📺💡Why Knowing When To SELL Matters More Than Buying:
$PLTR Example Please ❤️like, 🔖bookmark, and 🔁share with fellow growth stock traders/investors In this Short Insights video from Nov 3, @dvandenbord explains why knowing when to sell is just as important as knowing when to buy, using his recent $PLTR trade as an example of disciplined risk management in a challenging market. * Palantir has fantastic fundamentals and delivered an excellent earnings report, but that didn't stop the stock from selling off. As Don emphasizes, what matters isn't how good the earnings were, but how the market reacts to them. * After exiting his previous $PLTR position around $197 a couple of weeks earlier, we watched the stock break down from a short-term flag formation following earnings. Rather than chasing the stock or blindly buying the dip, we waited for a more attractive entry point near major technical support. That opportunity appeared around $163–$166, where several important technical levels converged: the previous cup-base breakout pivot near $164, the 100-day moving average, and the stock's intraday low. * In a choppy or declining market, Don argues that buying near major support offers a better probability of success than chasing breakouts. More importantly, it allows traders to define their downside risk before entering a position. * Don initiated a small $PLTR position on Tuesday using a time-weighted average price (TWAP) algorithm, gradually accumulating shares as the stock began showing signs of stabilization. The initial trade carried just five basis points, or 0.05%, of total portfolio risk. * The intraday action initially looked encouraging. #PLTR broke above a small flag formation, successfully retested the breakout area, established a higher low later in the session, and closed near the top of its daily trading range. However, a potential bottom is not the same as a confirmed reversal. * Don identified $173 as the first warning level. A break below that price would raise concerns about the stock's ability to sustain its recovery. If $PLTR subsequently broke below $169 without an immediate undercut-and-reclaim, he planned to exit the entire position, accepting an estimated loss of just three basis points, or 0.03%, of portfolio capital. And that's precisely why this lesson matters today. * Today, on Nov 4, $PLTR has fallen another nearly 3% to approximately $170.48, already breaking below Don's initial $173 warning level and approaching the critical $169 exit threshold. The trade is now being tested, demonstrating why even the most promising technical setups require clearly defined exit strategies. * The broader lesson is simple: in a weak market, the objective isn't to catch every bottom or prove that your analysis was correct. It's to identify favorable risk/reward opportunities, keep positions small, and exit quickly when the price action invalidates your thesis. Strong fundamentals won't protect you from a falling stock, and buying at support doesn't guarantee success. * Successful trading isn't just about finding the right stocks to buy – it's about controlling losses when you're wrong and preserving capital for better opportunities. Knowing when to SELL can matter far more than knowing when to BUY. * Learn how @RevereAsset can help you protect and grow your capital ▶️ https://t.co/16JVeFNbbB More information about Revere Asset Management is in the FAQ section on our website, along with additional insights into our investment process, portfolio structure, and onboarding.