Trading Class

Glossary › setup

Trading glossary · general

setup

A situation on the chart that matches the kind of trade your plan is looking for.

The fuller meaning

The chart conditions that define a trade opportunity under the plan, such as a pullback to support in an uptrend. A setup is not an entry: the entry trigger, stop, target and size complete the trade, and setups that fail the checklist are skipped.

setup, also called trade setup.

Related words

asset · broker · buyers · chart · day trader · entry · filter · forecast · historical data · instrument