April 2023 - Melissinos Trading

Research is Overrated

This weekend I was speaking with a young trader and a question about research inevitably came up. “What research are you working on to maintain your edge in the markets?” My answer: Following your system is exponentially more important than researching new trading tactics. Progress from research typically occurs by accident often following dramatic emotional […]

Distaste for Waste

Most people gather too much sludge in their portfolios. They start out with a few mutual funds and ETFs then, before they know it, a couple dozen stocks make their way in too. Where did they all come from? Likely from tips here and there, recommendations from articles they read or a shows they watched. […]

Ditch the Script

The answer to what the markets will do cannot be found in multiple choice answers A through D. The question to ask is not “what will the markets do over the next 12-24 months?”, but “what can the markets do over the next 12-24 months?” The answer: (E) anything That’s always the answer. Most people […]

Where Are Markets Headed?

Where we are might serve as a pretty good indicator of where we’re going. The trick is to actually observe what’s happening, not what’s being said. Fundamentally speaking, which I’m not very good at in the slightest but I’ll take a shot at summarizing the current environment — we have inflation figures declining around the […]

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