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Old 12-01-2003, 19:11   #1 (permalink)
cantrell24x
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question about the spread

Is it normal for the chart price to be exactly in the middle of the spread? I have noticed that on gain capital, where I have my account, that if the price is going down the bid is closer to the chart price and sometimes above the chart price, and if the price is going up the offer is closer to the chart price and sometimes below. I was told by gain that they actually take the other side of all trades. Is this normal or are they able to manipulate the available prices to my disadvantage? This has actually caused me to take a small loss a few times when I could have broken even. I am just wondering if this is normal and I need to plan for it or should I find another company to trade?

Thanks

Chris
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