Just take the open print long and wire me 5% of your gains for giving you the idea.
No one will tell you this, instead they will make you watch 25 min long videos.
Simply get long on open and be ready to scalp out for a 10/20/30$ per share winner.
Don't be retarded and baghold the long like many did on
$CBRS dreaming for $400 move. You are a trader, not an investor. Trade.
Don't be retarded and ignore the short opportunities when they setup. If you can't locate shorts, this is not for you.
Don't be retarded and go study previous hyped up IPO's. If you have never traded IPO's then you need to really go study past IPO charts of big companies.
These videos from Horse and Lance are great don't get me wrong, they give you an idea but you will never get the confidence or skills to trade IPO's if you don't actually go do the research yourself.
IPO's are my one of my most profitable things to trade and
$SPCX is only going to supplement to that net. While many got destroyed
$CBRS long open print I actually made money.
IPO trades are very simple if you can learn to read tape and if you can't read the tape, learn to read the 10 second chart. As simple as that.
Ignore everything, the float percentages, the hype, the hate, the positive, the negative. Price is the only thing that matters and how you situate yourself around it. Learn to read the price action and take advantage of the trade.