Blotter Index, Hedge Funds, and Congress Trades

Introducing several new features at Blotter

HEDGE FUNDS & CONGRESS DATA

Super stoked to announce that we just added data for congress trades and for several top hedge funds. The first question most people would ask is why another dashboard for data that we can already find elsewhere?

Well, I think most of the data that exists out there, apart from a few platforms, is super limited as to what it shows. Most of the time, you’ll see big claims about some congressman or woman beating markets by a large margin. But many times, those are just sensational headlines without much truth. Want me to demonstrate this? Look at the metrics below for Nancy Pelosi’s trades over the last 2 years.

Nancy Pelosi’s performance over last 2 years

The first number you might notice is the red S&P beat, which shows that Nancy Pelosi did not beat the S&P over the last 2 years. That’s almost unbelievable, right? Not really. Go look at her trades individually and you’ll see that she actually has lost about a million dollars on her PANW trade, although she did make 4 million on NVDA.

The details are not that important. I just wanted to highlight the need for a more granular and comprehensive tracker, which is exactly what we are building.

ADD & TRIM YOUR TRADES NOW

Ever since we’ve launched Blotter, the most asked about feature is the ability to add or trim shares or contracts. Most traders don’t just buy or single in isolation. They build positions, then scale in and out instead of just entering and exiting. Happy to announce that these features are now also available on both mobile and web. Simply click on the manage trade, or the three dots and you’ll be able to use them.

Click on Manage to exit, add, or trim your trade

BLOTTER INDEX, THE NEXT BIG THING

I’ll say this here and will come back to this email after a year or two. Our new Blotter index is going to be one of the biggest things in the retail market in a few years. Let me explain why I’m so confident here, and what the index is.

Our whole thesis with Blotter is that we’re going to find the best traders on the planet, and give them a platform to share their expertise, and pay them to do that. In just 2 months, we already have about 10 pro traders that are beating the S&P, as you can see below.

Leaderboard and trades made by our pro traaders

Now what is Blotter Index? it’s an index that simply takes these top traders and copy trade them every day. What comes out is a collection of trades that are high probability, high win rate, and high profits. As we get more market beaters, this index will continue to do better than the market, because the whole criteria behind is of “beating the market”.

Blotter index is still a work in progress and you might see several changes over the next few months, but you can get a glimpse of it below.

Blotter index view on web

DOWNLOAD THE APPS, AND KINDLY REVIEW US

We are working day and night to make the best platform for everyone, a platform with full accountability. A platform where users can trust the people they follow. We would highly appreciate it if you can download and rate our apps on the app stores.

We’ve also spent a lot of time building a really cool app. Please do give it a go if you haven’t already tried it. It’s free!

THANK YOU, THANK YOU

We are a new platform, but it has been amazing to see so many top traders join us and share their trades. We just want to say a huge thanks to everyone who is giving us a try. We’ve hit 1000 members this week.