If you plan on trading the SpaceX, $SPCX , IPO today, here are our pointers:

When an IPO debuts, the stabilizing agent attempts to minimize volatility and maintain orderly market conditions.$TSLAB

However, there will be extreme volatility at the open which means you must exercise caution:$NVDAB

1. AVOID using market orders as bid/ask spreads can widen significantly

2. Use LIMIT orders until trading conditions stabilize

Additionally, if you were allocated shares at the $135 IPO price, be aware of your brokerage's IPO "flipping policy."

Examples include:

1. Fidelity: Selling within 15 calendar days can result in losing access to future IPO allocations for 6 months, with harsher penalties for repeat violations

2. Robinhood: Selling within 30 days can restrict access to future IPOs for 60 days

3. ETrade: Selling within 30 days may impact eligibility for future IPO allocations

Before trading, be sure to review your brokerage's IPO policies.

Bookmark this post and turn on our post notifications at @Micon Crypto for real time analysis as this develops.

We will be covering the historic IPO in real-time.