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12/29 - Purchased NWL at 21.66 with a Limit Placed to sell at $23.83. This stock has good potential to hit the 10% increase in the next couple months. It is also a dividend paying stock. It is hovering around its 52-Week low and the company has some well known and used consumer and business staples.
1/13 - Update NWL Hit the Sell Limit today of $23.83.
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12/27 - Purchased at $22.92 with a Limit placed to sell at $25.21. This stock has good potential to hit the 10% increase in the next couple months. It is also a dividend paying stock.
Update 1/5 - X Hit its Sell Limit today of $25.21 with a 10% profit in just 9 days. |
Long Term TradesLong Term Trades are trades that are made in a Traditional IRA which are meant for long term growth. I use a different approach which gears to almost only dividend paying stocks and hold assets until they double, in which time I take half back into the cash account so the remaining balance is house money. As with short term, make sure that your IRA is in an account without fees. I recommend the Chase Account as they will also give you an opening bonus. Short Term TradesShort Term Trades are what the majority of my regular trading consists of. Short Term Trades I generally expect a 10% uptick in the stock price in the next 6 moths or less. It is important that you use a brokerage account without fees, to maximize your profits. I personally use Chase as they have no fees and it is easy to use and navigate. They also offer a bonus to sign up with them.
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