Michael Melissinos was smack dab in the middle of the financial crisis of 2008, when he was an analyst at Bear Stearns, and then at JP Morgan after they were bought out.
Michael has now left Wall Street behind and trades a fund of his own that operates on 40 global futures markets using a systematic trend following method.
Michael shares how he came about this stage his career during this interview. He also talks about many of the lessons he’s learned that help to create the trader that he is today, including advice he got from Ed Seykota. Michael also talks about why he thinks traders should think about playing a game that is more than just about money, and why it’s really important to prepare.
What’s Covered in This Interview:
- Two defining moments that helped Mike decide to leave his job on Wall Street and pursue his goal of starting a fund.
- How Mike, after branching out on how own, found inspiration in the startup scene and young entrepreneurs.
- How Ed Seykota (Market Wizard) and the Trading Tribe helped Mike get over his fear when it came to launching a hedge fund.
- What the difference is between generating a well-rounded vision and making a lot of money.
- Why traders can make a lot of money to offset the feeling to be poor, but still feel miserable.
- Insights into Mike’s trading methodology
- Using the old fashioned way, how Mike developed created a system and a set of rules for an automated strategy without any previous experience in coding.
- Why Mike feels his practice and preparation from his sporting days is helpful for trading.
Links and Resources:
- MelissinosTrading.com – Visit this website to learn more about Mike, his trading methodologies and fund.
- Trend Following – Mike talks about how he originally didn’t want to finish this book by Michael Cover because it made trend following sound too simple. He admits now that trend following is actually quite simplistic.
- Seykota.com – Ed Seykota and his trading tribe’s website.
- @MMelissinos – Follow Mike on Twitter.
