“Keep the powder dry” is a phrase that means to limit your trades due to harsh trading conditions.
In either choppy or extremely narrow markets, it may be better to stay on the sidelines until a clear opportunity arises.
Keep the Powder Dry
Related Terms
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The Baltic Dry Index (BDI) is an economic indicator that tracks the global shipping market’s health and offers insights into the demand for raw materials and global trade patterns
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The Stop Limit Order combines elements of both stop and limit orders to provide traders with more control over their trades.
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Limit orders provide traders with the ability to specify a desired price level for entering or exiting a position. This type of order offers greater control over the execution price, allowing traders to minimize slippage and maximize potential profits. What is a Limit Order? A limit order is an order placed to either buy below the market or sell above the market at […]
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Sidelines is a phrase used to describe when traders are staying out of the markets due to directionless, choppy, or unclear market conditions. Traders are said to be “on the sidelines” or “sitting...
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An order is an instruction to buy or sell on a trading venue.