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Registered User
Joined: 12/13/2004
Posts: 28
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How would you define setups and could you give me a short example of some setup conditions?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I am not sure I understand what you mean. Can you elaborate?
- Craig
Here to Help!
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Registered User
Joined: 12/13/2004
Posts: 28
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I know what youmean.I always have friends discussing setup conditions to open a trade long or short.I'm just wanting to see how someone would describe the conditions necessary for them to institute a trade.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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We trainers cannot really offer examples of how to open a trade. I will move this to the Stock Talk forum so other board members can offer examples.
- Craig
Here to Help!
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Check out this post:
where to enter a trade?
Thanks
diceman
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Registered User
Joined: 10/7/2004
Posts: 264
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A "setup" is simply a set of conditions which indicates a high probability of a profitable trade. There are thousands of them -- some good, many bad. I like to keep it simple and focus on price. An advance/decline into a resistance/support level would be a typical setup for me. Good luck.
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