Disclosed herein is a method that relates to resetting and firing a powder actuated setting tool. The method includes resetting the tool by torsionally urging a portion of a firing pin into axial alignment with a finger of a barrel of the tool and compressing the barrel of the tool toward a housing of the tool. The resetting further includes the finger urging the portion of the firing pin to a ready position in response to the compression of the barrel. The method further includes firing the tool by rotating a rotator and the firing pin to a position where the portion of the firing pin is unsupported by the finger.