TRADING GAME

BEAR vs BULL is a game created by Smart Experience, which aims to offer an educational trading and investment card game.

The game is therefore aimed at games and investment enthusiasts, but above all for those who are not afraid of the word Finance.

 

LEARNING BY PLAYING

BEAR vs BULL is the cardgame that introduces you to the dynamics of trading and investments, giving you a taste of the emotions typical of the world of financial markets and allowing you to learn how to manage them, through realistic strategies.

The player will find himself managing his own risk appetite in relation to:

• his own emotions
• the market trend
• how other operatorsplay
• his availabilityof liquidity
• market movers and sudden black swans!

Furthermore, all the cards carry captions to the relative images, which explain some specific financial dynamics or historical events in the world of finance for educational purposes only (fundamental analysis).

 

TEACHING BY PLAYING

The entire game is also designed to give food for thought and teaching.

For example, it is designed so that statistically the rise in prices is slower than the relative descents. At the same time, it will never be possible to know in advance whether you are in a bull or bear market. (see the link of rules below for more)

The same arrangement of the candles is designed for fans of technical analysis

But why Bear and Bull?

Bear typically attacks its prey from top to bottom, which is why it is used in financial language to indicate a falling market.

On the opposite, Bull attacks from the bottom up and therefore is used to represent a rising market.

 

 THE GAME

• For 2 to 7 players (Single Playerversion with strech goal!)
• Objective: Whoever earns the most wins
• Playing time:1 hour
• More difficulty levels(also in the basic Financial Markets version!)

On the markets, if you believe that the price of a financial instrument will rise, you can open a bullish position, investing a portion of your money (Size) in the belief that you will close the position at a higher price and collect the difference.

Otherwise, if you think the price will go down, you can open a bearish position.

 

Also in BEAR vs BULL players can buy or sell financial instruments by opening or closing positions, influencing the price and respective charts with their trades.

 

GLOSSARY

“Japanese Candlesticks”: are one of the ways to display data in financial charts. To build a candlestick chart, you need the opening, maximum, minimum and closing values (Open, High, Low, Close) of a financial instrument traded on a market in a given time frame (Timeframe). Depending on the Timeframe chosen by the trader, candlesticks can summarize the prices of different time units (i.e. 1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, 1 day, 1 week, 1 month).
The Candlestick is composed by a Body, which indicates the price excursion between Open and Clo- se, and the Shadows, thin lines above and below the Body which represent the maximum and mini- mum prices touched in the Timeframe.

Altcoins, or alternative currencies, are cryptocurrencies created especially to correct Bitcoin errors, which have always been a reference point for every cryptocurrency.

Bips – Basis Point: The basis point indicates the 0.01% of a quantity (0.01% = 0.1 ‰ = 1 ‱). In other words, it stands for the hundredth part of a percentage point. 100 basis points are equivalent to 1%. Basis points can also be called “bips” (often spelled bps) or “basis”.

Blockchain is a shared and immutable data structure. It is defined as a digital register whose entries are grouped into blocks, concatenated in chronological order, and whose integrity is guaranteed by the use of cryptography.

Call: Buying a call option gives the holder the right to own the security at a set price, known as the option exercise price.

Commodity is a term that indicates a good for which there is demand but that is offered without qualitative differences on the market and is fungible. This means the product (i.e oil or metals) is always the same regardless of who produces it.

Compound interest is a method in which interest is added to the capital that produced it at any moment. Compound interest rate with continuous capitalization has mainly theoretical applications, in financial mathematics, although it is relevant in real operations such as option pricing.

Contango-backwardation: Typically, in commodities the prices of the closest maturities are lower than those of the most distant. This usual situation is called contango and (occurs as?) lasts until there are storage and maintenance costs. When, on the other hand, the value of the futures contracts is lower than the spot price, we talk about backwardation.

Cryptocurrencies: Cryptocurrencies use P2P technologies on networks in which junctions are made up of users’ computer around the globe. There is no central authority controlling them. Decentralized control of each crypto works through general ledger technology, a blockchain, which serves as a database for public financial transactions.

DeFi (Decentralized Finance) includes all those financial services that use smart contracts, automated executive agreements that do not require the presence of intermediaries and that, instead, use blockchain technology directly on the Internet.

The derivative instrument in finance is a security that derives its value from another financial asset or from an index, called the underlying. The main uses of derivative instruments are hedging against a financial risk (called hedging), arbitrage and speculation.

EBITDA (gross operating margin) is the acronym for “Earnings Before Interest, Tax, Depreciation and Amortization”. It is a way to evaluate the performance of a company, by excluding financial decisions or the tax context from the calculation.

ESG is the acronym for “Environmental, Social and Governance”. It is used in finance to indicate the selection criteria that characterize the so-called sustainable investments (all those activities that take into consideration environmental, social and governance).

An exchange is a tool closely related to cryptocurrencies, a technological platform that allows you to trade this financial product. Its function, therefore, is to be able to make the purchase and sale of cryptocurrencies possible.

Gas in Ethereum is a unit of measurement used to measure the work done by Ethereum to carry out transactions or any interaction within the network.

Gross Domestic Product (GDP) is a macroeconomic monetary measure that shows the aggregate value, at market prices, of all final goods and services produced in a country in a given period of time.

Hyperinflation indicates a situation of inflation so high that consumers are induced to use foreign currency. It occurs when a nation tends to fix prices in foreign currency and when the price level has doubled over a three-year period. The main cause of hyperinflation is a persistent increase in the amount of money.

An initial public offer (IPO) is an offer to the public of the securities of a company that intends to go public for the first time on a regulated market.

Metaverse is a term coined by Neal Stephenson in Snow Crash (1992), a cyberpunk science fiction book, described as a sort of virtual reality shared via the internet, where one is represented in three dimensions through one’s avatar.

Mining: Most of the crypto curriencies are extracted by the so-called “miners”, within the blocks of transactions called “mines”, powerful computing centers that validate the transactions by generating a new amount of crypto curriencies. Graphics cards are usually used to achieve this aim.

Money management: Also known as “Risk management” in stock market investments language, it is an expression that refers to money management techniques aimed at maximizing profits and potentially reducing losses. It is usually related to the management of the sizes invested.

NFT (Non-Fungible Tokens), are a kind of “digital tokens”, which are saved on the blockchain and unequivocally demonstrate that the owner of the token is also the person who owns the digital work connected to it. They have become the fashion in the art world to assign ownership of digital works.

Open interest represents the number of derivative contracts, such as futures and options, not yet closed at a specific point in time. It can therefore be defined as the sum of all the long or short positions open in the market at a specific moment.

Present Value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Determining the appropriate discount rate is the key to properly valuing future cash flows, whether they be earnings or debt obligations.

Proof-of-stake is a type of protocol for securing a cryptocurrency network and for achieving a distributed consensus. It is based on the principle that each user is required to prove possession of a certain amount of cryptocurrency.

The Proof of Work incentivizes miners to compete with each other in trade processing, receiving a reward in return. On some crypto it is being replaced by the Proof of Stake.

Rating is a judgment expressed to a company by the Rating Agency, an external and independent entity, on its ability to pay its debts or not.

Stoploss is a type of buy order used to limit losses, in case the financial instrument on which we are trading does not go in the assumed direction.

Target price is a market price level, identified in advance, after which it is decided to close the reference size.

By Tapering we mean the return to a condition of monetary normality after a period of support by a Central Bank to the economy of a State or its banking system. Tapering therefore indicates the progressive reduction of monetary stimuli from a central bank.

Quantitative easing: It is a policy implemented by central banks to “create money” by purchasing government bonds or other bonds on the market or by increasing the amount of money lent to lenders through open market operations.

Triple Witches: It occurs every third Friday of each natural quarter’s last month. It corresponds to the simultaneous expiration (rollover) of futures and options: index futures, options on indices, share options.

Volatility: In finance, volatility is the measure of the percentage change in the price of a financial instrument over time. high volatility is usually associated with a bear market, while low volatility is associated with a bull market.

Wallet: While an exchange is a trading service, a crypto wallet allows for cryptocurrency sending and receiving transactions.