Long-term investing requires the patience to accept volatility and significant pullbacks along the way.
On May 29, when$ServiceNow(NOW)$ was trading under pressure, we started a small position as an observation position.
Instead of rushing in with full size, we gradually built exposure through a disciplined cash-secured PUT strategy, which brought our long-term cost basis down to around $100.
Today, the position is already showing roughly 30% unrealized gains.
But this strategy is not for everyone.
This was designed for investors with larger capital who can tolerate volatility and hold through market cycles.
For smaller accounts, I still prefer a more active approach — short-term and swing trading — to keep capital moving and create more flexible opportunities.
Different capital sizes require different strategies.
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