Uncertainty vs Risk

As I dive more into the world of Finance, I find this is a field that is unparalleled when it comes to requirements vs. reward.

As a long-time "creator" with hopes of working on tech projects so that one day they may be used in every nook and cranny of the world, I suffered many setbacks. For one, I'm not a gifted individual, and so it becomes crucial for me to try my utmost to make up for that. I achieve equilibrium by committing more than my peers, and perhaps the only person who comes close to my commitment is my brother. I also entrench myself in whatever task I take on, and I do it wholeheartedly, every time... but sometimes, these aren't enough.

Startups, especially one in tech, require more than just knowledge and commitment. They require partners/employees, capital, and most importantly, a valid solution to a valid problem. These requirements are high, and even after one gains access to them, the chance of failure remains remarkably high, as evident by statistics around startup failures.

But, Finance requires almost nothing but capital and perhaps a bit of commitment. Most of what it actually requires is intangible, like patience and sticking to principles like glue, whatever the word for the latter is.

[SERIES CHILL 3] Outcomes of August, September and Moving into the remainder of the year

This is a post in an ongoing series about ClassHill.

[SERIES CHILL 2] A discussion with our Users, key findings and our plan

To keep these slightly concise and infrequent, I decided to wait a bit to write the second article of the series. The first can be found here.

[SERIES CHILL 1] ClassHill, progress and self-check in

The past few weeks have been a combination of exhausting and the definition of "startup life".

Algorithms for Trading in a Volatile Market

The updated version of the script in this discussion can always be found on Trading View.

I venture off into many hobbies, everything from running and trying to complete a mile in less than five minutes, to building a bike because I watched one-too-many Youtube videos of people converting old bikes into cafe racers. Most of my hobbies start that way, on Youtube, watching people trying to do things that seem a little hard to achieve but fun at the same time.

The COVID pandemic brought a pretty cool opportunity to dive into the stock market. Some however would argue that this is the worst time to dive into such a hobby, but I disagree... So I dove deep into derivatives and equities alike and have found a lot of really cool stuff.

The derivatives game is hilarious, as it resembles gambling so closely that even researching my moves makes me feel like I'm sitting at the blackjack table, trying to count my way to a twenty-one.

So, for now, let's roll with just equities, mostly as a day-trader.

Doubting my Vibe

Today was a rather shitty day. I woke up with every intention to follow through with my scheduled trades. The plan was to get in on PK if/when it fell below $8.00 with a stop loss of $0.10 to ensure my exposure was minimum. Here's why it had become the perfect opportunity to initiate a trade.

Idea: The State of Dining-in

It's no secret that the restaurant industry is one of the most competitive, and that the chances of a restaurant surviving its first year are much like a startup surviving its first year... next to none. To combat these low odds of survival, restaurants have been actively involving technology in their daily business operations to get the slightest advantage over competitors. They've done everything from order online and pickup, to order online and have the food delivered. F**k, the industry has gone so bananas, that some restaurants are even selling their leftovers at a 50% discount on apps like Karma.

Needless to say, restaurant-ing has been touched by the magical wand that is Technology. But I think there's one aspect of the business that remains heavily unaffected, and presents an opportunity to be seized.