$NIO Inc(NIO.US)
10x Nio position plan: Plan to build a position of 100k, entry around $3, target price $25-30, 10x.
100k base position, use day trading to continuously reduce cost. 100k base position (exchange rate 1:7.35) is about $13600, $3/share, i.e. 4533 shares.
Keep base position of 4500 shares unchanged, use extra positions for day trading to reduce cost.
If cost is $3.5, about 3900 shares, recent low was $3.02
Plan execution
Plan: April-May, first build position of about 50k, try to get cost close to $3
Execution: 4/22, bought 2000 shares, cost $3.619, $7238, ¥53199
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