Financial Analysis - Build a ChatGPT Pairs Trading Bot - More Pairs

The video tutorial explores pairs trading strategies, using examples like Visa and MasterCard, Procter & Gamble and Johnson & Johnson, and AT&T and Verizon. It discusses the importance of both qualitative and quantitative analysis in selecting trading pairs. The tutorial tests various pairs, including Microsoft and Apple, and highlights the challenges of the strategy, especially with cryptocurrencies like Bitcoin and Ethereum.

Which of the following pairs was suggested by ChatGPT for a pairs trading strategy?

• Visa and MasterCard

• Amazon and eBay

• Microsoft and Google

• Tesla and Ford

What is the primary basis for ChatGPT's suggestions for pairs trading?

• Historical price data

• Industry knowledge

• Market news

• Technical indicators

What was the outcome of applying the pairs trading strategy to Microsoft and Apple?

• No change

• Loss

• Break-even

• Significant profit

Which pair showed a mean-reverting spread but still resulted in a loss?

• Visa and MasterCard

• Tesla and Ford

• Coca-Cola and Pepsi

• Amazon and eBay

What factor is mentioned as influencing the performance of the pairs trading strategy?

• Market news

• Trading volume

• Time period

• Interest rates

Which additional pair was tested for the pairs trading strategy?

• Gold and Silver

• Bitcoin and Ethereum

• Litecoin and Ripple

• Oil and Natural Gas

What is a key takeaway regarding the pairs trading strategy discussed in the video?

• It requires careful selection and analysis of pairs

• It guarantees profit in all scenarios

• It is best used for short-term trading

• It is only effective for technology stocks