Anchor

Anchor Logo

Inspiration

Becoming financially literate can be challeging, especially when it comes to stocks and trading. One of our founders, Ayush, is an experienced trader, and he has always been asked by beginners about how to get into investing and trading.

What it does

Anchor is a robust tool that interactively teaches essential trading skills by providing real historical data. It features an elegant chart that acts as a line and candlestick chart for users to analyze the stock's behavior effectively. Users can select a date from the past to practice, essentially providing a risk-free environment to test out their trading skills, constantly improving their skills and building confidence. Essentially, Anchor is designed to be easy, simple, and fast.

How we built it

Anchor was built with a modern tech stack that includes:

Node.js
React.js
Vercel
Recharts
yfinance, a Python API for past stock market data

Challenges we ran into

Most of the outstanding errors actually came from debugging errors across the codebase, as it has a variety of different components. Keeping track of those components and debugging errors in those components was difficult and frustrating at times, but we patiently managed to effectively fix all of the errors.

Accomplishments that we're proud of

The combination of Anchor's UI being beautifully designed, being extremely simple to use, and being extremely functional is a combination that we're very proud of developing.

What we learned

Throughout the process, we not only learned how to rapidly develop and iterate with time constraints but also learned more about trading, the stock market, and why it's important to have financial literacy in today's world. Financial security is a major goal for most people, and it can only achieved by being financially literate. Anchor is the platform where beginners can take that first step.