Spread Betting on Tullow Oil Shares (TLW)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Tullow Oil?

A FinancialSpreads account offers investors a range of equities spread betting and contracts for difference markets like Tullow Oil, Royal Dutch Shell, IBM and Total, together with a host of other global equities.

Where Can I Access Live Prices for the Tullow Oil Market?

A FinancialSpreads account offers clients live prices on 1,000+ financial spread betting and CFD markets such as Tullow Oil and a wide range of other stocks, forex, commodities and stock markets.

Where Can I Get Live Tullow Oil Charts?

When using a Financial Spreads account you can look at a professional level charting package for Tullow Oil and more than a thousand other spread trading and CFD markets.

To help your analysis, the charts have a large range of features like:
Example shares trading chart:

Shares Spread Betting Charts



How to Spread Bet on Tullow Oil

Let's assume that you go on the FinancialSpreads site and see a quote of:

  Tullow Oil Rolling Cash Sell

403.6
Buy

404.5


Here's a guide to how it works...

Spread Betting Market:Tullow Oil Rolling Cash
The Spread Betting Price:403.6p - 404.5p
This Means:You can bet on the Tullow Oil Rolling Cash market moving:

  Spread Betting Above 404.5p, or
  Spread Betting Below 403.6p

This is a 'Rolling' market and so there is no closing date for this spread bet. If you haven't closed your trade and the trading session ends then your position will roll over into the next trading session.

Note: if the trade is rolled over then you will either have to pay or receive interest for overnight financing depending upon whether you are speculating on the market to move higher or lower. For further information also see Rolling Spread Bets.
Traded Units:Trades on the Tullow Oil market are made in £x per penny price movement.

E.g. if Tullow Oil moves 35p then you would gain or lose 35 times your stake.
Stake Size:You choose how much you would like to risk per penny, e.g. £1 per penny, £8 per penny, £20 per penny etc.
Quick Example:For example, if you decided on a stake of £3 per penny and Tullow Oil changes by 25p, you would win / lose £3 per penny x 25p = £75.


Spread Trading Example - Taking a Bullish View of Tullow Oil

Online spread betting on the UK equity to rise

You Now Consider Whether to Buy or Sell: Tullow Oil to go:

  Spread Betting Above 404.5p? or
  Spread Betting Below 403.6p?

Let's Assume You Go Long:   Spread Betting Above 404.5p
You Choose Your Stake Size, Choosing: £10 per penny
Now What?
  • You win £10 for each penny Tullow Oil pushes higher than 404.5p
  • You will lose £10 for every penny Tullow Oil pushes lower than 404.5p
If You Are Buying a Market Your P&L = (Final Price - Opening Price) x stake
 
Trading Situation 1
Tullow Oil goes higher and the spread betting market is revised and moved to 418.7p - 419.6p. I.e. you'd see:   418.7   419.6
Take a Profit? You could decide to keep your trade open or close it for a profit. In this instance you choose to close your bet by selling the market at 418.7p.
Your P&L = (Final Price - Opening Price) x stake
(418.7p - 404.5p) x £10 per penny
14.2p x £10 per penny
Your P&L = £142.00 profit
 
Trading Situation 2
Tullow Oil drops and the spread trading market is revised and is set at 392.0p - 392.9p, i.e. you'd see:   392.0   392.9
Close and Restrict Your Loss? You may choose to keep your spread bet open or close it and limit your losses. For this example, you opt to settle your bet by selling at 392.0p.
Your P&L = (Final Price - Opening Price) x stake
(392.0p - 404.5p) x £10 per penny
-12.5p x £10 per penny
Your P&L = -£125.00 loss


Worked Trading Example - Going Short of Tullow Oil

Financial spread betting on the UK equity to fall

You Now Work Out Whether to Buy or Sell: Tullow Oil going:

  Spread Betting Above 404.5p? or
  Spread Betting Below 403.6p?

You Might Choose to Go Short:   Spread Betting Below 403.6p
You Choose Your Stake, Let's Assume You Select: £5 per penny
So What Happens Now?
  • You will lose £5 for every penny Tullow Oil increases higher than 403.6p
  • You win £5 for every penny Tullow Oil pushes below 403.6p
When Selling a Spread Bet Your P&L = (Opening Price - Final Price) x stake
 
Trading Situation 3
Tullow Oil goes lower and the financial spread betting market adjusts and moves to 385.7p - 386.6p, i.e. on Financial Spreads you would see:   385.7   386.6
Take Your Profit? You may opt to keep your position open or close it in order to lock in your profit. In this case you choose to settle your trade and buy at 386.6p.
Your P&L = (Opening Price - Final Price) x stake
(403.6p - 386.6p) x £5 per penny
17.0p x £5 per penny
Your P&L = £85.00 profit
 
Trading Situation 4
Tullow Oil increases and the market moves to 417.7p - 418.6p:   417.7   418.6
Time to Restrict Your Loss?At this point, you may decide to let your spread bet run or close it and restrict your loss. For this example, you decide to settle your trade by buying the market at 418.6p.
Your P&L = (Opening Price - Final Price) x stake
(403.6p - 418.6p) x £5 per penny
-15.0p x £5 per penny
Your P&L = -£75.00 loss

Where Can I Practice Financial Spread Betting on Tullow Oil?

Financial Spreads provides investors with the ability to try out new trading theories by using a free Practice Account, practise markets include Tullow Oil.

The Financial Spreads Demo Account has a range of markets including index markets, FX rates, commodities and stocks.


More on Tullow Oil plc (TLW)



A common ticker code for Tullow Oil is 'TLW' however 'TLW.L' and 'LON:TLW' 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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Also see:
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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.