So folks today, we're going to be talking about the top three stocks for November 2019. But for those of you who are unfamiliar with these videos and my unprecedented charm, the purpose of these videos is to present you with opportunities to trade off of. that means finding common patterns. What stocks have powerful patterns such as our comeback pattern of going from oversold to overbought and being able to do that each and every single time or even ones where we have a very clear catalyst and we can just buy any confirmation and then sell out at validation.

If you are a new trader here, you should know that we don't give a hoot about what these stocks do over the long run, as long as they provide us with that sweet fluctuation that we desire as traders. And of course to get you started, I'll be presenting some different strategies that I see value and when it comes to the different picks. but at the end of the day, of course you're going to need to do your own due diligence because you're the one that's going to be responsible for your success. Okay, well before we get into it, the only thing that I ask.

The only thing that I ask is that you hit that ravishing like button. It's very important that you bask that you bask in me ravishing this of this video. Okay, so to start I Want to go ahead and give a shout out to some of the members within Zip trader you this morning Kay R-tx ran up like an inflamed batchi four hundred thirty percent on a positive phase today to release Eddie and Blaster found this before a lot of the run-up and others caught on to these opportunities that I myself didn't even catch. So huge shout out to the folks in Zip Trader You! you guys are doing a great job and I'm really proud to be a part of your trading journey.

Also, shout out to Kim for following the rules and making a solid trade. This morning finally dedicated herself to follow in the rules and this is a reminder of why it's so important to have a clear trading plan and to execute on it 100% of the time. Discipline is key when you're trading stocks. But anyways, Zip Trader U is our premium course for folks who are struggling to grow their account and would like to work in a self-paced and structured environment.

Most if not all traders just stumble into trading and they have no idea what they're doing and they just kind of binge on random lessons and they try to apply that and they don't get anywhere. And of course, as a member, you will also have the opportunity to work with me and other traders in our Zip Trader. You private tutoring, chat and we'll put the link below. but if you have any questions, feel free to direct message me or even comment below and I'll respond okay.

so I do want to start you off? It's perhaps one of the most boring place and this is AMD AMD might be boring, but it's king amongst consistency and there's nothing boring about consistency. Why is AMD king of consistency? Well, that's because it has something that we as traders love and that is the clean pattern of running up with a conservative four or five minute aggregation period. We often get this beautiful price drink open where we go from over salt to overbought and have that clean running up. This means that we can simply buy in at Confirmation and then sell out at validation and you can see that this is a very clean and it's a pretty good chunk of the move.

but a lot of people would say hey, Charlie you clown I want to take two to three hundred percent I don't want to take two percent What a waste of time. What Am I a beggar on the street I Don't beg for crumbs Charlie and I won't listen to you tell me to beg for crumbs. Sounds comedic, but this is a question that I get quite a lot from a lot of people who just started trading and this gets into the whole misconception that training should be easy and quick. However, besides sickness and death, nothing comes easy in this world.

If you want to make money consistently over the long run, you're going to need to work consistently over the long run. Nothing happens overnight, and of course, a few percent per trade is actually excellent. That's a huge amount of gain if you can make that consistently. But I Think a lot of people get discouraged because they seek a R-tx a stock that goes up 400% in a day and they're like, hey, why would I waste my time on these types of positions when there's other positions like that? The problem is that you can catch those when they come out, but they're not that frequent.

If you were trying to trade full-time that means that you have the burden of earning a consistent income from trading. A lot of folks just kind of dabble in trading, and they have the advantage that they don't really need to rely on the income. However, if you're trying to trade full-time or even part-time you have a burden to make a consistent level of income with it. And that means taking a variety of positions and subsidizing the lack of huge Gators with smaller Danner's that are consistent like AMD.

But the key is making sure to only ride when we have clear elevating factors in the morning. What do we have at this point? What elevating factors do we have at this point? Well, look at it. We have an elevating factor of having just been at oversold and now increasing. We have a confirmation of price strikes.

We have an upward direction over our red, directionless in a line and we have heightened volume at the market opened. Remember when you add volume to a upward sentiment stock that is an elevating factor as it helps push it upwards and then boom. we get a validation point out and our elevating factors have turned into deprecating. Once we are overbought, have a lot of downward potential and have a sign of price weakness with this validation point.

So boom, Exit, and take a beautiful gain at this point. And then you're done with that trade and you can take a cup of coffee. Caffeine is the secret to a happy Charlie. But anyways, you held from confirmation to validation and now you have your first profit.

Boom. And you could say but Charlie This is just one day, right? It worked in hindsight, but will it work in the future? Well, the thing is, we've been talking about AMD since the beginning of time, and E is in a long-term consistent uptrend. That means that these patterns happen almost every single day. If you can acknowledge the elevating factors that are there adjusting for elevating factors, you could spot clean run ups, only trade it when we have those elevating factors.

and then you write the price strength up and sell out at validation. it's very important to have those concrete entry and exit points. I Say it constantly. It probably annoys a lot of you, but you do not trade without discipline.

Okay, now, Roku has been doing an excellent job of providing opportunities. Looking at it long term. we've just passed previous resistance. This is significant only in the fact that all the resistance becomes new support.

So we now have less downward potential as compared to a massive amount of upward potential. But the real opportunity is intraday. As we know, most of the opportunities for day trading tend to happen at the market open the first 30 minutes to an hour of market open, and this provides great entry points for us to buy in at pre market discounts and then sell out at validation points outward, allowing us to ride the wave. We are surfers of the stock market folks who ride the waves, but we also have the comeback pattern of being able to buy in and oversold and then hold out until overbought.

And if we had done that in hindsight, we would have made a profit each and every time. But again, when you're trading, you don't have the luxury of hindsight bias. Instead, what you're doing is you're looking at the previous pattern and you're trying to confirm it based on the current price action. So if you see a continuation of the pattern, then it makes sense.

right? If you see it go from oversold, then all of a sudden you start increasing again. Hey, we have a previous pattern conformation. Remember folks, we don't just buy dead dogs on the side of the street. We wait for them to show signs of a recovery.

Okay, next one is Ba now. I've been a huge fan BA because it also has this beautiful comeback pattern. Even if you had just looked at it from me last few days, buying in at oversold and holding out until overbought would have always garnered a profit. Moving further into it, simply buying in at fair value and then selling out at overbought would have also gained a profit.

This is a little bit of an adjustment on the comeback pattern. It's for people who are trying to be a little bit more aggressive in terms of finding entry and exit points, but you can also trade from fair value to overbought or from oversold to fair value if you have a previous pattern of doing so. Or you could use that as one elevating factor in a slew of other elevating factors like price right, so on and so forth. But this uncertainty in Bas price right has really been a huge benefit.

The elevating factor here is the huge Pro of being able to buy in at previous pattern confirmations like we mentioned earlier, but the key is making sure to get in when we are at below fair value or at a good deal. That might mean for example, acknowledging that it is oversold, but then waiting until it crosses back over and starts increasing. Do Not overpay for your stocks, folks. So many people like to overpay for their stocks, but it never makes sense to overpay for stuff just because we trade like spoiled brats does not mean that we need to spend like spoiled brats.

Okay, last but not least, as a bonus stock, because I know a lot of folks are going to ask. We're going to go ahead and talk about what I think of KRK ex Moving Forward Now KRT Ex was the big biotech play from this morning. It ran up like an inflamed batchi on positive phase two data releases. or I should say release.

Well, honestly, moving forward a stock that goes from $16 to $94 in one single day on just a phase data release? Well, that that screams overreaction personally. I Haven't seen something like this for quite a while. I Wouldn't have thought this would have been a huge catalyst. but nonetheless, here we are.

And what's even more surprising is that after this run up, we really haven't seen that many strong signs of pushing back. It's pretty much held its uptrend for most of the day, and we have a large amount of directional strength still in yield. I'd Say the key with this is seeing how it runs in the extended hours and perhaps waiting for increased volume if we are going to play a potential push back. Remember, every reaction in the stock market is an overreaction.

Doesn't matter if it goes up or down, it's an overreaction. The question is how long will the overreaction last and how can we trade off it when it breaks if it breaks and shoots down. All of a sudden, we have they push back play, but we want to make sure that we're not just buying in because it's being pushed back because at the end of the day, there's a ton of downward potential in this opportunity. So that means that we're waiting for price strength on a push back.

Perhaps it keeps running up and we have more of a momentum play, but it's hard to say and at the end of the day. I Don't like to play stocks that are so overextended like this, Because you know out of a hundred trades, if you keep buying overextended stocks, eventually you're going to blow up your account. So when you're taking a position, it's very important that you're looking at this from the perspective of will this trade be sustainable in the future? If the trades not going to be sustainable over the long run, then don't take the trade right. Doesn't matter if you're profitable on one trade, if you go and blow up your account on the second one, or on the fiftieth one doesn't really make a difference.

You need to be consistent in the long run, and that means looking at things from a probability perspective. Overall right, making sure that you're tracking your trades, making sure that you're coming out ahead over the long run instead of just on one or two trades because no one really cares about how you do on one trade, it's about how you do overall in many trades Anyways, folks I Hope this video is helpful for you. If you have any questions whatsoever, feel free to reach out to us below or join our free zip trader circle Facebook Group in it I post lightly watch lists and there's a bunch of folks in there if you'd like to interact with other traders. Of course, if you are having trouble growing your account and need some extra guidance, we also have Zipped Interview which is our premium structured step-by-step course to help you grow your account while also giving you the opportunity to of course work closer with me.

One of the things that really makes me proud is not just seeing folks enjoy their training journey, but also find some level of consistency and structure in the process of learning and in the process of actually growing their account and Zip Trader. You have been the best vehicle that I've come up with in order to offer that to folks. Anyways, have a great day and I'll see you in the next video.