noise trader
Appearance
English
[edit]Etymology
[edit]Derived from the financial definition of noise, formally defined in a 1986 paper by Fischer Black as "[n]oise in the sense of a large number of small events is often a cause factor much more powerful than a small number of large events can be."[1]
Pronunciation
[edit]Noun
[edit]noise trader (plural noise traders)
- (finance) One who trades financial products (such as stocks) not based on fundamental analysis.
References
[edit]- ^ Fischer Black (1985 December 20) “Noise”, in The Journal of Finance, volume 41, number 3, →JSTOR, retrieved 19 May 2009, pages 529–543.