Booker Spread Betting
Where Can I Spread Bet on Booker? |
You can currently trade commission free on Booker through an account with any of these providers:
 |
| Broker Ratings - Sponsored by IG |
The following table takes the last 4 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Booker:
| 24-May-13 |  | Neutral | Based on last 4 Ratings | 129 | 132 | 2.52% |
A look at the latest Booker broker ratings:
| 24-May-13 |  | Overweight | JPMorgan | 129 | 140 | 8.50% | | 23-May-13 | | Buy | Investec | 131.6 | 140 | 6.38% | | 25-Apr-13 | | Overweight | Barclays | 119.4 | 115 | -3.70% | | 04-Apr-13 | | Buy | Investec | 122.8 | 134 | 9.10% | | 17-Jan-13 | | Buy | Investec | 99.65 | 108 | 8.40% | | 03-Jan-13 |  | Underperform | Exane BNP Paribas | 97.8 | 85 | -13.10% |
For the latest UK broker ratings see Daily Trading Tips.
The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.
Advert:
Booker Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Booker with
Financial Spreads.
|
Where Can I Find Live Spread Betting Prices and Charts for Booker? |
The live CFD trading chart and prices below will provide you with a valuable guide to the Booker market.
The Plus 500 chart above usually tracks the Booker futures price (not the daily market).
Should you want to access spread trading prices/charts for Booker, you will need to apply for a spread betting account.
You can also use a spreads account to access the shorter term daily markets. Users should note that such accounts are normally dependent on status, credit and suitability checks.
If your new account is accepted then, when you log in, you will be able to look at the up-to-the-minute prices/charts. Usually, these will be provided for free. Having said that, you will probably get an occasional call and/or email from the financial spread betting company.
Of course, if you do trade then, before you start, remember that financial spread trading and contracts for difference do carry a high level of risk to your capital and can result in losses that exceed your initial deposit.
Technical Charting Packages for Booker |
Although charting software/packages normally differ across the various providers, in order to assist you with your trading, they generally have user friendly features that include:
- A host of different time intervals - 3 minutes, 15 minutes, 1 day and so on
- A variety of chart views - OHLC and candlestick charts
- Drawing options - Fibonacci arcs, time zones and fans
Charts from InterTrader also have more advanced aspects like:
- Tailored Indicators and Back Testing
- Key overlays - Bollinger Bands, Parabolic SAR, Price Channels and so on
- Secondary indicator charts - Relative Volatility Index, Standard Deviation, Aroon and so on
- Automatic alerts for when your chosen market hits a particular price
FinancialSpreads trading chart
The financial spread betting companies in the list below give clients access to real-time trading charts/prices:
Where Can I Spread Bet on Booker for Free? |
Speculating on the markets always involves a degree of risk, however, if you'd like to try a completely free Test Account, where you can check professional charts and trial financial spread betting, then please see below for further details.
When thinking about which trading option is right for you, also remember that, in the UK, financial spread betting is free of stamp duty, capital gains tax and income tax*.
If you're interested in a free spread trading website, note that you can trade Booker without having to pay any commissions or brokers' fees with:
Should you want a Practice Account in order to try online spread betting, and speculating on markets like EUR/USD, the DAX 30 and Booker, then you could have a look at:
Each of these spread trading companies currently offer a Practice Account which lets investors test trading strategies, look at professional charts and gain experience with orders.
How to Spread Bet on Booker? |
If you want to speculate on firms like Booker then one option could be to spread bet on the Booker share price.
Looking at a spread betting site like Capitalspreads, we can see they are valuing the Booker Rolling Daily market at 102.2p - 102.7p. As a result, you can spread bet on the Booker shares:
 Rising above 102.7p, or
 Falling below 102.2p
Whilst financial spread trading on UK equities you trade in £x per penny. So, if you decide to have a stake of £5 per penny and the Booker share price changes by 26p then that would change your bottom line by £130. £5 per penny x 26p = £130.
Rolling Daily Equities Markets
It is important to note that this is a Rolling Daily Market and so unlike a normal spread betting futures market, there is no settlement date. As a result, if your trade is still open at the end of the trading day, it simply rolls over to the next session.
If you do roll over a position and you are spread betting that the market will:
Go up - then you are normally charged a small financing fee, or
Go down - then you'll often receive a small payment to your account
If you would like a fully worked example then see Rolling Daily Spread Betting.
Booker Rolling Daily - Equities Spread Betting Example |
Now, if we consider the above spread of 102.2p - 102.7p and make the assumptions:
- You have analysed the stock markets, and
- Your analysis leads you to feel the Booker share price is likely to go above 102.7p
Then you may decide that you are going to go long of the market at 102.7p and invest, for the sake of argument, £20 per penny.
This means that you make a profit of £20 for every penny that the Booker shares increase and go higher than 102.7p. However, such a bet also means that you will make a loss of £20 for every penny that the Booker market falls lower than 102.7p.
Thinking of this in a slightly different way, if you were to ‘Buy’ a spread bet then your profit/loss is worked out by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that difference in price by the stake.
As a result, if after a few days the share price rose then you might want to close your spread bet in order to guarantee your profit.
As an example, if the market increased then the spread, determined by the spread betting firm, could change to 108.0p - 108.5p. You would close your spread bet by selling at 108.0p. So, with the same £20 stake your profit would come to:
Profit = (Final Level - Initial Level) x stake
Profit = (108.0p - 102.7p) x £20 per penny stake
Profit = 5.3p x £20 per penny stake
Profit = £106.00 profit
Speculating on shares, whether by spread trading or otherwise, is not always simple. In this example, you wanted the share price to increase. However, the share price can also fall.
If the Booker stock had fallen then you could close your position to stop any further losses.
Should the market fall back to 98.1p - 98.6p then you would sell back your position at 98.1p. That would mean you would lose:
Loss = (Final Level - Initial Level) x stake
Loss = (98.1p - 102.7p) x £20 per penny stake
Loss = -4.6p x £20 per penny stake
Loss = -£92.00 loss
Note - Booker Rolling Daily spread betting price correct as of 31-Oct-12.
Advert:
Booker Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Booker with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Booker Spread Betting' by DB, updated 24-May-13
For related pages also see:
Spread Betting on FTSE 250 Companies, updated 23-May-13
Spread Betting on FTSE 250 shares: Individual guides to FTSE 250 companies with broker ratings. Plus where to get live charts and prices for FTSE 250 companies, worked spread betting examples and...read article: Spread Betting on FTSE 250 Companies.
Kazakhmys Spread Betting, updated 23-May-13
Kazakhmys spread betting guide with live Kazakhmys share prices and charts. Plus, broker recommendations on Kazakhmys, where to spread bet on Kazakhmys shares tax-free* and commission-free, how to spread bet on the Kazakhmys share price and...read article: Kazakhmys Spread Betting.
Pennon Group Spread Betting, updated 23-May-13
Pennon Group spread betting guide with live Pennon share prices and charts. Plus, broker recommendations on Pennon, where to spread bet on Pennon shares tax-free* and commission-free, how to spread bet on the Pennon share price and...read article: Pennon Group Spread Betting.
Debenhams Spread Betting, updated 22-Apr-13
Debenhams spread betting guide: live Debenhams charts and prices. Plus, broker ratings on Debenhams shares, where to spread bet on Debenhams shares commission-free and tax-free*, how to spread bet on Debenhams and...read article: Debenhams Spread Betting.
Dixons Spread Betting, updated 16-May-13
Dixons spread betting guide: live Dixons charts and prices. Plus, broker ratings on Dixons shares, where to spread bet on Dixons shares commission-free and tax-free*, how to spread bet on Dixons and...read article: Dixons Spread Betting.
Home Retail Group Spread Betting, updated 02-May-13
Home Retail Group spread betting guide: live Home Retail charts and prices. Plus, broker ratings on Home Retail shares, where to spread bet on Home Retail shares commission-free and tax-free*, how to spread bet on Home Retail and...read article: Home Retail Group Spread Betting.
Halfords Spread Betting, updated 23-May-13
Halfords spread betting guide: live Halfords charts and prices. Plus, broker ratings on Halfords shares, where to spread bet on Halfords shares commission-free and tax-free*, how to spread bet on Halfords and...read article: Halfords Spread Betting.
ICAP Spread Betting, updated 14-May-13
ICAP spread betting guide: live ICAP charts and prices. Plus, broker ratings on ICAP shares, where to spread bet on ICAP shares commission-free and tax-free*, how to spread bet on ICAP and...read article: ICAP Spread Betting.
|
|
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!
|
|
