Basket and budget

Once the reasoning holds up, the basket is where a result becomes a plan. Alchemy sizes every trade in it for you, but you place each one yourself, through its own order ticket.

Where Alchemy can trade

The basket draws only on venues Alchemy can send orders to. There are three. IBKR and Robinhood routes appear on cards and in Trade Exposure so you can see the coverage, but Alchemy does not send orders to them.

The Markets connected panel

You decide which of those venues to use from a panel on the right edge of Alchemy and Positions. It starts as a thin strip of venue marks; click it to open Markets connected and Your trades.

• Crypto/Stock perps, Polymarket and Onchain Tokens are on by default. Switch one off and its trades grey out, with a Connect button on each that switches the venue back on.
• IBKR and Robinhood Options show Enable, which opens the Connectors page.
• The switches are remembered in your browser and shared by both tabs.

The basket

Basket trades holds every trade for the view you picked, with the best reward to risk first. The header says how many trades there are and “Sized to $10,000”, the default budget.

Cards view

The default view is a row of cards you can slide sideways with the arrows. Each card shows:

• The trade line, such as “Short NVDA on Hyperliquid” or “Buy Yes on Polymarket”.
• Editable chips: Allocate (dollars), Profit (target in percent), and for perps the leverage and cross or isolated margin.
• The price, today’s change and a chart with 1D, 1W, 1M and ALL ranges.
• For prediction markets, Expiry, Volume and Liquidity.
• Chips for the same exposure elsewhere, such as “NVDA stock” at IBKR or “NVDA puts” at Robinhood. These are for reference.
• Action opens the order ticket. Learn explains the trade.

List view

Click List for a plan you can size at a glance. The first row is labelled Top pick; the others are labelled Direct bet, Stock, Macro or Crypto. Each row shows:

• The reward to risk, for example “3.0× reward to risk (+150% / −50%)”.
• A risk note: “Worst case −$2,000 if it resolves No” for a prediction market, “Liquidation ≈ +45% move” for a leveraged perp, “No leverage” otherwise, or the funding cost when the hold is long.
• The amount, which you can edit, with what it makes at the target and loses at the stop.
• A Trade button.

Budget and how sizes are split

At the bottom of List view, set Budget to what you would really put to work. Alchemy then:

1. Takes the trades on venues you have switched on.
2. Splits the budget by the weights the model gave each trade, in $10 steps.
3. Gives the last trade whatever is left, so the total always equals the budget.

The footer shows Deploying, If every target hits and If every stop hits. Edit any single amount and only that trade changes.

Review the basket

Click Review N trades to open Review your basket: a numbered list with each trade’s amount, venue, target and stop, and an Open ticket button per row. In the app’s words, “Each one opens its own order ticket, and nothing is placed until you confirm there.”

Learn before you trade

Before you open a ticket, Learn on a card gives you a plain-language explainer for that one trade:

• Why this trade and The thesis behind it.
• How the trade works, step by step: the instrument, the sizing in dollars, the holding period, liquidity and the exit.
• Key figures: price, volume and liquidity for a prediction market; price, funding per hour, open interest and 24h volume for a perp.
• Notes on what can go wrong, ending with “Nothing here places an order; the Action button does.”

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