Statistically speaking, correlation is the measured relationship between two units over a series of time. Correlation is measured on a range of -1 (perfect negative correlation) to 1 (perfect positive correlation). A positive correlation implies that the two units move in similar directions, the higher the correlation the closer and...

Hey there, a very well defined term but how does it end? And? Anyways I guess statistical methods and data gathering plays a huge role in the trading business. Well, is there any way I could put it to use? As in to calculate risk, calculate profits, and estimate 2 different subjects and measures them over a series of time? Is getting 100% risk-free possible? I am still learning yet I don’t have a stable cash flow yet.

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Forex