Top Stocks for October 2019: Profit from Fluctuations with a Strategic Plan

Top Stocks for October 2019: Profit from Fluctuations with a Strategic Plan

Top Stocks for October 2019: A Comprehensive Guide

Are You looking for the top stocks to invest in this October? Look no further! In this article, we will be discussing the top stocks for October 2019. But before we dive into the list, let's talk about the importance of having a plan when it comes to trading.

The Importance of Having a Plan

One of the best ways to lose money consistently when trading is by not having a plan. Not having a plan is the financial equivalent of taking a long walk off a short pier. While identifying fluctuations in the market is important, it doesn't necessarily mean that you will be able to profit off them. That's why it's crucial to have a plan in place. In this article, we will be discussing the top stocks for October 2019 and how to Apply technical tools and conservative strategies to profit off their fluctuations.

Table of Contents

  1. Introduction
  2. The Importance of Having a Plan
  3. SES: A Merge-tastic Opportunity
  4. AMD: Consistency is Key
  5. Tesla: A Strong Price Rank
  6. TD Ameritrade: Correcting from Loss of Revenue
  7. Beginner's Guide to Trading
  8. Conclusion
  9. FAQ

SES: A Merge-tastic Opportunity

SES has been making waves in the market with a massive run-up of over 300%. However, buying stocks randomly isn't a sustainable strategy. While identifying fluctuations is important, it's crucial to apply technical tools and conservative strategies to profit off them. SES is a great place to start, but it's important to have a plan in place.

AMD: Consistency is Key

AMD is one of the best opportunities out there when it comes to consistency. While it may not provide triple-digit upside, it has several Patterns that work together to give us opportunities. The most notable pattern is being able to buy in at or below fair value and then ride the price action up every single time. AMD has a history of testing direction and providing overselling entry points, making it a great opportunity for traders.

Tesla: A Strong Price Rank

Tesla has been overextended lately, but it has some strong price ranks. While it may be expensive, waiting for a discount or a cutback could provide a great opportunity. Tesla doesn't have a long history of maintaining its forward Momentum, so it's important to have a plan in place.

TD Ameritrade: Correcting from Loss of Revenue

TD Ameritrade has been correcting from its overreaction to the loss of revenue from their commission-free decision. While it may not correct all the way, we can write the price action until it decides where the correction highs are. It's important to focus on the longer-term time Chart and sell out at a longer-term validation.

Beginner's Guide to Trading

If you're a beginner, it's important to start with companies that have had a negative earnings or a negative news release. Buying discounted stocks that are showing signs of recovery is a lot easier than buying stocks that have already run up massively. It's important to have a plan in place and to always focus on the longer-term time chart.

Conclusion

In conclusion, the top stocks for October 2019 are SES, AMD, Tesla, and TD Ameritrade. While identifying fluctuations in the market is important, it's crucial to have a plan in place and to apply technical tools and conservative strategies to profit off them. Remember to always focus on the longer-term time chart and to sell out at a longer-term validation.

FAQ

Q: What is the best way to lose money consistently when trading? A: Not having a plan.

Q: What is the financial equivalent of taking a long walk off a short pier? A: Not having a plan.

Q: What is the most notable pattern when it comes to AMD? A: Being able to buy in at or below fair value and then ride the price action up every single time.

Q: What is the best way to start trading as a beginner? A: Start with companies that have had a negative earnings or a negative news release.

Q: What is the key to trading successfully? A: Having a plan in place and applying technical tools and conservative strategies to profit off fluctuations in the market.

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