> ## Documentation Index
> Fetch the complete documentation index at: https://docs.mirrortrade.co/llms.txt
> Use this file to discover all available pages before exploring further.

# What are baskets

> A basket is a ready-made, multi-asset portfolio you buy into directly. It is not a bundle of traders.

<Note>
  This is worth being precise about: a basket is **not** a bundle of several traders you copy at once. It's a themed portfolio made of multiple assets.
</Note>

A basket is a pre-built portfolio spread across several assets that trade on Hyperliquid, crypto, tokenized stocks, or both, aimed at capturing a specific theme. For example, a "Memory Supercycle" basket might hold a fixed mix of memory-chip makers like SanDisk, Western Digital, and Micron, instead of you having to research and weight each position yourself.

## How it works

1. **Pick a basket.** Choose one of MirrorTrade's ready-made themes, or build a custom one yourself by selecting the assets you want in it.
2. **Set your amount and leverage.** You decide how much capital goes in and how much leverage multiplier to apply to the whole basket.
3. **MirrorTrade opens the positions for you**, sized to match each asset's target weight in the basket.
4. **The basket [rebalances](/rebalancing-explained) automatically** to stay close to those target weights as prices move.

## Why use a basket instead of picking one trader

Copying a trader gives you one person's judgment on individual trades. A basket gives you diversified exposure to a theme without picking a single trader's timing, and without having to manage the rebalancing yourself. The two aren't mutually exclusive, you can run copy strategies and baskets at the same time.