Traders of the Year: Nancy Pelosi, up 65%. Rep. Brian Higgins, +239%

[mervyn]

Reminds me of when Hillary C. made something like $100k "trading" cattle futures.

https://www.washingtonpost.com/wp-srv/politics/special/whitewater/stories/wwtr940527.htm

Futures is different animal, I wouldn't be surprised to make xx times returns. Even today cattle futures margin is only $2450. Go to ES journal and see how much folks are making/losing there.

 

[ironchef]

Of course not. Higgins was in NVDA the whole year. Nancy does options a year out.

You can know their positions with a month delay. Even if you copied them with the delay, you still made good money, better than the HFs.

Those of us who trade using trend following should have followed the "Congressional trend" instead.

 

[SimpleMeLike]

Very good article.