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> What's the point of correlation?

Knowledge.

> If I put 2 buys either I will have double profit or double loss. If I put 1 buy 1 sell I get zero.

Yea, so it pays to know if something is correlated to avoid this. It also pays to know if something is correlated and their spread gets out of whack short term allowing you to profit from the expectation they'll return to being correlated.



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