Chapter 12 · §6

Deliberate exclusions in version 1

Staying narrow on purpose

Version 1 should stay narrow.

The tradable universe should be cash equities and broad ETFs only. Do not open with options, leveraged ETFs, inverse ETFs, or illiquid tail names. Those create complexity faster than they create value.

Do not require journals, research writeups, or thesis notes in version 1. That will create friction and resentment. The competition should infer what it can from trading behavior first.

POSSIBLE INSTRUMENTS SELECTED FOR V1 — 2 OF 12 Cash Equities Broad ETFs Sector ETFs Leveraged ETFs Inverse ETFs Single-Stock Options Index Options Futures FX Crypto Bonds Illiquid micro-caps Everything else stays off the table until v1 is proven.
Many possible instruments. Two deliberate choices.
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