Want to Buy Facebook (NASDAQ: FB) Stock? See This First.

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Facebook is the most influential of all the social media platforms, seemingly owning every segment of the market, consistently releasing new products and connecting people every day. Just as Google buys up properties like YouTube, Facebook buys up social media platforms like Instagram. FB has been trending due to quite a lot of options activity that allows investors to earn quick cash.

Step 1: Open up a brokerage account.

If you want to take advantage of options on FB stock, you must open a brokerage account. Try one of the brokers below, using a list curated by Benzinga to ensure your satisfaction and financial success.

Step 2: Select your number of shares. 

You choose the number of shares to buy based on your:

• Budget

• Position

• • The company’s current state of affairs
  • The volatility of the industry

• Current events

Step 3: Choose an order type.

The order type you choose helps you improve your chances of making money. First, a market order buys and/or sells at the stock’s current price.

You can use a fill or kill order that only happens if it can happen immediately. 

Stop-loss orders prevent losses by selling off stock at a predetermined low price.

Stop-limit orders produce profits by selling off stock at a high price before it can fall again.

Step 4: Execute your trade.

Once you execute a trade, check your portfolio so you know what should happen next. Knowing the state of your portfolio is much better than trading in the dark, assuming all your investments are working perfectly. The stock market is volatile, and you must be proactive if you wish to make money and protect your position on each investment. 

FB History

Using Benzinga Pro gives you insight into Facebook stock—and any other stock you wish to buy. You can make wise investments, check the news and build wealth all in one place.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.