I don't think you even need a huge hookset. I give it a short sharp pump, and that's enough to do the deed. If the rod is bent over the way it should be, the hook is likely already set.

You want to make sure that you get that one pump in, without losing tension on the line. I have one friend who has this loop in his swing, causing him to shake off more than his share as slack gets into the line.
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