What should I do when the market or a trade doesn't go as expected?

In this video, we dive into a live trading session packed with in-depth analysis and actionable insights. Today, we covered several key stocks including Citibank ($C), General Motors ($GM), Etsy ($ETSY), and Space ($SPCE), looking for the perfect trade setups. We also discussed the broader market outlook and how to stay disciplined during uncertain market conditions.

Key Highlights:

Etsy ($ETSY)

We spotted a powerful downtrend in Etsy, showing a sharp decline of 11% since July. This setup provided a textbook short trade opportunity, confirmed by the alignment of the 10-, 20-, and 50-period moving averages. With a sell signal triggered today, Etsy stood out as the top candidate for a profitable trade, giving us a performance boost of 6.93%.

Citibank ($C)

Although we missed a trade on Citibank, it was an excellent case study in price movement within order blocks. Yesterday, Citibank closed outside of an order block, causing it to disappear, as expected in technical analysis. While we didn’t execute a trade, it served as a great learning example for spotting these setups.

General Motors ($GM)

GM showed some signs of weakness but has been moving sideways, lacking a confirmed downtrend. Although there was a 5% drop today, the technical indicators weren’t fully aligned, so we held off on taking this trade. We'll continue monitoring for stronger signals.

Space ($SPCE)

Space offered a clear sell signal on August 29th, which we reviewed in today’s session. The stock has dropped 8% in just seven days, showing a well-defined downtrend. This was a great example of how to capitalize on a short trade during a bearish trend.

Nike ($NKE)

While Nike gave us a sell signal today, the indicators didn’t fully confirm a strong trade. Without the red downtrend overlay, it wasn’t the right moment to enter, but we’ll keep an eye on it for future opportunities.

Market Overview

The broader market was bearish across most sectors, with only real estate and consumer staples holding steady. We followed our trading rules strictly, refusing to take trades unless all the conditions aligned. This discipline is key to avoiding unnecessary risks, especially in volatile market environments.

Stay Disciplined, Stay Profitable

Trading isn’t just about jumping into the market at any sign of movement; it’s about waiting for all the conditions to align. This session is a reminder that patience pays off. We may not have taken as many trades today, but we’ve set ourselves up for potential wins tomorrow. Thanks for tuning in!

Make sure to subscribe for daily insights and live trading sessions!

#StockTrading #ETSYStock #ShortTrades #TechnicalAnalysis #BearMarket #TradingStrategy #GeneralMotors #SPCEStock #Citibank #MarketUpdates #DayTrading #TradingRules #StockAnalysis

NO INVESTMENT ADVICE. The information available through the Service is for general informational purposes only and references to specific securities, investment programs or funds are only for illustrative or educational purposes. No portion of the Service is a solicitation, recommendation, endorsement, or offer by OVTLYR or any third-party service provider to buy or sell any securities or financial instruments. You should not construe any such information or other material on the Service as legal, tax, investment, financial, or other advice. OVTLYR is not a fiduciary by virtue of any person's use of the Service. You alone assume the sole responsibility for evaluating the merits and risks associated with your use of any information on the Service. Nothing herein constitutes an offer or a solicitation of the purchase or sale of any security to any person in any jurisdiction in which such an offer or solicitation is not authorized. All purchases and sales of securities must and are to be made through a registered securities broker or dealer of your choosing with whom you have a contractual relationship and have agreed to accept such broker's or dealer's terms and conditions.