There are significant differences between Canadian Stocks and US Stocks when traded on the Toronto Stock Exchange. The TSX for one thing is very small especially in comparison to the larger US Stock markets. For another, the market makers who maintain he various stock prices are more conservative and far less willing to keep bids and asks tight. Another area of concern are options which tend to be thinly traded and often have wide bid and ask spreads. I have found that most of the strategies I developed for US Stocks have to be modified when used against Canadian stocks to be truly profitable. The 10-20-30 moving averages strategy is one such example.
BCE Stock and 10-20-30 Moving Averages Strategy
Last year I did a number of BCE Stock trades using the 10-20-30 moving averages strategy. The stock is ideal for this type of trading.
This trade alert discusses the past two trades in BCE Stock and looks at 3 other trade possibilities including Put Credit Spread which could return 6.3% against capital in use.
This strategy article is for Canada members only.
BCE Stock Trade Alert – 10-20-30 Moving Averages Strategy
FullyInformed Canada Members can read this BCE Stock trade alert and strategy discussion directly through this link or they can sign in to the full Canada members site here. Non-members can join here or read about the benefits of joining FullyInformed Canada.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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