Financial Analysis - Build a ChatGPT Pairs Trading Bot - Long-Only Strategy

Financial Analysis - Build a ChatGPT Pairs Trading Bot - Long-Only Strategy

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Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

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The video tutorial introduces the long only trading strategy, highlighting its practicality for most traders compared to short selling, which requires a margin account and is riskier. The instructor explains the risks of short selling, such as unlimited potential losses if the stock price rises. The tutorial then demonstrates how to apply the long only strategy using signals and Bollinger Bands, emphasizing selling instead of short selling to maintain constant capital. Finally, the video covers how this strategy is coded, using specific indicators to manage positions.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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