The Set & Forget Trading System by Etienne Crete

Introduction

The world of trading often feels overwhelming, especially for beginners who constantly monitor charts, chase signals, and react emotionally to market movements. This is where The Set & Forget Trading System by Etienne Crete stands out as a game-changing approach.

Instead of sitting in front of screens all day, this system focuses on a structured, rule-based swing trading strategy that allows traders to place trades and let them work over time. It removes emotional decision-making and replaces it with discipline, planning, and consistency.

In this detailed guide, you’ll understand everything about this trading system — how it works, its core principles, advantages, limitations, and whether it is worth your time.

What is The Set & Forget Trading System?

The Set & Forget Trading System is a swing trading methodology designed to help traders identify high-probability setups, place trades with predefined rules, and then let the market play out without constant interference.

Unlike day trading or scalping, this system focuses on:

• Higher timeframes (daily/weekly charts)
• Pre-planned entries and exits
• Minimal screen time
• Reduced emotional stress

The core philosophy is simple:

Plan your trade, set your orders, and let the market do the work.

Who is Etienne Crete?

Etienne Crete is a well-known trading educator and entrepreneur, widely recognized for simplifying trading strategies for beginners and intermediate traders.

He is the founder of Desire To Trade, where he shares:

• Trading strategies
• Psychological frameworks
• Automation concepts
• Real trader interviews

His approach focuses on consistency over complexity, which is clearly reflected in this system.

Core Principles of The Set & Forget Trading System

1. Rule-Based Trading

This system eliminates guesswork by using strict rules for:

• Entry points
• Stop-loss placement
• Take-profit targets

No emotional decisions are allowed once the trade is placed.

2. Focus on Swing Trading

Trades are held for several days to weeks. This allows:

• More stable price movements
• Less noise compared to lower timeframes
• Better risk-to-reward opportunities

3. Pre-Defined Risk Management

Risk management is the backbone of this system.

Typical rules include:

• Risking only 1–2% per trade
• Using fixed stop-loss levels
• Maintaining favorable risk-reward ratios (e.g., 1:2 or higher)

4. Minimal Screen Time

One of the biggest advantages is that you don’t need to monitor trades constantly.

This makes it ideal for:

• Students
• Working professionals
• Side hustlers

5. Patience Over Activity

Most traders lose money because they overtrade. This system teaches:

• Waiting for high-quality setups
• Ignoring low-probability trades
• Trading less but smarter

How The Set & Forget Trading System Works

Step 1: Market Selection

The system can be applied to:

• Forex
• Stocks
• Crypto (with caution due to volatility)

Traders usually focus on a small number of pairs or assets.

Step 2: Identify Trend Direction

The system typically follows trend-based logic:

• Buy in uptrends
• Sell in downtrends

Indicators or price action can be used to determine the trend.

Step 3: Find Entry Zones

Entry is based on specific setups such as:

• Support and resistance
• Breakouts
• Pullbacks in trend

Step 4: Set Stop Loss & Take Profit

Before entering a trade:

• Stop-loss is placed at logical levels
• Take-profit is set based on risk-reward ratio

Everything is defined in advance.

Step 5: Place Trade & Walk Away

Once the trade is placed:

• No interference
• No emotional adjustment
• No panic closing

You literally set it and forget it.

Key Features of The Set & Forget Trading System

✔ Simplicity

No complex indicators or confusing strategies.

✔ Automation Friendly

Can be partially automated using:

• Pending orders
• Alerts
• Trading bots (optional)

✔ Scalable Strategy

Works for:

• Small accounts
• Large capital portfolios

✔ Stress-Free Trading

No need to:

• Watch charts all day
• React to every price movement

Benefits of Using This Trading System

1. Saves Time

Perfect for people who cannot trade full-time.

2. Reduces Emotional Trading

Since everything is pre-planned, there’s no room for fear or greed.

3. Improves Consistency

Following rules strictly leads to:

• Better discipline
• Predictable performance

4. Suitable for Beginners

The simplicity makes it easy to learn and implement.

5. Long-Term Profit Potential

By focusing on high-quality setups, traders can build steady returns over time.

Limitations You Should Know

No system is perfect, and this one also has some drawbacks:

❌ Requires Patience

You may wait days or weeks for setups.

❌ Fewer Trades

If you like fast trading, this may feel slow.

❌ Market Conditions Matter

Works best in trending markets, less effective in:

• Sideways markets
• Choppy conditions

❌ Discipline is Mandatory

Breaking rules can ruin the entire strategy.

Who Should Use This System?

This system is ideal for:

• Beginners who want a structured approach
• Part-time traders
• People with jobs or businesses
• Traders who struggle with emotions
• Anyone looking for a low-stress strategy

Who Should Avoid It?

It may not be suitable for:

• Scalpers
• High-frequency traders
• People who want instant results
• Traders who enjoy active chart watching

Real-Life Example (Simple Explanation)

Imagine you analyze a stock:

• You identify an uptrend
• You place a buy order at a pullback level
• Stop-loss is set below support
• Take-profit is set at 2x risk

Now instead of watching charts every minute:
👉 You leave the trade alone

After a few days:

• Either it hits profit
• Or it hits stop-loss

No stress. No overthinking.

Tips to Succeed With This System

✔ Stick to Rules

Never modify trades emotionally.

✔ Use Proper Risk Management

Always protect your capital first.

✔ Keep a Trading Journal

Track:

• Entries
• Results
• Mistakes

✔ Backtest the Strategy

Before using real money, test it on historical data.

✔ Avoid Overtrading

Quality > Quantity

Is The Set & Forget Trading System Worth It?

If you are tired of:

• Constant chart watching
• Emotional trading
• Inconsistent results

Then yes, this system can be extremely valuable.

It offers:

• Simplicity
• Structure
• Discipline
• Time freedom

However, success depends on your ability to follow rules consistently.

Final Verdict

The Set & Forget Trading System by Etienne Crete is not a “get rich quick” method. Instead, it is a professional, disciplined approach to trading designed for long-term consistency.

It shifts your mindset from:
❌ Reaction → ✔ Planning
❌ Emotion → ✔ Logic
❌ Overtrading → ✔ Precision

If implemented correctly, it can transform the way you trade and help you build a sustainable trading routine.