{"id":4535,"date":"2023-04-13T08:09:47","date_gmt":"2023-04-13T08:09:47","guid":{"rendered":"https:\/\/prosperity.newai.com.au\/?p=4535"},"modified":"2025-04-13T10:44:51","modified_gmt":"2025-04-13T10:44:51","slug":"from-stable-to-strategic-optimizing-pearl-trading-in-the-tutorial-round","status":"publish","type":"post","link":"https:\/\/prosperity.newai.com.au\/index.php\/2023\/04\/13\/from-stable-to-strategic-optimizing-pearl-trading-in-the-tutorial-round\/","title":{"rendered":"From Stable to Strategic: Optimizing Pearl Trading in the Tutorial Round"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4535\" class=\"elementor elementor-4535\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4527382 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4527382\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf7763b\" data-id=\"cf7763b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4693e99 elementor-widget elementor-widget-text-editor\" data-id=\"4693e99\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.7 - 03-07-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Currently, it&#8217;s still the tutorial round, and there are <b>two products available<\/b> for trading: one is pearls with stable prices, and the other is bananas with highly volatile prices. I started by studying pearls because they seemed simpler (&gt;_&lt;).<\/p>\n<p>After some research, I found that the price of pearls fluctuates very stably around 10,000. So, my Strategy v1 was straightforward: submit two orders every round\u2014a buy order at 9,999 and a sell order at 10,001, with the maximum tradable size at the time, since it was a guaranteed profit. The results were satisfying: the profit curve rose steadily, though the total profit wasn\u2019t very high.<\/p>\n<p>Strategy v2 was an improvement over v1. I noticed that sometimes the market&#8217;s bid-ask spread was quite wide (4\u20136 dollars), while my Strategy v1 always kept the spread at 2 dollars. This meant that although I executed many trades, the profit per trade was relatively low.<\/p>\n<p>So, in Strategy v2, I split the approach into active and passive trading:<\/p>\n<p>\u2981 Active part: If the current bid\/ask prices are above\/below 10,000, I sell\/buy to them immediately at the best available price.<\/p>\n<p>\u2981 Passive part: If the market&#8217;s best bid\/ask are around 10,000, I place orders at best bid +1 and best ask -1 (while ensuring my bid\/ask prices don\u2019t exceed or fall below 10,000). This way, I secure priority in trades without always compressing the spread to just 2 dollars.<\/p>\n<p>The results of Strategy v2 were quite good, with a total profit of over 3,500.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Currently, it&#8217;s still the tutorial round, and there are two products available for trading: one is pearls with stable prices, and the other is bananas with highly volatile prices. I started by studying pearls because they seemed simpler (&gt;_&lt;). After some research, I found that the price of pearls fluctuates very stably around 10,000. So, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-4535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2023r0"],"acf":[],"_links":{"self":[{"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/posts\/4535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=4535"}],"version-history":[{"count":10,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/posts\/4535\/revisions"}],"predecessor-version":[{"id":4557,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/posts\/4535\/revisions\/4557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/media\/4537"}],"wp:attachment":[{"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=4535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=4535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosperity.newai.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=4535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}