FT, the floor trader, many of you are quit aware of floor traders but it’s for those who are still finding the ways of getting introduced with the term of Floor trader.

The member or employee of stock exchange, who buys or sells future or options on the floor Forex trading area for their firm, clients or for his own account.

No need to go so far to understand about floor trader just go through the TV or movie you might come across some of the persons waving their hands anxiously to attract traders to make trading deals. These people either work for themselves or work in association with certain trading firms.

However, the floor traders are now loosing their position due to increased technology and more taught traders that like to trade actively on their own and make deals as per their intelligence without dividing profit ratio.

The method that floor trader applies at the market consists of following points: the retracement-continuation trade, applying moving averages to recognize the potential trend and reversal bar pattern or minor rally point.

The retracement-continuation trading method is the combination of trend identification using moving averages of the last few trading days and identifying the entry technique of trading pattern.

There are two types of retracements- one is retracement from the downtrend is refer to as minor rally and the retracement from the uptrend is refer to as minor decline in the trend.

The floor traders suggest traders the bid and ask prices of the trades and keeps you informed about the better trading options from time to time. They analyze the trading patterns and suggest the interested traders to make the possible trades.

However, the investors should make it sure, that the floor trader should not make big amount of profitable ratio from your trading position as they are doing the business of guiding you to make position at the market and suggest you the share that the investor should buy or sell the shares at the market.

If you are trading through floor traders, try to be more focused and keep your head active to check the authenticity of the suggested trade moves at the Forex market.

Finexo is one of the trading services that provide authentic trade option to earn good returns on your investment at the Fore market.