I bought some stock shares and then, a couple of weeks later, realized what I wanted my long-term stock-trading strategy to be, and this stock does not fit my strategy. I bought the shares in August, and it is now October. How soon can I sell these shares without incurring the tax penalty for selling them too quickly? Do I have to hold them for a year, or is 45 days all that is required, or a different length of time?

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