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Michael Melissinos's Blog

Michael Melissinos

Mike's writings on life, business and the markets.

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Substack
PricingOnly free issuesPublishesWeekly
Issues143Founded5 years agoLast Issue18 days ago
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mikemelissinos.substack.com
Artwork for Michael Melissinos's Blog

Latest Issues

Why Do You Invest?

To make money, right?

That’s what most people say. I don’t think it’s true.

The real reasons are buried. To prove something to a grade-school teacher. To look smart in front of family. To have something to blame when things go wrong. To r...

18 days ago
3
2

Out-of-the-Box Shocks

Apollo’s CEO Marc Rowan said something that caught my eye this week. He believes the economy looks solid but thinks the odds of an “out of the box” shock are 30–35%.

Things like a “total geopolitical reset” could result in higher inflation...

a month ago
6

Playing for the Big Inning

Trend-following doesn’t work by being right all the time. It works by being right when it matters most.

Most trades don’t produce much. They scratch around breakeven generating lots small gains and small losses. What makes trend-following...

2 months ago
6
1

Stop Selling Fear

2022 regularly gets cited as the most recent “proof” that trend-following belongs in a portfolio.

“See? Stocks and bonds can decline simultaneously. Bonds might not always protect your stock investments, so you need a non-correlated invest...

2 months ago
6
2

You Don't Need to Know What Happens Next

There’s a story Wall Street has been selling for decades.

It goes like this: the pros know. They have the models, the analysts, the data feeds, the access. They know when to get in. They know when to get out. If you want to win over the lo...

2 months ago
8

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  • Michael Melissinos

    Founder at Melissinos Trading www.melissinostrading.com

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