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You are missing a chunk around the pivot pin, if you have it be sure to join it to the rest of the razor, as Jimmy said this is critical, and if you do post more pics please show the entirety of the...

It beats the options, there may be some irritation/razor burn the first few times as the skin makes adjustment and as you develop your technique.

Welcome to SRP! Get it honed by a pro, this will give you a benchmark as what you need to achieve. In the meantime, build a sufficient kit of the essentials, strop, soap and brush and do the homework...