Test your market-taking skills with this expected value card game often encountered in trading interviews
Instructions
- 1 Three cards are dealt face-down on the table each round
- 2 The game presents a market for the sum of the cards’ face values
- 3 Calculate your expected sum and decide whether to buy or sell
- 4 The cards will be revealed for X seconds, then turned face-down again
- 5 Compute your actual profit or loss and submit it
Cards Market Taking Game Explanation
Welcome to the Cards Market Taking Game! Test your market-taking skills with this expected value card game often encountered in trading interviews.
How It Works
You’ll start with 500 points and a full deck of cards. Each card has a specific point value: numbers are worth their face value, so a 4 is worth 4 points, King equals 13 points and Ace 14 points (or 1, depending on your settings).
How to Play
- Initial Setup
Three cards are dealt face-down on the table each round. - Offer to trade
The game will present a market for the sum of the cards’ face values, not necessarily the expected value. - Buy or Sell
Calculate your expected sum and decide whether to buy (expecting a higher sum) or sell (expecting a lower sum). - Reveal Cards
The cards will be revealed for a customizable X seconds, and then turned face-down again. - Profit/Loss
Compute your actual profit or loss and submit it.
Example
- Game’s presented value: 21
- Your calculated expected value: 24
- Since 24 is higher than 21, you decide to buy
- Actual card values: {4, 10, 6} (Sum: 20)
- Profit/Loss: -1 (because you bought at 21)
Scoring
- Correct Profit: Added to your total points.
- Correct Loss: Subtracted from your total points.
- Incorrect Profit: No change in total points.
- Incorrect Loss: Double the loss is subtracted from your total.
This game is independently developed by Trading Interview B.V. and is protected intellectual property. This proprietary tool is provided for student interview preparation only and may not be reproduced or reverse-engineered.
