Zeely Vonka and Charlie Bakit's Challenge

It was a Sunday afternoon, a perfect day to relax. Charlie and I were having late brunch, contemplating what to do with the funds we've collected. Then this exciting idea came to us. 

"Why not fund small businesses for students and fresh grads?" Charlie exclaimed. And it all started from this small idea. Later did we realize the magnitude of it.

We have the funds, some people have the ideas. Why not let the two meet? All for the sake of paying it forward.

The Parable of the Talents. Taken from the book of truths, this was a fitting theme Charlie and I picked for the project.

"To those who use well what they are given, even more will be given, and they will have an abundance. But from those who do nothing, even what little they have will be taken away."

--------------------------------------------

To those who will accept this challenge, head on to Charlie's Page.

By clicking this link #CharlieBakitsChallenge

Perspective of A High Risk Trader

"Napapadalas na."

blurt out as I check the zennies left in my account. A sign that I've been trading in and out of the markets with considerable volume.

Most people would panic at the sight of a 4-6 figure loss. But it shouldn't be about the value. Focus instead on the percentage of gains and losses. A 250k loss that is -2% is small compared to a damaging blow of -50k that is -10% of a trader's port. It's just a matter of perspective.

Taking on these high risk stocks with 6-7 figures is quite easy. But with 8? It takes a special kind of crazy. These are my defining moments as I challenge myself to this weight class. Balancing a versatile trading system with volume while trying to keep the right state of mind.

If there's one thing I've learned on these kinds of plays, either you get in early or you get out quickly. Time to test my limits.