Ex athlete Michael Melissinos went from promising baseball career to accountant to hedge fund manager.
How? Well, whilst working at Bear Stearns he spent his evenings studying trend following and systematic trading. His simple excel back testing beginnings made him realize trading was a game of discipline which suited his personality down to a tee.
A natural “protector” Michael moved into managing money of others where he now trades on behalf of his investors.
In the show Michael reveals:
- The philosophy behind his success
- Two ways to determine a trend
- His definition of Adaptive Trend Following
- The one thing in trading you shouldn’t flip flop on
I kept hitting rewind but could not hear or find the software package that he rec’s . . . anyone know and please send link
I believe I recommended signing up for the free trial at Trading Blox as a simple way to get started.
Thanks, man. I appreciate it.
I will follow up with an email. I was working at a hedge fund and left to go to grad school to develop my own approach and have since gotten away from that due to financial and family considerations. Starting to inch back and your podcast kicked me in the nuggets to get going again!
Great to hear!
Hi Michael, I also do trend following with a close above 200 SMA on daily. When you say 200 day high, does it mean close over 200 sma?