A basket runs several strategies together as one weighted portfolio. Instead of managing five strategies one at a time, you allocate capital to the basket, split it across the members by weight, and see composite performance — which strategies are carrying the portfolio and which are dragging on it — in one place.
Baskets are also where you find out whether combining strategies actually helps: two decent strategies that lose money at different times can add up to a smoother equity curve than either alone.
How capital splits#
Basket allocations are soft: the platform does not move, reserve, or lock any funds on your exchange. It records how much of the basket's capital each strategy is trading, tracks the profit and loss per strategy, and lets each one compound or shrink on its own.
The consequences are worth understanding before you rely on it:
- Weights set the initial split. A 50/30/20 basket funded with $1,000 gives its three strategies $500, $300 and $200 to start.
- Winners compound. A pool that earns keeps its winnings, so its next position is sized from a larger base.
- Losers size down. A pool that loses has less to trade with next time — a natural, automatic de-risking of what isn't working.
- No rebalancing. Weights are fixed at creation and pools drift apart as they trade. To change the mix, create a new basket.
Creating a basket#
- Open Baskets and press New Basket.
- Name it, set the initial capital, and pick two or more strategies.
- Give each a weight. They must total 100% — or leave them equal and the platform normalises them for you (three strategies → 33.3% each).
- Create it.
Backtesting the whole basket#
Press Run Backtest on the basket to test it as a portfolio. Each member is backtested, and their daily returns are combined by weight into one equity curve — with the full report suite: composite Sharpe and Sortino, cumulative return, max drawdown, a monthly heatmap, rolling Sharpe, and the worst drawdown periods.
This is the number that matters for a basket: not whether each strategy is good alone, but whether together they are smoother than apart.
Managing a basket#
The basket detail page has an Overview (composite metrics, per-strategy allocation bars, the Go Live button), Positions (aggregated across members, with allocation controls), Reports (the full backtest suite), and Members (each strategy, its weight, its own metrics). Baskets can be archived and restored from the list.
When you are ready to run the whole basket with real capital, see baskets and live trading.