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2/4 - Purchased a share or ENR - Energizer Holdings for $34.29 with a target sell price of $37.72. This is a dividend paying stock that just reassured its dividend and hit its 52 week low today. It is also only slightly below its 5-year and all time low. This is a strong company and I believe it will bounce back in the next couple of months to bring us that 10% Return.
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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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