I want to check whether the given set is closed or bounded $$S = \{X\in \mathbb R^{2\times2}:X\succcurlyeq0\text{ and trace(}X) = 1\}$$
I tried it in the following manner:
Let the generic matrix be \begin{bmatrix} x_1 & x_2\\ x_3 & 1-x_1 \end{bmatrix}, Then we find the eigenvalues of the matrix to satisfy the P.S.D. condition. This gives us $\lambda^2-\lambda+(x_1-x_1^2-x_2x_3)=0$. Now, both the eigenvalues should be positive, and thus we get the condition $x_1-x_1^2-x_2x_3\geq0.25$
So now the set will be closed and bounded if the set S = $\{[x_1,x_2,x_3]\in\mathbb R : x_1-x_1^2-x_2x_3\geq0.25\}$ is closed and bounded.
But while calculating the critical point of the above function I found that it does not have any local/global minimum. The critical point is ($\frac{1}{2},0,0$) and results in the function value of 0.25
Can anyone give a hint about how to proceed further?
Is there any other method that is less calculation intensive?
Thanks!