about Forex?

• Foreign exchange, or forex, is the conversion of one country’s currency into another.
• In a free economy, a country’s currency is valued according to the laws of supply and demand.
• In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
• A country’s currency value may also be set by the country’s government.
• However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.