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How to become a Gig Millionaire
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Mr Chan 2022 Trading Portfolio
02:52

Mr Chan 2022 Trading Portfolio

The year 2020, was a year marked by significant global events and challenges brought on by Covid 19 pandemic, which has had a profound impact on people and economies around the world. The pandemic led to widespread lockdowns, and restrictions on travel and gatherings, it has disrupted many aspects of daily life. Mr. Fai Chan was no exception to the disruption of Covid 19 has brought upon him. While facing lockdown in Singapore, Mr. Fai Chan decided to set a Key Objective Result. His "KOR" is to earn US$1,000,000 per month, with a capital of US$10,000,000, amid a volatile stock market environment. By the end of 2020, Mr. Fai Chan had managed to outperform his "KOR". Monthly Average Profit: US$2.7M Total Profit in 8 Months: US$21.7M Annualized Return: 462.53% The strategy implemented for the portfolio is what is known as “Directional Trading”, and position building. Trades are closed at the end of the month for risk management to limit any losses and protect profits. Covid-19 had adversely impacted the global economy in 2020, with many businesses forced to close or reduce their operations, and a major sell-off on the global stock market. However, the pace of recovery for each industry varied, particularly the Electric Vehicle sector due to a major development in EV adoption. Governments in major vehicle markets were rolling out new mandates signaling EVs as a future mode of transport. Noticing the increasingly positive market sentiments in the EV sector, Mr. Chan dedicated a majority of his portfolio to the sector, investing in the likes of Tesla, Nio, Li Auto, X Peng, and Workhorse. Knowing not to put all his eggs in one basket, Mr. Chan diversifies his portfolio by investing in growth technology companies, such as Palantir, Baidu, and Alibaba. View other trading portfolios at www.hapiwealthbuilder.com. #aei #Hapiwealth #HapiWealthBuilder #becomemillionaire #trading #tesla #nio #LiAuto #xpeng #Workhorse #palantirstock #baidu #alibabastock #stockmarket #chanhengfai #CHF #FaiChan #alset
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