Trade Setups
Master one setup at a time. Don’t spread yourself thin — master the setup, then expand.
Setup Mastery Process
Process
1. Choose ONE setup
2. Practice ONLY that setup
3. Master it (50+ trades)
4. Then add another
Popular Setups to Practice
1. Trend Pullback
Setup: Price pulls back to MA
Entry: On bounce
Stop: Below swing low
Target: Previous high
2. Range Break
Setup: Price consolidates
Entry: Breakout confirmation
Stop: Below lower range
Target: Range height
3. Support Bounce
Setup: Price tests support
Entry: On bounce
Stop: Below support
Target: Previous high
4. RSI Reversal
Setup: RSI at extreme
Entry: On confirmation
Stop: Beyond extreme
Target: Opposite extreme
5. Trendline Break
Setup: Trendline touch
Entry: On break confirmation
Stop: Beyond trendline
Target: Next structure
Setup Practice Template
Each Setup: Track This
| Field | What to Note |
|---|---|
| Setup | Name |
| Entry trigger | What triggers entry |
| Stop location | Where stop |
| Target | Where target |
| Win rate | % wins |
| Avg win | Pips won |
| Avg loss | Pips lost |
Mastery Checklist
☐ Can identify setup
☐ Can define entry trigger
☐ Can place stop
☐ Can set target
☐ Have 50+ trades on setup
☐ Win rate calculated
☐ Avg R:R calculated
☐ Consistent execution
Key Takeaways
- One at a time — Master one, add next
- 50+ trades — Minimum for mastery
- Track metrics — Win rate, R:R
- Consistency — Execute always
Related
backtesting.md >>>
demo-trading.md >>>
exercises.md >>>
Master one. Then next.