Description

Introduction

In the fast-paced world of financial markets, traders are constantly searching for strategies that offer consistency, reduced screen time, and emotional stability. One system that has gained attention for addressing all three is Etienne Crete – The Set & Forget Trading System.

Created by Etienne Crete, a well-known trader and founder of Desire To Trade, this system is designed for individuals who want to trade efficiently without being glued to charts all day. It focuses on structured decision-making, automation, and disciplined execution—key elements that many traders struggle to maintain.

This guide explores everything you need to know about this trading approach, including how it works, its core principles, benefits, and whether it’s the right fit for you.

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What Is The Set & Forget Trading System?

The Set & Forget Trading System is a trading methodology that allows traders to:

• Identify high-probability trade setups
• Execute trades with predefined rules
• Let the market play out without constant monitoring

Instead of reacting emotionally to every market movement, traders “set” their trades based on a clear strategy and “forget” them until the outcome is reached.

This approach is particularly effective in forex and swing trading, where trades can last hours or even days.

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The Philosophy Behind the System

At its core, this system is built on three powerful ideas:

1. Simplicity Over Complexity

Many traders fail because they overcomplicate their strategies. This system strips trading down to essential rules, making it easier to follow consistently.

2. Discipline Over Emotion

Emotional trading leads to poor decisions. By setting trades in advance, you eliminate the urge to interfere.

3. Process Over Outcome

Instead of focusing on winning every trade, the system emphasizes following a proven process over time.

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How the System Works

Step 1: Market Analysis

Traders begin by analyzing the market using technical tools such as:

• Support and resistance levels
• Trend identification
• Price action patterns

The goal is to identify high-probability zones where price is likely to react.

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Step 2: Trade Setup

Once a valid setup is found, traders define:

• Entry point
• Stop-loss level
• Take-profit target

Everything is planned before entering the trade.

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Step 3: Execution

After confirming the setup, the trade is placed with all parameters set. This includes:

• Risk management rules
• Position sizing
• Predefined exit strategy

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Step 4: “Set & Forget”

This is the most critical part.

After placing the trade:

• No adjustments
• No emotional interference
• No over-monitoring

You simply let the trade play out according to your plan.

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Key Features of the System

Rule-Based Trading

Every decision is based on predefined rules, eliminating guesswork.

Time Efficiency

You don’t need to spend hours analyzing charts daily.

Stress Reduction

Less screen time means less anxiety and emotional fatigue.

Consistency

Following the same process repeatedly leads to more predictable results over time.

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Benefits of Using This Approach

1. Perfect for Busy Individuals

If you have a full-time job or business, this system allows you to trade without constant attention.

2. Eliminates Overtrading

Since trades are planned carefully, you avoid impulsive entries.

3. Improves Risk Management

Each trade has a defined risk, helping protect your capital.

4. Builds Discipline

By sticking to rules, you develop strong trading habits.

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Who Is This System Best For?

This trading method is ideal for:

• Beginners who want a structured approach
• Intermediate traders struggling with consistency
• Busy professionals with limited time
• Traders who want to reduce emotional decision-making

However, it may not suit:

• Scalpers who prefer fast trades
• Traders who enjoy active market monitoring
• Those looking for instant results without discipline

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Core Strategies Used

While the system focuses on simplicity, it often incorporates:

Support & Resistance Trading

Identifying key levels where price reacts.

Trend Following

Trading in the direction of the overall market trend.

Breakout Setups

Entering trades when price breaks significant levels.

Price Action Signals

Using candlestick patterns to confirm entries.

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Risk Management Principles

Risk management is a cornerstone of the system.

Fixed Risk Per Trade

Most traders risk 1–2% of their account per trade.

Risk-to-Reward Ratio

Trades typically aim for at least a 1:2 or 1:3 ratio.

Stop-Loss Discipline

Stop-loss levels are never moved emotionally.

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Common Mistakes to Avoid

Even with a solid system, traders can make mistakes.

1. Interfering with Trades

Closing trades early or moving stop-losses defeats the purpose.

2. Ignoring the Rules

Skipping steps or taking random trades reduces effectiveness.

3. Overconfidence

After a few wins, traders may increase risk unnecessarily.

4. Lack of Patience

The system requires waiting for high-quality setups.

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Realistic Expectations

Let’s be clear—this is not a “get rich quick” system.

You can expect:

• Gradual account growth
• Consistent performance over time
• Reduced emotional stress

But it requires:

• Discipline
• Patience
• Continuous learning

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Advantages vs Disadvantages

Advantages

• Saves time
• Reduces stress
• Improves consistency
• Easy to follow

Disadvantages

• Requires patience
• Fewer trades compared to scalping
• Not suitable for thrill-seeking traders

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Tools and Platforms You Can Use

To implement this system effectively, traders often use:

• MetaTrader 4 or 5
• TradingView
• Forex brokers with reliable execution

These tools help with chart analysis and trade execution.

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Why This System Stands Out

Unlike many complicated trading systems, this approach focuses on:

• Simplicity
• Repeatability
• Psychological stability

It aligns with how professional traders operate—focusing on process rather than constant action.

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Final Thoughts

Etienne Crete – The Set & Forget Trading System offers a refreshing approach to trading in a world filled with noise and overcomplication.

By emphasizing discipline, planning, and patience, it helps traders:

• Avoid emotional decisions
• Save time
• Build long-term consistency

If you’re tired of constantly watching charts and making impulsive trades, this system provides a structured and practical alternative.

However, success depends on your ability to follow the rules consistently. The system works—but only if you do.