#TradingPairs101 What is pair trading? Pair trading is an intraday trading strategy in which an investor takes a long position and a short position in two securities that have historically shown a high correlation but have temporarily lost their synchronization. The correlation between two securities refers to the degree to which they move together. More specifically, correlation is a statistical measure that assesses the relationship between the historical performance of two securities. It is usually expressed as "correlation coefficient." This measure ranges from -1.0 to +1.0; a negative value of -1 indicates that two securities move in exactly opposite directions. A positive correlation coefficient of +1 indicates that the two securities rise and fall exactly at the same time and under the same conditions.#TradingPairs101 $BTC