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1·The higher noise trader sentiments the higher the offering price.

噪音交易者情绪越高，发行价格越高。

2·The higher noise trader sentiments, the higher the offering price.

噪音交易者情绪越高，发行价格越高。

3·In the last part of empirical analysis, based on the relationship between risk and return, pricing of noise trader risk is discussed.

在实证分析的最后部分，基于风险补偿与收益率之间的关系，本文探讨了噪声交易者风险的定价问题。

4·There is plenty of noise in the markets - random moves that defy trading systems. A small trader who runs into a noisy period has no safety cushion.

市场中的噪音特别多——很多随即的波动都会违反交易系统。

5·These high noise levels warn the observant day trader to pull up stakes and move on to another security.

这些高干扰警告有经验的交易停止交易并转向其他的股票。