Where do I start?
The long RUT did 1.6%, and the SPX and NDX did .60%. I cashed out of this long trade today at the close.

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Charts posted starting on 9-1-09

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What happened since

Said it numerous times on twitter as well.

Individual trades during this time frame

ABX 346%, GFI 214%

MTW 57%; 85%; I think I sold the rest with a 100% gain this one went on and on though. This tweet on $MTW called the BO.

TSO 8%

KOG 40%

DRYS 74%; 33% the rest got sold eod.

Sep 4 $S calls 150%, Some $S Oct calls 25%; 55% in other calls.

NGAS 50% gain, This was the buy

CQP sold rest at 12%; sold half at 15%

I sold out of all my $CEPH calls. This could be a mistake in the making, but I will revisit it. I sold to raise cash and chase higher beta stuff.

My mistakes during this time were $YRCW, $SVA, $DPTR, and $WRES. All of these had huge BTFO moves. Calls in DPTR, YRCW, and owning the WRES and SVA would have cranked big time. These were my mistakes as there was never a reason to sell these on my charts.

New positions include: LDK Oct 10 and 11 calls, POT Oct 95 calls, FSLR 145 calls, SKS Nov 7.5 calls, GILD Nov 49 calls, PBR Jan 50 calls, ROYL 16% & 15%, (Had a righteous breakout. This was on the watchlist.) S Dec 7.5 calls which are lotto plays if S gets a bid by then. CPSL, BPZ, PAL, FRG (today), and sold some AVII today, but kept it for other accounts – didn’t want this to be another mistake – no reason to sell. HK Dec 28 calls, CROX Oct 8 (following volume). Still have EGLE calls, but trimmed some exposure today. Sold EXM calls for 30%. Have LH Oct calls which will lose 100% (this was a option volume chase – stupid play – chart sucked). Have OCNF Dec calls that will probably be worthless, but such a small insignificant position – lotto. ESLR is also a new position.

I’ve been position sizing according to the charts. Better chart gets more money, worse charts get less.

As with options, well at least the way I trade them, they are often immediate losers. What I have been doing is leapfrogging by taking gains from previous trades on stocks that ran and then going into the next sector or stock that is about to move.

Its been a good month.s

Tags: abx, bpz, breakout, ceph, cpsl, crox, dptr, drys, egle, eslr, exm, frg, fslr, gfi, gild, hk, kog, ldk, lh, mtw, ndx, ngas, ocnf, option volume, pal, pot, royl, s, sks, spx, tso, watchlist, wres, yrcw