[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.

27

Ah, the dreaded time of self-reflection.

It's uncomfortable because I'm forced to face the hard facts. When my brother brings up his concerns about how we're approaching our passions and our lives, I get turned off not by his tone or honesty, but rather by my inability to accept that I am indeed making very little progress. It's not him who is the problem, it's me.

The Rest of 2020

I sit here on my cluttered desk writing one of many annual check-ins. It's April 20th and the first day of being 27 is nearly over. It too will pass, faster than I can bring myself to make peace with the fact that I can neither revisit the past nor fast-forward to the future... Though, I'd give anything to do either. Is there anyone who wouldn't?

2020

When we reflect on our past experiences, we see things a lot more clearly than the times we were in them. We know for a fact that investing in Company A would've resulted in a 700% return over a single year (true story, for another time), or we simply regret not having developed stronger bonds or skills. As the saying goes, "Hindsight is always 20/20".

Just today my brother and I got into a discussion about Larry Page and Sergey Brin's decisions to step down from their positions at Alphabet. As we talked more, the tone became slightly negative and demoralizing, and the question "people are doing so many great things, why are we not one of them?" came up. Needless to say, as that question came up, I stood still thinking of an answer.