# Trades The Trades menu give users pre-packaged bundles which execute multiple orders at once. A group of orders executed simultaneously is called a "bundle." You can create generic bundles using [Bundle Mode](/essentials/bundle-mode.md). ## The Bullish Leveraged Basis Trade The Bullish Leverage Basis Trade strategy is the first trade described in [ATLAS - World's Risk Engine](/tl-dr-unique-features/atlas.md). You can, with 1 click, put this trade on by selecting it in the Strategies tab. Read how to manage and **unwind** it here:
* **APR:** The annualized return of the trade given current market rates. These rates can change after putting on the trade. * **Liquidation Price:** Technically, the trade cannot be liquidated based on the price path of the underlying asset. It can however be liquidated due to widening spreads at very high leverage. The liquidation price is a heuristic, aimed to estimate a price swing, at which the spreads could become wide enough to liquidate the positions. * **Estimated Cost:** The cost of entering into the trade, i.e. the execution cost. It is trading fees (maker/taker) + any slippage (market impact) incurred from executing at a very large size. * **Days to break even:** Given the APR, the number of days it will take to recover the execution cost. The basis trade benefits from duration. The longer you stay in the trade with the rate gap persisting, the more money you make. If you have to enter and exit a basis trade frequently, you may lose money due to the inherent execution costs of trading. ## Disclaimer This documentation and everything at the wcm.inc domain is provided for informational purposes only and does not constitute legal, financial, or tax advice. You should consult with qualified professionals before making any decisions based on the information presented. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.world.inc/tl-dr-unique-features/trades.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.