Spread Betting on the Google Share Price (GOOG)

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on Google?

Financial Spreads offers clients an array of equity markets like Google, Anglo American, AT&T and E.On, plus many other UK, US and international stocks.

Where Can I Access Live Prices for the Google Market?

A Financial Spreads account offers real-time prices on more than a thousand markets such as Google and a variety of other equities, forex, stock market indices and commodities prices.

Where Can I Get Live Google Charts?

When trading with FinancialSpreads you are able to access real time candlestick charts for Google and over 1,000 other spread trading and CFD markets.

To help your technical analysis, the charts come with an array of options that include:
Sample share chart:

Shares Spread Betting Charts



How to Spread Bet on Google

Let's suppose that you log on to FinancialSpreads.com and the trading platform is showing a quote of:

  Google Rolling Cash Sell

54511.0
Buy

54563.0


Here is a brief example of how it works...

The Spread Betting Market:Google Rolling Cash
The Spread Betting Price:54511.0¢ - 54563.0¢
How the Market Works:Now you can bet on the Google Rolling Cash market to go:

  Spread Betting Higher than 54563.0¢, or
  Spread Betting Lower than 54511.0¢

This is a 'Rolling' spread bet and so there is no final closing date. If you don't close your trade and the session ends then your trade will automatically roll over into the next trading session.

Note that if a trade does roll over then you will normally either pay or receive interest for overnight financing based on whether you are betting on the market to decrease or increase. For additional details see Rolling Spread Bets.
Traded Units:Bets on the Google market are made in £x per cent price movement.

E.g. if Google changes by 30.0¢ then you would lose/win 30 multiples of your stake.
Stake:You decide how much you want to risk per cent, e.g. £3 per cent, £4 per cent, £20 per cent etc.
Brief Example:For example, if you went with a stake of £3 per cent and Google moves 22.0¢, you would win / lose £3 per cent x 22.0¢ = £66.


Spread Betting Example - Buying Google

Spread trading on the US equity to move higher

You Now Choose to Buy or Sell: Google to move:

  Spread Betting Higher than 54563.0¢? or
  Spread Betting Lower than 54511.0¢?

Let's Assume You Buy:   Spread Betting Higher than 54563.0¢
You Select How Much to Risk, Let's Assume You Choose: £1 per cent
Now What?
  • You will make £1 for every cent Google moves higher than 54563.0¢
  • You will lose £1 for each cent Google decreases lower than 54563.0¢
When Speculating on a Market to Increase Your Profits/Losses = (Settlement Price - Opening Price) x stake
 
Situation 1
Google rises and the spread trading market is revised and is set at 54726.7¢ - 54778.7¢, so you'd see this on Financial Spreads:   54726.7   54778.7
Take Your Profit? You could decide to let your trade run or close it in order to take your profit. In this example you opt to settle your trade by selling at 54726.7¢.
Your Profits/Losses = (Settlement Price - Opening Price) x stake
(54726.7¢ - 54563.0¢) x £1 per cent
163.7¢ x £1 per cent
Your Profits/Losses = £163.70 profit
 
Situation 2
Google moves lower and the market is revised and moved to 54413.0¢ - 54465.0¢, i.e. the market moves to:   54413.0   54465.0
Close and Limit Your Loss? You may choose to leave your trade open or close it, i.e. close your position and limit your losses. For this example, you opt to settle your position by selling the market at 54413.0¢.
Your Profits/Losses = (Settlement Price - Opening Price) x stake
(54413.0¢ - 54563.0¢) x £1 per cent
-150.0¢ x £1 per cent
Your Profits/Losses = -£150.00 loss


Trading Example - Taking a Short Position on Google

Financial spread trading on the US equity to go lower

You Now Decide to Buy or Sell: Google to push:

  Spread Betting Higher than 54563.0¢? or
  Spread Betting Lower than 54511.0¢?

Let's Assume You Want to Go Short:   Spread Betting Lower than 54511.0¢
You Choose Your Stake Size, Let's Say You Opt For: £2 per cent
What Happens Next?
  • You will lose £2 for each cent Google goes above 54511.0¢
  • You will make £2 for each cent Google moves lower than 54511.0¢
When You Go Short With a Spread Bet Your Profits/Losses = (Opening Price - Settlement Price) x stake
 
Situation 3
Google slips and the spread betting market is moved to 54360.9¢ - 54412.9¢, therefore you would see:   54360.9   54412.9
Close and Take a Profit? At this point, you could choose to leave your position open or close it to take a profit. For this example, you opt to close your bet and buy at 54412.9¢.
Your Profits/Losses = (Opening Price - Settlement Price) x stake
(54511.0¢ - 54412.9¢) x £2 per cent
98.1¢ x £2 per cent
Your Profits/Losses = £196.20 profit
 
Situation 4
Google increases and the financial spread betting market is revised to 54548.9¢ - 54600.9¢. So you would see this on Financial Spreads:   54548.9   54600.9
Restrict Your Loss?At this point, you could opt to leave your bet open or close it to limit your losses. In this example you decide to close your position and buy the market at 54600.9¢.
Your Profits/Losses = (Opening Price - Settlement Price) x stake
(54511.0¢ - 54600.9¢) x £2 per cent
-89.9¢ x £2 per cent
Your Profits/Losses = -£179.80 loss

Where Can I Practice Financial Spread Betting on Google?

Financial Spreads offer a free Demo Account which allows you to try out spread betting and CFD trading, view the charts, practice with trading orders and try out new theories on markets such as Google.

The Practice Account doesn't just offer the above market; traders can get trading experience across a large variety of FX rates, commodity markets, equities and stock market indices.


More on Google Inc. (GOOG)



The ticker code for Google is 'GOOG', for more news and data on the American firm, also see: Financial Spreads is not responsible for the content of external / third party websites.


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