1/24 - This is a stock that has been taking a beating with constant 52-week lows that brings its P/E to less than 10. Its a stock that I own 12 shares already and purchased an extra share today at its fresh lows. $23.70 Purchased Price with a Target Sell of $42.00. I am holding this security with a different strategy than the 10% dump.
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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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