Noise trader is a trader who prefers not to rely on the technical analysis and professional advice. Instead they prefer trading impulsively and on a whim. Traders like that make decision based on the overall situation without giving into the details. They rely on trends and tend to sell and buy based on the news they read.

Naked writer is the options seller who doesn’t have the underlying security and who doesn’t short it. to put it short – a naked writer is an unhedged options writer. These options in their turn are called naked options.

Naked position is the position of long or short security that is sheltered from the market risks. Is means that the risk of the profit or failure is much greater than that of the hedged security.

NOK serves as the abbreviation for the Norwegian krone on foreign exchange markets. Norges Bank, the central bank of Norway, regulates the supply of the Norwegian krone through its economic policies. A total of seven series of banknotes have been issued by Norges Bank with an eighth series slated to appear in the second quarter of 2017.

(NFP) - Nonfarm payroll, is a monthly report generated and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business. Despite the name nonfarm payroll, the report excludes workers from general government jobs, private household jobs, employees of nonprofit organizations and farm employees.

The report is considered to be the month’s most important economic data that is coming out of the USA. The report usually brings big impacts to the markets, especially the Forex, Stocks and commodities markets.