✨ The Road to Million Dollars: Buying Into Fear — His Trades at the Peak of Trade War Panic
🎉In 2025, a growing number of Tiger users achieved million-dollar investment returns. Tiger launched The Road to Million Dollars series to get closer to investors who have already reached annual million-dollar gains, as well as those who are actively pursuing the million-dollar goal and have achieved annual returns exceeding USD 100,000—listening to their stories of how they think, persevere, and grow.
For Tiger, investing is more than just profit and loss figures; it is a journey from aspiration to achievement. Through these stories, we hope to inspire more people to set their own investment goals and turn “a million dollars” from a distant dream into a visible, attainable milestone.
🎁Click here to redeem your Dream Edition Million-Dollar Milestone at the Tiger Coin Center🎁
In the Tiger Community, there is such an investor—
Known online as “Invincible Chives,” he is a post-90s fintech professional currently based in Shanghai. He is not a full-time trader, but over more than a decade of investing, he has built a highly consistent framework that runs long-term investing and short-term trading side by side.
He first came into markets during his college years and began shifting systematically toward Hong Kong and U.S. equities in 2019. His long-term focus includes Hong Kong tech stocks, the U.S. “Magnificent Seven,” and related derivative opportunities. His toolkit spans stocks, ETFs, and options.
In his trading philosophy, patience and restraint always come before returns. He doesn’t act easily—but when he does, there’s always a clear thesis and a defined exit plan.
1. Staying in Cash at Highs Is About Waiting for a “Real Opportunity”
From late last year through February, his main battlefield was Hong Kong tech. He captured nearly an entire major upswing.
But as prices kept rising and the market entered high-level consolidation, he didn’t chase further gains. Instead, he gradually reduced positions and moved fully into cash.
His reasoning was simple:
“If I’ve already captured a big move and there’s no clear pullback, I usually won’t get greedy and re-enter.”
To him, not making money isn’t scary—losing money is. When risk starts to outweigh reward, he prefers doing nothing.
When asked to describe his investment style in one sentence, he jokes:
“I’m more like a patient farmer—occasionally a fisherman holding a spear.”
He doesn’t feel the need to trade every day. More often than not, he chooses to wait in cash.
2. When Pessimism Turned Extreme, That’s When He Acted
What finally pushed him to act was the wave of extreme pessimism around the trade war in March–April.
From late February, markets fell steadily as fears of escalating trade tensions dominated sentiment. While most investors grew increasingly bearish on China–U.S. relations and global trade, he stayed on the sidelines and observed.
It wasn’t until late March that he began small, exploratory positions—starting with Tesla call options.
The real move came on April 7, the day tariff outcomes were announced—widely seen as the worst-case scenario the market could imagine. His conclusion was the opposite: such extreme policies were unlikely to be sustainable long term.
Acting at peak fear, he steadily built positions in:
3× leveraged Nasdaq $ProShares UltraPro QQQ(TQQQ)$
3× leveraged China exposure $Direxion Daily FTSE China Bull 3X Shares(YINN)$
The subsequent rebound validated his thinking.
3. He Draws a Clear Line Between Investing and Speculation
In his framework, investing and speculation operate on two entirely different logics:
Investing: when price is clearly below intrinsic value, wait patiently for the thesis to be validated
Speculation: short-term opportunities—step in when emotions run hot, take profits quickly, and move on
He shared a textbook example.
On the day Bullish went public this year, he was allocated only one share. Expecting a brief post-IPO rally, he bought decisively at the open and sold after a roughly 10% gain—within just seven minutes. The stock declined sharply afterward, but he had already exited.
As he puts it:
“Speculative profits come from within your circle of understanding. If the plan is a three-day bounce, don’t let greed turn it into a three-month hold.”
4. Triple-Leveraged China Bets Became His Biggest Winner This Year
Asked which trade best represents his gains this year, his answer was clear: going triple-leveraged long on China-related assets.
The logic was straightforward:
Hong Kong equities had fallen for three straight years
Valuations were deeply depressed
Fundamentals of many companies remained solid
The DeepSeek AI narrative reignited tech optimism
Execution mattered just as much as conviction. He didn’t try to buy the exact bottom:
Buy in batches on the way down
Sell in batches on the way up
Wait patiently at highs, wait patiently again at lows
As long as you don’t buy at peak emotion, he believes three to four clear opportunities per year are more than enough.
5. Options Are for Enhancing Conviction—Not Gambling
He actively uses stocks, ETFs, and options. In his framework, options serve two purposes:
Enhancing returns
Confirming trend direction
When selecting trades, he pays close attention to:
Implied volatility
The underlying stock’s trend and fundamental logic
Options are not about all-in bets—they exist to support a broader judgment.
6. The Greatest Gain Wasn’t Money, but Mindset
Looking back, he doesn’t shy away from early losses. At one point, his account suffered a 70% drawdown. That period taught him how to size positions, accept volatility, and detach emotions from short-term price moves.
“I now understand much better what I can withstand—and when to act, and when to wait.”
7. Final Thoughts
In his view, investing isn’t a race to see who moves fastest.
Waiting patiently, respecting risk, and earning only the money you truly understand—these are what help you go further.
Not losing money is, in itself, a victory.
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

