Colloidal semiconductor nanowires are attractive materials with polarized light absorption and emissions. Solution synthesis of ultralong (several tens of micrometers) colloidal CdSexS1‐x nanowires with homogeneously alloyed composition through a solution–liquid–solid (SLS) method are reported. By varying the ratio of Se/S, the optical band and their corresponding photoluminescence spectra of the CdSexS1‐x nanowires can be finely tuned from 508 nm (ca. 2.45 eV) to 628 nm (ca. 2.0 eV). In comparison with the low quantum yields of pure CdS and CdSe nanowires (less than 0.1%), alloyed CdSexS1‐x nanowires exhibit enhanced bright photoluminescence emission with a narrow spectral width of 25–31 nm and moderate quantum yields up to ca. 8.8%. Moreover, the randomly oriented ensembles on glass wafers show strong polarized emission with polarization values of ca. 0.6 due to the inherent larger aspect ratio. The combination of these characteristics in alloyed nanowires sets the basis for the spectroscopic study of 1D excitons, as well as the fabrication of nanowire‐based polarized photonic and optoelectronic devices.