Setting up stop-loss and take-profit orders is essential for managing risk in trading. Start by determining your risk tolerance and profit goals. Place your stop-loss just below your entry point and set your take-profit at a level that reflects a favorable reward-to-risk ratio.
In evaluating the FBY strategy for holding META, it's clear that this approach may not align with optimal investment practices. While it offers potential short-term gains, the inherent volatility and lack of long-term stability make it questionable for serious investors.