Sit on Hands
Staying out of the markets due to directionless, choppy or unclear conditions, allowing time to analyse and enter at optimal moments rather than holding positions in hope.
Related terms
Keep the Powder Dry
To limit trading due to inclement conditions. In choppy or extremely narrow markets, it may be better to stay on the sidelines until a clear opportunity arises.
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Waiting for certain levels or news events to hit the market before entering a position.
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A market in which an asset’s price shows no clear trend but instead experiences many smaller fluctuations.
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Aggressive
A description of traders and/or price action acting with conviction.
Read full definitionArbitrage
The simultaneous buying and selling of the same currency in different markets to profit from small price differences. The strategy exploits temporary inefficiencies in FX markets.
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An instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
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An instruction given to a dealer to buy or sell at a specific price or better.
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A third party coordinating the sale of financial securities between sellers and buyers. Exchanges only accept orders from their members, so traders and investors use brokers as intermediaries; brokers are compensated through commissions, fees or payment from the exchange.
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Traders who expect prices to rise and who may be holding long positions.
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