Kurtis Korbain

Here for Stock, Options, and Crypto Trading Ideas
Not Financial Advice

[Market Captain @MarketCaptain_]

Seems like a good day for a thread on managing your psychology of huge outsize moves as a trader.

Always remember:

[Kurtis Korbain @RichDickerly]

@tobusmcgee also..the price of the $10 Put for 12/16/22 went down along with the stock price today. Crazy IV on these contracts

[Kurtis Korbain @RichDickerly]

@tobusmcgee The only explanation for $DWAC is that 80% of the shareholders bought when this thing went public. The markets have since crashed and these people don't even log into their accounts anymore. They have no idea they are supposed to be voting on anything.

[Kurtis Korbain @RichDickerly]

@lonardelli6 great question wtf

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

Be extremely patient in waiting for your trading edge.

Be extremely fearless in executing your trading edge.

[Market Captain @MarketCaptain_]

11. Many traders will buy the first VWAP pullback on a bullish move

This pattern plays out ALL THE TIME. Opening drive, pullback, VWAP entry, then proceeds to have a bullish day. If you see this and it fits your long setup, take that VWAP pullback almost every time.

[Kurtis Korbain @RichDickerly]

$NVDA Major dump with new 52wk low

[PyQuant News 🐍 @pyquantnews]

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[Kurtis Korbain @RichDickerly]

$SPY to $412 fresh

[Wolves Of Wealth @thewealthwolves]

A supply zone is the area which traders usually sell. This area is above the current price, where the highest selling potential is.

A demand zone is the area which traders usually buy. This area is below the current price, where buying potential is the highest.

$SPY $SPX $QQQ

[PyQuant News 🐍 @pyquantnews]

Skip the quant finance degree.

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[Kurtis Korbain @RichDickerly]

$DWAC TMTG issues statement tonight

[Kurtis Korbain @RichDickerly]

$DWAC Digital World Acquisition Corp. Announces Sponsor Funding of Initial Three-Month Extension and Further Adjournment of its Special Meeting of Stockholders to Approve Additional Time to Complete its Initial Business Combination https://t.co/DGnHBVjPc7

[Kurtis Korbain @RichDickerly]

@ToMartingale @PdxBootMud I think it is more SEC related. Sponsor doesn't want to tie up the 3 mil if the break up is inevitable per SEC. They are hoping the SEC answers today before 5pm with a ya or nay

[Kurtis Korbain @RichDickerly]

$DWAC WTF YOU HAVE GOT TO BE KIDDING ME

[Kurtis Korbain @RichDickerly]

@RiffRaffPayne @PdxBootMud Tommy why did you take down your YOLO $DWAC tweet?

[Kurtis Korbain @RichDickerly]

@PdxBootMud Orlando said on the call something about "counting more votes" as the reason for the delay. Didn't the voting end yesterday? Were they counting paper votes? Online and phone voting should tally instantly! Really makes you wonder what it is they are trying to negotiate.

[Kurtis Korbain @RichDickerly]

@bkrebington @Samm0991132 @NlCKStocks They say it in this article:
Trump SPAC deal at risk as merger deadline approaches https://t.co/1Rf7WqzPCn

[Kurtis Korbain @RichDickerly]

@a135r542 @merlinscapital Yeah, I read that also. My guess is that if they do pony up the cash for the extension it will probably be returned to the investors when the SEC crushes the merger. Unfortunately this will just eat up time and the bearish option premiums.