Build a Super Advanced Trading Bot on DYDX Hosted on AWS with Python - About the Hedge Ratio

The video tutorial explains the concept of hedge ratio and its importance in trading, using Bitcoin and Ethereum as examples. It covers how to calculate the hedge ratio and spread, and discusses the lack of co-integration between Bitcoin and Ethereum. The tutorial also touches on the complexities of foreign exchange trading and the PIP value, while emphasizing the course's focus on simple trading strategies using USD.

Why is it important to consider the PIP value when trading foreign exchange?

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What approach does the course take regarding trading strategies?

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