Manager Nuno Espirito Santo maintains Wolves will not be rushed into a January signing just to add to the numbers.
The Molineux club have found themselves linked with the likes of striker Tammy Abraham, on loan at Aston Villa from Chelsea, as well as Stoke's Austrian full-back Moritz Bauer, Birmingham forward Che Adams and Sparta Prague frontman Benjamin Tetteh.
The Portuguese coach, though, has no intentions of doing any business during what is traditionally a tough market unless it is for the right man.
"I agree that it's more difficult to sign players in January. You don't have the same numbers of players available," Nuno said.
"It doesn't make sense to bring someone in that you don't find different to what you already have.
"The other point is knowing what you sometimes want, or the profile you want, is not available in the transfer window because they are doing well in other teams and they don't want to sell.
"It's the same as us. If someone comes knocking on my door and asks for some kind of player, the answer will be 'no', because we are building, we are trying to maintain the core, and other teams have the same approach, so it becomes very hard to make deals during this transfer window."
Nuno added: "The transfer window is here, but to bring someone that we find appropriate takes a lot of thinking and there are lots of decisions to make," said the Wolves boss, whose side host Leicester in Saturday's lunchtime kick-off.
"At the same time, all the names that have been linked to us is a guessing game for journalists, trying to guess players who are not true.
"The way we work is clear; myself, my team and my players are only focused on the game and the club is prepared to act if we think that's the best decision we have."
Mexican striker Raul Jimenez has expressed his desire to make a loan move from Benfica into a permanent deal in the summer.
Nuno has been impressed by the efforts of the 27-year-old, who has scored six Premier League goals so far, but challenged the forward to continue in the same mindset.
"We have to make a decision when we have to make it – and that moment is the end of the season," the Wolves boss said at press conference reported by the club.
"For now, Raul is doing very well, and he has to maintain these levels of intensity, the high standards that he puts himself in every training session and every game for him to have good performances in the day of the competitions."
Nuno is confident Wolves can pull together without defender Willy Boly, who starts a three-match ban following a red card in the defeat at Manchester City on Monday night.
"What I find, when a squad is short of player numbers, they have to have the mentality to cope with those kinds of moments, and we have it," he said.
