Welcome to My Trading Licks review. Weird name, right?
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My Trading Licks is an options trading alerts service that is owned and run by Mike DiBari. He is an experienced trader that lives in the North East of the US.
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You can also watch a full interview with Nathan Bear discussing the Profit Surge Trader system here.
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Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
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He started from nothing and became a multimillionaire…
He’s now one of the most sought-after trading experts…
Yet he operates 858 miles from Wall Street.
And now, he’s revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
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FB Group and Free eBooks
I’d like to invite you to Check out my Facebook Group for a community of traders that are interested in stock alerts services.
If you are interested in learning an options trading strategy with a 95% win rate……check out my store of free eBooks!
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
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Who Exactly Is Mike DiBari and Why Should We Trust Him?
Mike DiBari started trading stocks back in 2010. He started out as a day trader and then started holding stocks for longer than a day – swing trading.
He is a professional musician as well as a pro trader. An unusual combination for sure!
It is unusual that musicians become interested in the financial markets. The two arena’s are usually populated by quite opposite personality types…
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Bullseye Trades: Best Alerts Service
If you are on a budget, I highly recommend checking out my RagingBull Bullseye Trades review. It’s a very high value alerts service for a very low cost with a fantastic track record!
Every Monday at the market open, Jeff (seen below) sends you his weekly Bullseye Trade.
2024 has had a SOLID start for these Bullseye Trades!
(+50% to 300% per week in my experience)
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How Does My Trading Licks Trade?
Mike’s strategy is to trade the SP500. He only makes 1-2 trades a month.
Yup, only a couple of trades every few weeks.
His poison of choice is SPY options…..not something I have ever traded. Sometimes he trades them quickly and other times he holds them for weeks.
The SPY is an exchange-traded fund (ETF) that tracks the performance of the S&P 500. An ETF is a marketable security that acts like an index fund but is tradable like a common stock on a stock exchange. You can read more about SPY options here.
The best companies are represented on the SPY and month options are very liquid.
Mike focuses on volume. This is something that I was always taught to do – volume precedes price.
So many traders ignore this crucial aspect of technical analysis.
Mike DiBari doesn’t even use PRICE! He has developed his own technical indicator called the Total Volume Oscillator (TVO). That is how hardcore this guy is!
He loves trading options because of the leverage that they offer.
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
>> CLICK HERE TO LEARN MORE! <<
Mike DiBari Total Volume Oscillator
Mike decided that he would prioritize volume over price action. He says that his models have shown that unusual trading volume is a more reliable indicator than any conventional technical price pattern.
The cool thing about volume as an indicator is that it is much more difficult to manipulate. It can be the best way to really predict what is and will happen with a stock’s price.
Mike started this whole strategy by keeping a log of volume at the end of trading days. He realized that the volume patterns appeared a certain way right before a big move in the price – often being a much better indicator of future price movement than the PRICE PATTERN!
It seemed to shock him that just looking at volume alone could be so accurate. He used excel spreadsheets to keep track of the volume of shares traded.
I agree with Mike about the importance of volume. Volume can tell you if big institutions are buying/selling and if a stock is being accumulated.
Limited Time Deal to Purchase Nate Bear’s Profit Surge Trader ASAP HERE
You can also watch a full interview with Nathan Bear discussing the Profit Surge Trader system here.
***********************************************************************************************************************************
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
| |
He started from nothing and became a multimillionaire…
He’s now one of the most sought-after trading experts…
Yet he operates 858 miles from Wall Street.
And now, he’s revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
************************************************************************************************************************
My Trading Licks Review: Results
Mike DiBari’s track record can be found here.
It is a pretty impressive track record – but not outside of what I know it possible from my own experiences. An average of 40% a year over a 6 year period is impressive.
The winning trades are about 65% of the total trades taken according to Mike. Because the system uses options, the winning trades often net 100% profits.
How Do The Signals Work?
As is typical with most of these alert sites, signals are sent via email and SMS when Mike buys/sell. The same information is available in the members area of the site along with notes about the trades etc.
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Bullseye Trades: Best Alerts Service
If you are on a budget, I highly recommend checking out my RagingBull Bullseye Trades review. It’s a very high value alerts service for a very low cost with a fantastic track record!
Every Monday at the market open, Jeff (seen below) sends you his weekly Bullseye Trade.
2024 has had a SOLID start for these Bullseye Trades!
(+50% to 300% per week in my experience)
>>> Click here to learn more! <<<
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My Trading Licks Review: Conclusions
Mike is clearly an intelligent and expert trader. His volume oscillator sounds genius, although I haven’t been able to verify how it works.
I think that if you want to trade options, Mike may well be the guy to follow.
However, he is not the only options trading guru that I follow. There are a few more experts that are excellent at finding the best options trades that make 100% profit per trade!
Good Luck!
Russell
My Trading Licks Review: Related Articles
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