#TradingPairs101 Function of Trading Pair:
Providing trading opportunities:
With pairs, traders have the option to trade various assets simultaneously.
Measuring relative value:
In forex trading, currency pairs indicate the exchange rate between the two currencies.
Applying investment strategies:
Pairs trading, for example, uses strategies to identify price differences between two correlated stocks.
Importance of Understanding Trading Pair:
Understanding trading pairs is important for traders to:
Choose the assets they want to trade, Manage trading risks,