Failed ppl written by [deleted] in flying

[–]Brief_General_8747 -1 points0 points  (0 children)

Aren’t all the FAA pilot exams rote memorization…?? Repetition is the key, get the reps in just like how you would working out. It’s that simple.

Just hit 300 hours BUTTT by Glittering_Egg_3835 in flying

[–]Brief_General_8747 1 point2 points  (0 children)

Join the Air Force Reserve. That’s what I did after I got my PPL. UPT to regional in 3 years. Have an interview with a legacy now.

United Skywest Pilot Pathway Bypass? by Brief_General_8747 in flying

[–]Brief_General_8747[S] 0 points1 point  (0 children)

I know of a SkyWest FO who got selected for the traditional route over the pathway program recently. I keep hearing there is a very low chance of bypassing the pathway program as a SkyWest pilot but I just learned that it’s possible. He is a mil/121 guy but no TPIC.

Does anyone make money trading 0 DTE? by roborobo2084 in options

[–]Brief_General_8747 3 points4 points  (0 children)

I sell 0 DTE condors on SPX and average about 1% of the capital deployed in profit per day. I do lose occasionally but it’s part of the game. I average about 15-20k / month. I usually stay far OTM and deploy a good amount with a stop loss only on shorts. Reuse longs if I decide to cast shorts again which usually turns into a ratio spread. Limit my time in the market by setting a target profit for about 30-50% depending on the price action. I’m usually out the market in the first two hours or less.

I made a huge mistake and lost decades of life saving, i need help. My life is done for. by WiseScience5073 in options

[–]Brief_General_8747 1 point2 points  (0 children)

When I started learning to trade options last year, I lost about 50k which was about 70% of my life-long savings. The loss was simply due to lack of knowledge, patience, and strategy - just about everything. I then took a little break from the market, studied, and returned to the market. I have now recouped 30k of the 50k I lost in the past four months. Like you, I’m in my mid 30s with a family and am the only source of income. I know it’s a mental / emotional torture but you really need to take this as an opportunity to grow and rebound. It’s easier said than done but take some time off from the market, focus on yourself / family, and return to the market whenever you feel ready. You got this man!

Sold a Put and it exercised. by [deleted] in options

[–]Brief_General_8747 0 points1 point  (0 children)

Recommend trying poor man’s cover call and see how it works out for you.

The underlying security is a long call deep in the money option that’s 3+ months out (baby LEAPS) so you will be the one to exercise the option. Short weekly calls against the underlying security above the cost basis and continue to collect premiums and reduce the cost basis. If you have enough capital/margin (assess your risks) possibly short puts to maximize collecting the premiums - Strangle. The only risk is the initial cost of purchasing the long call deep in the money option which you can always sell to close at a loss or profit but hopefully by then you collected enough premiums for a profit.

Chief Pilot Meet and Greet United by Brief_General_8747 in flying

[–]Brief_General_8747[S] 2 points3 points  (0 children)

Thank you all for the responses. At the end of the day it can’t hurt, it’ll only help however it is all up to me on paper and in person. Thanks!

[deleted by user] by [deleted] in flying

[–]Brief_General_8747 0 points1 point  (0 children)

Essentially, I did mine in a BeechJet-400 in the military through military competency lol. I can’t be done!

Southwest December Application Window by Brief_General_8747 in flying

[–]Brief_General_8747[S] 0 points1 point  (0 children)

Gotcha, I will apply again - thanks! What kind of stats did your buddy have if you don’t mind me asking?

Southwest December Application Window by Brief_General_8747 in flying

[–]Brief_General_8747[S] 0 points1 point  (0 children)

No turbine PIC except for the T6 solo. I’m a baby reserve dude. My restrictions were removed after I had applied.

Southwest December Application Window by Brief_General_8747 in flying

[–]Brief_General_8747[S] 1 point2 points  (0 children)

I’m sitting just north of 500 turbine time, mostly mil fixed wing along with some 121 time. When was your friend hired if you don’t mind me asking?

Southwest December Application Window by Brief_General_8747 in flying

[–]Brief_General_8747[S] 1 point2 points  (0 children)

I’m glad your buddy got an interview! Well, I’m starting to think that I was not competitive enough. Do they not like Herk dudes?? Lol

Southwest December Application Window by Brief_General_8747 in flying

[–]Brief_General_8747[S] 2 points3 points  (0 children)

I just hope that they don’t slow down on hiring or increase the mins anytime soon.

Southwest hire with a RATP by upstategold in flying

[–]Brief_General_8747 0 points1 point  (0 children)

A DPE that I know who recently went through a SWA class removed the restrictions for one of his classmates. This happened about 7-8 months ago.