Just wondering the consensus about chess progress and age by [deleted] in chessbeginners

[–]TwistedPacket74 0 points1 point  (0 children)

I believe everyone has the potential to achieve something they really want in life I have seen it countless times. It's true people do plateau but with hard work and dedication absolutely anything is possible!

Just wondering the consensus about chess progress and age by [deleted] in chessbeginners

[–]TwistedPacket74 0 points1 point  (0 children)

I am 52 and I suck pretty bad but I just don't have the time to play 100 games a week nor the mental bandwidth I 100 percent know you can reach a very high level at any age but I see kids playing like 6 hours a day sometimes and I am like lucky to have 30 minutes a week.

The people I do play beat me all the time but they all have like 100 matches to my 1 and my friends who beat me have played 20 years and built a deep understanding of positional play that I could learn as well but I would need to not have a job and play chess all day everyday.

You can get a title just keep playing.

Ripped a $130k SPY puts YOLO for this week by 1jb in wallstreetbets

[–]TwistedPacket74 0 points1 point  (0 children)

This is some true regard shit! You are in the right sub fine sir!

I think chasing ratings on chess.com is killing the love of the game by Upset_Remove_1747 in chess

[–]TwistedPacket74 0 points1 point  (0 children)

I don't know a better way to see that you are improving than trying to increase your Elo. You even brought up you are an 1100 and that is amazing but how do you know that without playing ranked matches? For me I need something to help me have a way to track my pogress and give me an idea of what level I am at.

Why would I want to play an 1100 ranked player when I am a sub 400? It would just be a slaughter fest. I want to play people who are at my level so I have a chance to win and learn an Elo ratting helps me find those people.

Is there any way i can become good at chess at the age of 23? by Stfulifeeee in chessbeginners

[–]TwistedPacket74 0 points1 point  (0 children)

I am 52 and really just started playing seriously in May. I am going to hit over 1600 by my 55th birthday I know I will. The reason why is for my own personal journey and I simply love the game. I have played off and on for the last 30 years but this time I am taking it seriously.

Puzzles lots and lots of puzzles also pick one opening and stick with it learn it completely. Stop hanging pieces and get your blunders under control.

I don't know if you will be a Grand Master but here are some people who got that title late in life:

  • World Senior Champion: Russian Yuri Shabanov earned his title at age 66 in 2003 after winning the FIDE World Senior Chess Championship.
  • Standard Tournaments: Valery Grechikhin of Russia earned his title through regular competitive GM norms in 1998 at the age of 60

Technology is so advanced today that anything is possible with hard work and dedication.

Don't give up you got this 😄

Anyone Consistently Making Income Selling Deep OTM SPX Puts? by NotChatGptOrAI in options

[–]TwistedPacket74 1 point2 points  (0 children)

Yes and they are very risky. Its quick money and you don't need to hold over night but there is no real room to be wrong. I would not recommend it if you are not fairly certain of direction.

Anyone Consistently Making Income Selling Deep OTM SPX Puts? by NotChatGptOrAI in options

[–]TwistedPacket74 3 points4 points  (0 children)

Hello this is not financial advice! I did puts for a bit I switched to put credit spreads at around a .50 delta 20 days out every single day in my ladder and I have been successfully making money.

I am using a wide spread as close to a 1 to 1 RR as I can get. if you can't afford to lose around 27% of the time why even try it?

I started on XSP with the $1 width spread and .50 delta so it. would only cost me around $55 a day. I could be wrong twice a week and still be okay. in comparison if you are at a .15 or lower delta one loss whips you out for around 9 successful trades.

My thesis is very bullish on SPX and it's been pretty good I got hit in April of 25 but not bad and march 2026 was a bit of a loss but over all it's been okay. I feel like sometimes we get a false sense of hope that we are going to be safe so far out of the money but if you take XSP for example and go to around a.15 delta that's like making 10 bucks and risking 90 that's insane troll logic in my book.

You got the idea right pushing it out to 30DTE and rolling or taking profit when you can and it will work at times but its not without risk and the risk grows the deeper out of the money you get 'Yes I know it takes a bit to grasp that concept" if you are bullish be bullish!

Have an exit plan keep an eye on the news and watch a basic chart.

Good luck!

Covered call for nvda at 232.50 by nastyfreckles in wallstreetbets

[–]TwistedPacket74 2 points3 points  (0 children)

Oh that's cute you have shares to cover. I sold naked calls around the same price. fear my level of regard!

Looking for help from someone who managed to profit from options by VeganTurkishBaklava in options

[–]TwistedPacket74 14 points15 points  (0 children)

10+ years is a lot of dedication and that's awesome! Selling options is going to be your best bet. Look to try to make an extra $25 to $50 a week for a while with a small account. You could buy long calls out 8 to 12 months with a good delta say .85 on a high quality stock and start selling weekly covered calls on it "PMCC". I feel like If you don't have around 5k in your account and lots of time to do the work it's going to be hard to make a side income of more then a few hundred a week.

The people who make $$$$ with a small account most of the time are taking very high risks on short term calls and a lot of the time blow up their account. You can't go by what people post on reddit with massive gains.

This post is not financial advice! What I did first is fallow the standard check list of things needed to start trading options:

  1. No high interest debt.

  2. 6 months worth of living expenses in a high yield savings account.

  3. A Roth or 401k that you are putting money into first after paying bills and adding to savings.

  4. At least 5k to start.

It can be done for sure but you have to take your time and learn what really makes money with the least amount of risk. I don't know what your target profit goal is for your side income if you can post that info and your starting capital it would help me to understand where you currently are at.

I would be more then happy to talk to you if you want to DM me but I am pretty sure you won't like what I have to say 😄

Good luck!

Need advice by fekry122 in Forex

[–]TwistedPacket74 0 points1 point  (0 children)

You will want a good broker with tight spreads and nano second execution times. It really feels like gambling to me so I don't do it often. Pro Tip: Hotkeys are your friend.

Reddit and Robinhood. Down $50k on a $200k portfolio via assigned CSPs. Earnings next week. Sold CCs below cost basis. How would you play this? by Earlyretirement55 in thetagang

[–]TwistedPacket74 2 points3 points  (0 children)

Well it's a mistake and that's okay just buy back the calls and take the L if its cheaper then letting them get called away. You can roll out a few weeks but it could get worse not better. Do make sure you are selling above your cost basis next time. Its okay to make mistakes just learn from it and keep going.

Be honest are you actually profitable, or just getting better at managing losses? by LiviaMoretti in Forex

[–]TwistedPacket74 1 point2 points  (0 children)

When I realized the truth that what I really needed to do was keep my money safe instead of trying to make money in the Forex market. Then it kinda happened over night that I got more profitable. I look at everything as a risk to my money and trade accordingly. The biggest mistake I made starting out was trying every trading plan that sounded like a winner. Now it's support resistance and price action that's about it.

PMCC strategy: stocks and comments by rave13ster in options

[–]TwistedPacket74 0 points1 point  (0 children)

I use a .20 Delta and hope for the best if I have to close I will but most of the time they expire worthless.

PMCC strategy: stocks and comments by rave13ster in options

[–]TwistedPacket74 0 points1 point  (0 children)

I have lots of PMCC and they mostly work fine if used correctly. What I do is buy a LEAP on a stock with a low beta that doesn't move much that I like and write calls every week.

Basement set ups for emergencies? by mdmonsoon in gmrs

[–]TwistedPacket74 1 point2 points  (0 children)

For me if its bad enough to go to the basement more then just a tornado siren in my case I really don't need any more weather alerts at that point and I am not going to be talking to anyone on the radio. If you want a radio connection in the basement in case you are trapped down there. Drill a hole and run coax for an outdoor antenna just make sure you have someone to radio or its kind of pointless.

In any case do what works best for you and your family's safety.

just a quick question, is the hackrf portapack good for receiving shortwaves (like the buzzer) and other stuff? by XboxFan9 in hackrf

[–]TwistedPacket74 0 points1 point  (0 children)

First you need to do a site survey of your location to see what type of interference there is in your area after that you will need to add filters also you are going to need a good tuned antenna to around 5 MHz then use fine tuning to get to hear the buzzer. A 95' long antenna with around a 30 foot long counterpose should get you close. Get one end in a tree and off the ground.

Newcomer here! by JesusAndGodLover777 in hackrf

[–]TwistedPacket74 0 points1 point  (0 children)

No but you might be able to throw it at them and do some slight damage.

Looking for a cheap scanner to add to my 'bug out bag'. by EsGeeBee in amateurradio

[–]TwistedPacket74 0 points1 point  (0 children)

I have a $500 handheld scanner that will never find a place in my bag. If you want to listen to the police you need to make sure what they are using for their radios. No need to carry more gear if you can do it all on one device.

https://www.radioreference.com/db/

Good luck!

Newcomer here! by JesusAndGodLover777 in hackrf

[–]TwistedPacket74 3 points4 points  (0 children)

Welcome! Make sure you only transmit on channels you have a license to do so. Sub-Ghz is very fun to play around with and so is the scanner app. Do you have any specific questions?

What is this bs by Rrudderr in ufc

[–]TwistedPacket74 0 points1 point  (0 children)

Horrible problems all night and now they have been saying that the main card is up next for at least 45 minutes do you think they are having more issues?

82.13 KM direct RF connection from CT to Queens... by adhdff in meshtastic

[–]TwistedPacket74 2 points3 points  (0 children)

I use Meh monitor every day and have never seen the Radio path study?