Here's something the market veterans won't tell you: being the first one out isn't panic selling—it's called risk management.

While everyone's debating whether we've hit the top, the smart money already secured their exits. They're not sweating the volatility anymore because they acted when liquidity was still there.

Timing your exit before the crowd realizes what's happening? That's strategy. Waiting until everyone rushes for the door at once? That's when you get stuck watching your gains evaporate.

The difference between a calculated move and actual panic is simple: one happens when you still have options, the other happens when you don't.