Nike hit us hard… and that needs to be said too.

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.