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