stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

basket trading - looking for informations
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3590
Page 1 of 1
Author:  SteveHopwood [ Mon Apr 28, 2014 10:04 pm ]
Post subject:  basket trading - looking for informations

zalezny ยป Mon Apr 28, 2014 8:01 pm wrote:Hi,

maybe somebody could help me and show me the place where may I find some more information about "basket trading". Maybe somebody explained somewhere already this topic in the clear form.


Thanks in advance for Your support.

Zalezny
Loosely translated, 'basket' trading is this:
  • you take out trades over a number of different pairs. This is your 'basket' of trades.
  • the success or failure of individual trades within the basket is irrelevant.
  • all that matters is the success or failure of your basket of trades:
    • if you have more winners than losers then you can close out in profit.
    • if you end up with an overwhelming number of losers, then you have to close out at a loss.
Basket traders talk in terms of 'basket stop loss' and 'basket take profit' rather than applying those terms to individual trades.

:xm:
All times are UTC Page 1 of 1