Spread Betting on John Wood Shares (WG)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on John Wood?

A FinancialSpreads account provides investors with a large range of shares spread trading and contracts for difference markets including John Wood, Prudential, Chevron and Deutsche Bank, plus a broad selection of other UK, American and global stocks.

Where Can I Access Live Prices for the John Wood Market?

A Financial Spreads account offers investors real time prices on more than a thousand CFD and spread betting markets such as John Wood and a range of other shares, commodities, foreign exchange and stock markets.

Where Can I Get Live John Wood Charts?

With a FinancialSpreads account investors can look at real time candlestick charts for John Wood and over 1,000 other markets.

Along with different chart types, the charting package also has a wide variety of advanced functions including:
Example FinancialSpreads equity chart:

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A Guide to Financial Spread Betting on John Wood

Let's say you go on FinancialSpreads.com and the current quote is:

  John Wood Rolling Cash Sell

615.1
Buy

616.9


Here's a brief example of how the market works

The MarketJohn Wood Rolling Cash
The Price615.1p - 616.9p
What This MeansNow you can speculate on the John Wood Rolling Cash market to go:

  Spread Betting Above 616.9p, or
  Spread Betting Below 615.1p

This is a Rolling trade and so there is no settlement date. If you don't close your trade and the session ends then your position will roll over into the next session.

Note that if the trade is rolled over then you will either receive or be charged a small fee for overnight financing based on whether you are betting on the market to decrease or increase. For further details also see Rolling Spread Bets.
Units TradedBets on the John Wood market are made in £x per penny price movement.

E.g. if John Wood moves by 35p then you would lose or gain 35 multiples of your stake.
Stake (Trade Size)You decide how much you are going to trade per penny, e.g. £3 per penny, £4 per penny, £10 per penny etc.
Short Staking ExampleAs an example, if your stake was £2 per penny and John Wood changes by 27p, you would gain or lose £2 per penny x 27p = £54.


Trading Example - Taking a Long Position on John Wood

Spread betting on the equity to increase

You Now Choose to Buy or Sell John Wood to push:

  Spread Betting Above 616.9p? or
  Spread Betting Below 615.1p?

Let's Say You Decide to Go Long   Spread Betting Above 616.9p
You Choose Your Stake, Let's Say You Select £3 per penny
What Next?
  • You win £3 for every penny John Wood increases higher than 616.9p
  • Your trade loses £3 for each penny John Wood falls lower than 616.9p
When Spread Betting on a Market to Increase Your P&L = (Final Price - Initial Price) x stake
 
Trading Example 1
John Wood increases and the spread trading market adjusts and moves to 649.3p - 651.1p, so you'd see this on Financial Spreads:   649.3   651.1
Time to Lock in a Profit? At this point, you can choose to leave your bet open or close it, i.e. close your position to lock in your profit. For this example, you opt to close your bet by selling the market at 649.3p.
Your P&L = (Final Price - Initial Price) x stake
(649.3p - 616.9p) x £3 per penny
32.4p x £3 per penny
Your P&L = £97.20 profit
 
Trading Example 2
John Wood falls and the market is adjusted to 579.9p - 581.7p, therefore you'd see:   579.9   581.7
Time to Limit Your Loss? At this point, you can decide to let your spread bet run or close it, i.e. close your trade to limit your losses. For this example, you opt to close your trade and sell the market at 579.9p.
Your P&L = (Final Price - Initial Price) x stake
(579.9p - 616.9p) x £3 per penny
-37.0p x £3 per penny
Your P&L = -£111.00 loss


Worked Trading Example - Taking a Short Position on John Wood

Online spread betting on the equity to go down

You Now Select Whether to Buy or Sell John Wood moving:

  Spread Betting Above 616.9p? or
  Spread Betting Below 615.1p?

You Might Choose to Sell   Spread Betting Below 615.1p
You Choose Your Stake Size, Opting for £4 per penny
So What Happens Next?
  • Your trade loses £4 for each penny John Wood pushes higher than 615.1p
  • You win £4 for each penny John Wood goes lower than 615.1p
If You Are Speculating on a Market to Decrease Your P&L = (Initial Price - Final Price) x stake
 
Trading Example 3
John Wood drops and the financial spread betting market becomes 593.9p - 595.7p. So you'd see this on Financial Spreads:   593.9   595.7
Close and Take a Profit? You can decide to let your spread bet run or close it and lock in your profit. In this instance you opt to close your bet and buy at 595.7p.
Your P&L = (Initial Price - Final Price) x stake
(615.1p - 595.7p) x £4 per penny
19.4p x £4 per penny
Your P&L = £77.60 profit
 
Trading Example 4
John Wood moves higher and the spread betting market is revised to 635.4p - 637.2p, i.e. on Financial Spreads you would see:   635.4   637.2
Restrict Your Loss?You may choose to keep your position open or close it, i.e. close your trade to restrict your loss. In this case you decide to close your position by buying at 637.2p.
Your P&L = (Initial Price - Final Price) x stake
(615.1p - 637.2p) x £4 per penny
-22.1p x £4 per penny
Your P&L = -£88.40 loss

Where Can I Practice Financial Spread Betting on John Wood?

FinancialSpreads provide a free Practice Account which allows you to view the real time charts, test trading orders, try out CFD trading and spread betting and test new trading ideas on spread trading and CFD markets like John Wood.

The Demo Account comes with a wide selection of markets such as stocks, stock market indices, commodities and FX.

Open a Free CFDs and Spread Betting Demo Account


More on John Wood Group plc (WG)



A common ticker code for John Wood is 'WG' however 'WG.L' and 'LON:WG' are also used.

For more news and information on the UK firm, also see: Financial Spreads is not responsible for the content of external / third party websites.


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Spread betting & CFDs trading are complex instruments & come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work & whether you can afford to take the high risk of losing your money. Click here to see the risk warning notice.