Basket Trading

Discussion in 'Strategy Development' started by FaderTrader, Jan 4, 2006.

  1. Hey there -

    Just wondering about the overall level of success some of you are finding with basket trading.

    I'm looking to implement a basket trading strategy to correspond with general market moves and to be able to get into greater size - 10,000+ shares, etc.

    Right now, I tend to just buy all the brokers when the DOW is rallying, but my primary strategy is still to trade retracements on expensive oil stocks. So, I have very little real experience with basket trading.

    Any advice (specific or non-specific) would be much appreciated.

    If there's a carrot in all of this, I'm working with a math PHd candidate at Columbia who's offered his assistance in developing this strategy - so, if you're an EXPERIENCED trader who's profited from Basket trading, but is looking for a more consistent, and high-probability strategy, then send me a private message and we'll go from there. Provide as little or as much info as you'd like, but I need to know that you aren't some loser sitting in his garage in Michigan.

    Thanks in advance!