I'm working on a profile update form, it got me wondering - what's the pros&cons of displaying a short placeholder vs a long placeholder?
First candidate: Current Password
Second candidate: Type Your Current Password
Current Password without a doubt. The typing clarification isn't necessary, and as general rule, if it doesn't make it better, discard it.
The thing I'd be tempted to change is the "Password" title for something like "Change Password", but that will be useful or not depending on the context of the whole form.