• 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
    • The Cody Willard Show
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Login

Trade Alert – More scaling, but don’t be a daredevil

November 12, 2012 by Cody Willard Leave a Comment

Skill is successfully walking a tightrope over Niagara Falls. Intelligence is not trying. – Anonymous

Bulls got no mojo. The selling pressure continues to swamp the bids and the markets just keep fading lower. Apple’s down after trying to open higher, and I think we’ve got to let it sit for now before doing another set of tranche buying. And how about Facebook? After a strong quarter and proof of accelerating mobile monetization, the stock is back down below $19 a share this morning, after having popped above $24 immediately after the report. FB’s long-dreaded lock up expiration is upon us and I’m to buy back some of the calls calls we sold after the blow out quarter over the next couple days. Looking at the June 2013 expirations with strikes from $20-22.

But, let’s be clear – as I’ve been saying over the last few weeks, let’s not rush back into getting overly long. Perhaps we could navigate the tight rope that is the market right now, but it’s smarter to stick with our long-successful game plan of patiently scaling in and out of some of the fastest growing, most revolutionary stocks on the planet, and shorting welfare-queen companies whose days of profiteering are numbered.

Nobody knows when this selling pressure will end, but knowing our strategy, having hedged/shorted/trimmed before this sell off came gives us the ability to now continue to execute on that playbook.

One of the most important lessons I drive home here is the importance of patience whether you’re a short-term trader or a long-term investor. Don’t let your worries drive you to make mistakes.

Trading and investing is never easy, but with a steady-as-she-goes approach based on rational, cut-throat analysis, you can navigate these types of swings to big long-term success.


Daredevil Nik Wallenda Walks Tight Rope Across Niagara Falls – June 15, 2012

  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Related posts:

Trade Alert: Here's the playbook
CORRECTION: Can't short FEXPX
Trade Alert: Two new value-based Revolution Investing names
Trade Alert - P/E ratio comparisons and time horizons
Trade Alert: Closing time for three positions

Filed Under: Trade Alert

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

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Footer

Disclosure: The firm in which Willard is a partner and/or Mr. Willard has positions in some of the stocks mentioned on this site although positions can change at any time and without notice.

Copyright © 2021 · Magazine Pro on Genesis Framework · WordPress · Log in