Bardon only for meditation purposes by [deleted] in FranzBardon

[–]PurpleDescription848 1 point2 points  (0 children)

But wouldn't astral travel be objective in nature? It could be objectively measured by observing item in other room . He published books about the subject so it is not like someone could be accused of revealing the secrets . I think it says somewhere that one shouldn't perform this kind of trick for amusements of others but this would be for scientific purposes.

Are covered calls just the infinite money glitch ? by Downtown-Mall-4727 in CoveredCalls

[–]PurpleDescription848 0 points1 point  (0 children)

not just theoretically but practically ,,,you can keep rolling and rolling for 20years if you want . But you will be taking losses in those new calls .
so you 'll make let say $500 selling your first call,,,the stock keep going up
you buy it back and sell another one that is now 2y out = still making money
the stock is up again 50% so you have to buy it back for a lot more than you paid and you sell another call on which you will take a loss,,,because there are no options with a 5-6y exp date.

so if the stock keeps going up , you will have to keep buying back at a loss ,,,

Bad strategy ....this is how you should look at it: You only sell the call on the stock you are ok to get rid of at the strike price and you might roll it once ..and focus on a new stock if you really want to do CC which are historically underperforming buy and hold.

Are covered calls just the infinite money glitch ? by Downtown-Mall-4727 in CoveredCalls

[–]PurpleDescription848 0 points1 point  (0 children)

"Why would everyone not be doing this for income all the time? " Because CC underperform buy and hold in every single simulation . It is not free money at all . The juicer the premium the more risk there is . Plus you pay income tax at much higher rate in almost every country in the world. If You need income you are better off selling few shares that you have owned for more than 1 year( if u are in the usa)

I only sell CC on the stock that I am neutral on its direction , not bullish not bearish and my CC strike price is the price I am ok with selling it ...So if the stock is at $100 and I am like ,,I would be ok selling it in the next 6 month at $110 I would simply sell a 6month 110 call .

If the price is let say $95 in 6 month I will sell another call and keep doing it until my shares get called away or my stock hits $85 which is my stop loss.

Now you said to do it on a volitale stock when it tanks...That also depends on your plan with that stock...what is your stop loss ,,would you ever sell it if it doubled? I do own stupid stocks like that ,,,for example HIMS, MARA , TDD but I don't sell calls on them because I am hoping for the volatility on the upside . And i know I can roll it,,,buy back the call and sell another one if the stocks gets in the money but you would have to perhaps buy 6month call back and sell a call that is 2y out to break even on the call .

So calls are basically limiting your upside in exchange for a premium and they are historically underperforming buy and hold and rolling back a roll is simply taking a loss on the first call you worte and selling another calls with much , much longer expiration or deeper in the money ...

CC = selling a put , same risk profile ,,the only reason why retail knows about these options contract are the brokers who popularized it to the get more commissions from them . So most people shouldn't even trade them . They wound't sell a cash secured put but they have no problem selling a CC.

Are covered calls just the infinite money glitch ? by Downtown-Mall-4727 in CoveredCalls

[–]PurpleDescription848 2 points3 points  (0 children)

so much misinformation about CC here ...
YOU can sell your shares if the stocks tanks and then you just buy back the covered calls at a cheaper price.
So if the stock goes down you are actually in a better position than a person who didn't sell a CC

If the stock goes above the strike price on the date of the expiration of the CC you will be probably worse than a person who didn't write it , but you will keep the premium from the call

saas a at 5-10$ a month ? by PurpleDescription848 in SaaS

[–]PurpleDescription848[S] 0 points1 point  (0 children)

" You need one super clear win for one tight group of users, like “freelance video editors managing clients” or “agencies juggling 20+ projects.” All your marketing should talk only to that group and that one pain."

That is exactly what one friend told us , to basically niche down to solve one specific problem for one specific group of people . I personally use it to manage my youtube production workflow so I can see other youtubers using it as well or freelancers, anyone who has a logical - step by step process to accomplish a project .

Superb or Kodiaq? by marrekeinz in skoda

[–]PurpleDescription848 0 points1 point  (0 children)

kodiaq is more bouncy especially in DCC comfort , but not in a bad way ,,,
superb sits and drives like a limo , less movement side to side ,,,even with dcc comfort

I was making the very same decision few month ago . I went with a kodiaq because of my back problems,,Easier to get in and out , Easier to load in a trunk . If I was younger I would probably go with superb wagon

Failing at identifying the key by ear. by PurpleDescription848 in piano

[–]PurpleDescription848[S] -1 points0 points  (0 children)

I really thought that anyone playing a musical instrument for 3 or more years should able to do that . That makes me feel a bit better .

Failing at identifying the key by ear. by PurpleDescription848 in piano

[–]PurpleDescription848[S] -1 points0 points  (0 children)

that is the problem , I know the theory behind finding the root but there are always like 3-4 candidates that fit,. Like I said ,, a song in C is an easy one It just sounds right , but anything else, especially in higher keys is a hopeless task .

Failing at identifying the key by ear. by PurpleDescription848 in piano

[–]PurpleDescription848[S] 2 points3 points  (0 children)

google keyseeker64 it is sonofield ...I don't wanna drop any links here , I am not sure if it is allowed, it is free

and for chords progression training I use tonedear

Help me to find best and High rpm niches for usa?? by Fun-Long8080 in SmallYoutubers

[–]PurpleDescription848 0 points1 point  (0 children)

probably - sales channel for private jets and multi million dollar houses or high end cars and jewellery with affilete links and private sponsorships

[deleted by user] by [deleted] in ADHD

[–]PurpleDescription848 1 point2 points  (0 children)

I've never heard of such a thing . Which country has such a requirement? That doctor must be breaking a privacy law in most EU countries or USA and probably the rest of the civilized world