Dealing with Spread

alig said:

Hi all,

I understand that there is a difference between the buy and sell price. I also believe that brokers have different 'spreads'. The broker I am using is averaging 3% which I feel is high as I am day trading and therefore have to make at least 3% to break even not including trading fees and stamp duty.

Anyone got any advice on how they deal with it. Maybe I need a new broker???

Regards
Alig

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Quantt said:

I guess you are not talking about stocks... this is bringing me back 20 years down memory line...

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alig said:

I was talking about stocks i.e AO is circa bid - 111.8, ask - 116.3. Is this just the volume issue or is it Broker related?

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alig said:

Its on LSE. Volume 108,472

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