Spread Betting on the Daimler Share Price

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on Daimler?

A FinancialSpreads account provides a variety of equities spread betting and contracts for difference markets like Daimler, Reckitt Benckiser, Coca Cola and BNP Paribas, plus a host of other UK, American and international stocks.

Where Can I Access Live Prices for the Daimler Market?

When trading with a Financial Spreads account investors are able to take a view on over a thousand live prices such as Daimler and a range of other equities, foreign exchange, commodities and stock market indices.

Where Can I Get Live Daimler Charts?

With FinancialSpreads investors have access to a professional level charting package for Daimler and numerous other spread trading and CFD markets.

As well as several chart types, the package also comes with a wide variety of advanced features:
Example shares spread betting chart:

Shares Spread Betting Charts



How to Financial Spread Bet on Daimler

For example, let's imagine you sign into the Financial Spreads site and see a quote of:

  Daimler Rolling Cash Sell

8288.7
Buy

8307.3


This is a brief example of how it works:

Market:Daimler Rolling Cash
Price (Spread):8288.7c - 8307.3c
How the Spread Works:You can take a position on the Daimler Rolling Cash market to push:

  Spread Betting Above 8307.3c, or
  Spread Betting Below 8288.7c

This is a Rolling spread bet which means that there is no closing date for this spread bet. If you don't close your position and the trading session ends then your position will automatically roll over to the next trading day.

If a trade rolls over then you will either be charged or credited for overnight financing depending upon whether you are betting on the market to go down or up. For further information also see Rolling Spread Bets.
Traded Units:Financial spread bets on the Daimler market are priced in £x per cent price movement.

E.g. if Daimler moves 35.0c then you would lose or win 35 multiples of your stake.
Stake Size per Unit:You decide how much you want to risk per cent, e.g. £3 per cent, £5 per cent, £10 per cent etc.
Brief Staking Example:If, for example, your stake is £3 per cent and Daimler moves by 30.0c, you would gain or lose £3 per cent x 30.0c = £90.


Worked Example - Taking a Long Position on Daimler

Financial spread trading on the European share to increase

You Now Decide to Go Long or Short: Daimler to move:

  Spread Betting Above 8307.3c? or
  Spread Betting Below 8288.7c?

You Might Want to Go Long:   Spread Betting Above 8307.3c
You Select Your Stake, Let's Say You Choose: £1 per cent
What Happens Next?
  • You make a profit of £1 for every cent Daimler pushes higher than 8307.3c
  • You lose £1 for each cent Daimler pushes below 8307.3c
When Betting on a Market to Go Up Your P&L = (Settlement Price - Initial Price) x stake
 
Example 1
Daimler increases and the spread trading market is revised and is set at 8473.4c - 8492.0c, i.e. on Financial Spreads you'd see:   8473.4   8492.0
Take a Profit? At this point, you can decide to leave your trade open or close it, i.e. close your position to lock in your profit. In this example you choose to settle your trade by selling the market at 8473.4c.
Your P&L = (Settlement Price - Initial Price) x stake
(8473.4c - 8307.3c) x £1 per cent
166.1c x £1 per cent
Your P&L = £166.10 profit
 
Example 2
Daimler slips and the financial spread betting market changes to 8157.8c - 8176.4c. So you would see this on Financial Spreads:   8157.8   8176.4
Close and Restrict the Loss? At this point, you could choose to leave your bet open or close it, i.e. close your trade to restrict your loss. In this case you decide to settle your position and sell the market at 8157.8c.
Your P&L = (Settlement Price - Initial Price) x stake
(8157.8c - 8307.3c) x £1 per cent
-149.5c x £1 per cent
Your P&L = -£149.50 loss


Spread Betting Example - Taking a Bearish View of Daimler

Spread trading on the European share to go lower

You Now Choose Whether to Buy or Sell: Daimler going:

  Spread Betting Above 8307.3c? or
  Spread Betting Below 8288.7c?

You Might Choose to Sell:   Spread Betting Below 8288.7c
You Select Your Stake Size, Choosing: £2 per cent
So Now What Happens?
  • You lose £2 for each cent Daimler moves above 8288.7c
  • You make a profit of £2 for each cent Daimler decreases below 8288.7c
When Spread Betting on a Market to Go Down Your P&L = (Initial Price - Settlement Price) x stake
 
Example 3
Daimler pushes lower and the spread betting market is moved to 8162.3c - 8180.9c. Therefore you'd see:   8162.3   8180.9
Time to Lock in Your Profit? You can choose to let your spread bet run or close it in order to take a profit. For this example, you decide to close your bet by buying the market at 8180.9c.
Your P&L = (Initial Price - Settlement Price) x stake
(8288.7c - 8180.9c) x £2 per cent
107.8c x £2 per cent
Your P&L = £215.60 profit
 
Example 4
Daimler goes higher and the market moves to 8367.1c - 8385.7c. I.e. you'd see:   8367.1   8385.7
Limit the Loss?You can opt to keep your position open or close it to restrict your losses. In this case you choose to close your bet and buy the market at 8385.7c.
Your P&L = (Initial Price - Settlement Price) x stake
(8288.7c - 8385.7c) x £2 per cent
-97.0c x £2 per cent
Your P&L = -£194.00 loss

Where Can I Practice Financial Spread Betting on Daimler?

FinancialSpreads.com provides a free Practice Account where investors are able to try out trading strategies, use trading orders, check the trading charts and try out CFD trading and spread betting etc. on markets including Daimler.

The Practice Account comes with more than the above; traders can also get experience on a large range of index markets, forex pairs, commodities and shares.

Open a Spread Betting and CFDs Demo Account


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support@financialspreads.com

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