“N00b” is an abbreviation for the term “new blood”. The term is also expressed as “newb” or “newbie.”
It applies to anyone who is a newcomer to a given community.
N00b can be easy prey due to their lack of knowledge.
Noob Trap
Related Terms
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A bull trap is a situation when traders put on a long position when the price of a currency pair is rising, only for the price to reverse and move lower. A bull trap is also known as a “sucker’s rally“. A bull trap fools some traders into thinking a market is done falling and […]
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A bear trap is a situation when traders put on a short position when the price of a currency pair is falling, only for the price to reverse and move higher. Bearish traders think the recent price action signals that an uptrend has ended when it actually has NOT. Instead of declining further, the price […]
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Zero lower bound (“ZLB”) is when the short-term nominal interest rate is at or near zero, causing a liquidity trap and limiting the capacity that the central bank has to stimulate economic growth. In a nutshell, it’s when interest rates can’t fall any further below 0%. The main tool of conventional monetary policy is interest […]
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A liquidity trap is an economic situation where people hoard money instead of investing or spending it. As a result, a nation’s central bank can’t use expansionary monetary policy to boost economic...
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Yield curve control (“YCC”), also sometimes called interest rate pegs, is where bond yields are set by the central bank. It is considered a type of unconventional monetary policy. Under yield curve...