2/3 - FB - Meta Platforms had its largest one day drop ever today, shedding over 25%. This stock is being oversold based on information that should only have it slightly down. I purchased one share at $239.97 with a Sell Target of $263.97. This stock, as you may know by its previous name, Facebook, is deeply involved in many daily use applications and in the creation of the metaverse. I think this will bounce back quickly to make 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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