Nike hit us hard… and that needs to be said too.
I’m not going to sugarcoat it: we entered a PUT before earnings, and we lost. We had over 20 criteria from our “Eagle Trap” system lined up — high RSI, a sharp rally with no solid fundamentals, declining sales in China and the U.S., weak forward guidance, low volume, and too much hype on social media. Everything pointed toward a disappointment.
And yes, the earnings report was weak. Revenues dropped again, guidance was soft, and there wasn’t anything particularly positive. But still, the stock went up after hours. And honestly, I still don’t get why.
My mistake? I thought I entered with 2 PUT contracts as planned, but I accidentally entered with 4. Luckily, I had my risk control in place, or the loss would’ve been even worse.
This was a tough one, but it’s a powerful lesson. Sometimes the analysis is solid, but the market does its own thing. You won’t always win — and you’ve got to accept that.
Now it’s all about keeping a cool head. No revenge trades, no emotional decisions. This loss won’t take me down — it’ll sharpen me. The system still works, and as long as I manage my risk and stay disciplined, I’ll keep growing.
The Eagle Trap isn’t perfect — but it’s smart. And the eagle always comes back to hunt.
I’m not going to sugarcoat it: we entered a PUT before earnings, and we lost. We had over 20 criteria from our “Eagle Trap” system lined up — high RSI, a sharp rally with no solid fundamentals, declining sales in China and the U.S., weak forward guidance, low volume, and too much hype on social media. Everything pointed toward a disappointment.
And yes, the earnings report was weak. Revenues dropped again, guidance was soft, and there wasn’t anything particularly positive. But still, the stock went up after hours. And honestly, I still don’t get why.
My mistake? I thought I entered with 2 PUT contracts as planned, but I accidentally entered with 4. Luckily, I had my risk control in place, or the loss would’ve been even worse.
This was a tough one, but it’s a powerful lesson. Sometimes the analysis is solid, but the market does its own thing. You won’t always win — and you’ve got to accept that.
Now it’s all about keeping a cool head. No revenge trades, no emotional decisions. This loss won’t take me down — it’ll sharpen me. The system still works, and as long as I manage my risk and stay disciplined, I’ll keep growing.
The Eagle Trap isn’t perfect — but it’s smart. And the eagle always comes back to hunt.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.