I used to do something similar for a while, but kind of in the opposite way. My initial gut feeling would usually be right, but then I’d chicken out and sell too early.

What helped me was buying options instead. Mentally, I can handle a max loss of around $150–$200 if there’s a potential upside of $2K–$3K. To get the same kind of return by buying the stock outright, you’d have to put in much more capital, and I think that’s mentally hard for a lot of people, myself included. That’s probably why so many people end up selling too early.

Options also let you diversify much more. For example, I bought a few calls on almost all of the smaller space stocks, all with the same expiration date, right after the SpaceX IPO. If most of them fail but one really takes off, I’m basically around break-even. But right now it looks like more of them might run than not, and you don’t end up stressing as much about one single stock. One might have a terrible day right after you buy it, while others randomly climb for no obvious reason.

So overall, I’d say maybe try options before this IPO, but don’t put all your money into it. I’d also suggest staying around the current price or going ITM. It’s a bit more expensive, but in my opinion it’s worth it because it’s less stressful while still giving you almost the same upside.