• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Cancellation Policy
    • Login

Starting today, what companies and positions (options only) would you open…

July 8, 2011 by Cody Willard

It was due.  A pullback, that is. I mean, take a look at this Nasdaq chart:

Chart forNASDAQ Composite (^IXIC)

It was literally straight up for the last week.  And now we get the pullback.

If you were feeling naked or underinvested or like you’ve missed the rally at yesterday’s highs, then you now have a chance to scale into some of the names you don’t own as much of.  There’s no easy answer to this question from a subscriber that came in this morning:

I know the App train left the station with this latest rally. If starting today 7/8/11, what companies and positions (options only) would you open (month and strike). Thanking you in advance for any advice given.  – Warren

==

That first sentence there underscores the feeling of having missed the big move and how frustrating that can be.  But remember, feelings are the enemy of a great trader.  So move past that.  As for the second part of the question there, I don’t have an easy answer.  I’ve spent the last four months slowly but surely and methodically building this portfolio and I’m continuing every day to put the very best trades I can come up with in front of you guys.  I’ve got a new name that we added just last week, Marvell, and I’m still planning to build it up further.

And I also wish I’d bought more Cisco and Corning at the very lows and they’ve barely moved in this big rally so maybe I’d look at those too.  But the fact is that the best I can do is exactly what I’m doing for you guys by outlining the trading actions I’m taking for my own personal portfolio every day right here in real-time.   And it’s just not possible for me to do come up with a “here’s what I’d do if I were starting today” every day and still maintain any sense of discipline or semblance of strategy.

 

Related posts:

US Economy Update: Rise of the Planet of the Apes...
Updates on FFIV and a look at EK's BK
Today's links: Horses, banks and presidents
Let's do this...
Entering A Stock Picker's Market Paradigm (Also, I'll Be On TV Today)
  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Filed Under: Sample, Trading

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Primary Sidebar

Must Read Articles (Free)

How To Invest In Business Models From Outer Space
Everything You Need To Know About Cryptocurrencies

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Buy with Crypto

Footer

This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in