Hey everybody, this is Tom Nash and Palantir is hitting new highs. The 52-week high for volunteer is currently in the making. Yesterday we closed at 18 and 13 cents. Right now, as you can see on the screen, the price action is up to 18.4 and it's testing new highs.

What does this mean for me? Why am I issuing this warning And how does this completely change my dollar cost average about Palantir now? One thing I Want to explain here and I don't like to brag, but here's something: I Posted on our Patreon page just a week ago on July 12th I Posted this on our Patreon page and I told you hey mother lovers, this is what's going to happen this week and this is exactly what happened I told you it's going to go from 16 to 18 because of the things I explained here and also told you I'm not trading this stock I Don't care, but if you were to trade this, there's a nice little profit here lying around. Of course this is not. Financial Advice: This wasn't neither, it's just my opinion. In fact, my opinion was spot on.

This is exactly what happened. So obviously you know it's nice to get it right. but that's not the point of this video. Let me bring back the stock price.

Now the stock price is currently making new highs and I Care about this now. Obviously, as a long-term investor, you're not obsessing about the share price, except when it matters and it matters in one specific area, one specific category in which it's absolutely critical for you to see which is the new 52-week high. My system is based on understanding where the 52-week high for the stock is. currently.

the 52-week high is on the screen: 18.35 cents. Yesterday we closed at 18.13 for stability's sake, because we don't know what's going to happen with the share price today. let's use 18.13 as our 52-week high. And how does this change my strategy? completely? Check this out.

This is super super important. I'm gonna do it in two minutes. Two minutes stops now I Use a system that's called dollar Cost average I Dollar cost average when the share price is high I Dollar cost average when the share price is low, but the amount of my dollar cost average changes based on the share price. Let me pull this up on the screen to show you this was before the change.

This is how the Palantir strategy for me looked like be before yesterday: Seventeen dollars and sixteen cents was the 52-week high and for me, ten percent below that was 15.44 The green area, which is 10 below the 52-week high is where I doubled down on my dollar cost averaging. The red area is anything above that threshold amount of 15.44 is where I Normally DCA I Don't cost average all the time, but the amount changes based on the current price of the share. If it's within the green zone, I'm doubling within the red zone I'm DCA Normally Now yesterday Everything Has Changed I'm gonna do it in exactly one minute, not more I Don't want to waste your time, you're busy I Understand this so no fluff today. Look, look at this thing right here: Everything Changes Today this is what it looked like when the trading stopped yesterday.

This is exactly how it looked like. 18 and 13 cents became the new 52-week high. Which means that it raised the threshold amount from 15 to 16.3 Dollars Now currently, the new 50 is being formulated today, so it might change. For example, if we go to 18.4 it's going to make our threshold amount 16.5 But for the purposes of this video, Let's assume it's going to end at 1813..

in that case, my Red Zone starts from 16.3 Anything below 16.3 I'm going to double down anything above 18.13 and between that range from 18.13 to 16.3 is my Red Zone in my red zone I'm normally dollar cost averaging The point here I'm making is very, very simple. The point is that I want a dollar cost average into the stock all the time. but I want a dollar across average more when it's below the average when it's below the average I'm dollar cost averaging more. Hence, at the end of the day, in two years time, three years time, Five years time, 10 years time, my average cost basis in the stock is way closer to the bottom than it is to the top.

And I haven't tried to time the market I Spent little to no time on this stock whatsoever except researching it on the movements, the technicals. No anxiety, No. Panic No emotions. Absolute.

you know, statistical. Heaven Almost to the point where it's a system. It's a discipline and you just do it almost in a mechanic way. Now, obviously the strength of this model comes not from the DCA which is easy.

You just point a number and you say, well. 10 below the 52-week high. It's easy. But the hard part is number one.

Finding these companies Palantir isn't the only company in the world, and if you want to learn more about how to find more of these companies, join their patreon on the screen now. Painting.com Forward slash Tom Nash We teach this system how to find good companies, how to properly run your own DCF How to analyze how to become a better stock evaluator How to become a better, long-term investor To find your own system to find your own process, your discipline. Benjamin.com Forward slash Tom Nash We have a brand new Academy it's called Toms Academy where I teach these things. We have an absolute amazing Discord which is a living breathing thing where you can see everything about.

You know what's going on in our community? I'm just going to show you on the screen real quick as it is right now I'm not even touching anything. this is our members chat. This is our public chat. As you can see here on the screen, there's a lot going on.

We have a Tesla room. We have a Palantir room and by the way, in our Palantir room I Allowed myself to brag here a little bit. I posted this: I mean you know you take the wins, you take the ills, but in this case we definitely take the win here. Beautiful setup, changes the dollar cost, average strategy completely.

It's important to understand that if you learn more about this, head on over to our Discord to repeat. The link is going to be below Patreon.com I'll see you there all the best and don't forget Palantir is the deal.