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EP19 // Mike Melissinos On Trend Following, Trading A Fund And The Trading Tribe

Learn how Mike Melissinos started his fund, how he trades and how he handles investors a little differently than other fund managers. He also shares how the NYC Trading Tribe helped his trading. There is a ton of tips in this one hour interview, so be sure to have your notebook ready.

Home / Podcast / EP19 // Mike Melissinos On Trend Following, Trading A Fund And The Trading Tribe

Mike Melissinos trader

Mike Melissinos landed a job at Bear Sterns shortly after graduating from college and he thought he had it made. But as luck would have it, Bear went down about six months after he joined.

This turned out to be good luck however because it really made him examine the people who he looked up to and the life that he really wanted to live. He came out of the experience with a whole different perspective.

After Bear, he decided to figure out how to invest for himself and got turned on to trend following. If you are not familiar with this style of trading, there are some links in the resources section below.

The one thing that stood out to me in this interview was when Mike mentioned how trend following felt more intuitive to him. It was something that he felt he could embrace and run with.

I think that this is a really important point because many times traders try to trade methods that are not in tune with their personality. That is what leads to blowups or erratic performance.

SEE ALSO: This one thing is your secret trading weapon

We talked about the inherit strengths and weaknesses of trend following and how he sought out the knowledge he needed to become a better trader. One thing that helped Mike a lot was the New York Trading Tribe.

If you have never heard of The Trading Tribe before, it is a series of groups started by legendary trader Ed Seykota. It is sort of a support group, but it is actually more like a development process for traders and is based on Ed's work in trading psychology. Mike talks about it in more detail in the interview, so check it out.

We also get into a ton of other topics in this interview. Mike talks sports, his fanatical obsession with health and how his fiancée has made him a better trader. He also gets into the details of how he started his fund and how he treats his investors a little differently than most fund managers.

This interview is over an hour long, so I'm really grateful to Mike for taking the time out to talk to me. It was a fun interview for me and I hope you enjoy it too.

In This Episode

  • Find out how much he started his fund with
  • Why the system doesn't really matter
  • How he drives his family crazy at Thanksgiving
  • The biggest reasons why traders fail
  • How to maintain your health
  • What you need to start a fund
  • And more!

Click Play To Listen To The Interview

 

Resources Mentioned

  • Melissinos Trading
  • Get a free copy of Mike's 8 Misktakes That Distroy Investor Returns
  • Oyster App
  • The Trading Tribe
  • Ed Sykota
  • Dr. David Druz
  • Michael Covel

Other Ways To Get The Trading Lifestyle Podcast

  • Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated)
  • Click here to subscribe via Stitcher
  • Click here to subscribe via RSS (non-iTunes feed)
  • Right-click here and “Save As” to download the MP3
  • Click here to hear the other podcast episodes
  • Available on Roku – Channel TFEX6

You Might Also Enjoy

EP29 // NeuroTrader: Using Biodata and AI to Boost Trader Performance with Chris Capre and Ken Medan...
EP24 // Joel Kruger: Investment Banker Turned Pro Forex Trader
EP28 // Joan Sotkin: How to Change Your Wealth Mindset and Align Yourself With Money

Category: Podcast Tag: Trader Success Stories

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and international speaker. I help traders develop their trading psychology and trading strategies. Learn more about me here.

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First posted: January 27, 2015
Last updated: March 21, 2018

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CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

 

 

 

 

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