Financial Analysis - Build a ChatGPT Pairs Trading Bot

About this course

Updated in May 2025. This course now features Coursera Coach! A smarter way to learn with interactive, real-time conversations that help you test your knowledge, challenge assumptions, and deepen your understanding as you progress through the course. In this course, you will learn how to effectively use ChatGPT in financial analysis, specifically focusing on pairs trading. By the end of the course, you will be equipped with the skills to automate parts of your trading strategy, test its effectiveness, and make corrections using the power of AI. The course begins by introducing you to pairs trading, an essential concept in finance. You'll gain an intuitive understanding of its foundations, such as the underlying rationale, advantages, and how to begin implementing it. As you proceed, you will learn how to craft the right prompts to use ChatGPT for pairs trading and test the strategy using historical data. You’ll also dive into more technical aspects of pairs trading, including correcting trading signals, Z-score computations, and return calculations. This knowledge will empower you to optimize strategy performance, address issues like spread discrepancies, and handle errors in real-time. The course also covers advanced topics like benchmarking against buy-and-hold strategies and implementing long-only positions. This course is ideal for individuals with a basic understanding of trading and financial analysis who want to use ChatGPT to enhance their trading strategies. It’s suitable for anyone looking to improve their quantitative finance skills and gain practical experience in AI-assisted financial decision-making.