High P/Es, insider selling and earnings misses. October is not off to a promising start as stocks continue their slide with big losses on all the major indices. In a negative environment such as this, it is wise to sell any stock that is not performing well. And stocks that have a high price-to-earnings ratio with a history of heavy insider selling or earnings misses should be at the top of your list. This month, our list of stocks to sell puts a heavy emphasis on those with a high degree of risk in these categories.

However, remember that bear markets are characterized by big rallies, usually as a result of short covering. And the market is currently very oversold and due for a bounce. So use that as an opportunity to unload these risky stocks or enter short positions.

Here is our list of stocks to sell in October: