Looking for a review of the Black Diamond Club ?
Today I’m sharing my honest review of the Black Diamond Club to give you all the details.
This particular service is run by numerous experts including Mike Ward and Tom Gentile so let’s take a closer look and find out exactly whether the Black Diamond Club is really worth it.
Before I start…
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Black Diamond Club Review
Here is what we’ll cover inside this review:
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What Is The Black Diamond Club?
Black Diamond Club is an elite investment service run by Mike Ward, Tom Gentile, and D.R. Barton. They offer it under the auspices of Money Map Press.
Black Diamond club is so exclusive that unlike other investment services and newsletters that enroll people online, you can only join by phoning in (877 211 3024) and inquiring about eligibility.
If it is so exclusive, what is so special about it?
The recommendations Mike and his team offer to their members have to at least double the stake and close within one month. Mike claims that the trades often close within days.
As a member of the club, you can expect to receive at least 200 trade recommendations within one year. The investment opportunities are chosen based on three basic principles:
- Volume: The prospects have to deliver at least double the initial capital investment.
- Velocity: The trades chosen have to close fast. It is a well-known fact that trades that stay open for longer are exposed to greater risk.
- Frequency: The editorial team churns out over 200 recommendations per year.
There is a sense of secretiveness about the service. There’s little you can learn about it from online resources.
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Who Created The Black Diamond Club?
Black Diamond Club is run by:
Mike Ward
Mike is a publisher at Money Map Press. He launched Money Morning in 2007 and built it into one of the most frequently visited investment news websites on the internet.
Before he went into business publishing, he was the editorial director for The Oxford Club. He also had stints at Rodale Press, Macmillan Publishing, and Eagle Publishing in a career that spanned 25 years.
Tom Gentile
He is one of the most respected names in the securities industry. His 25 years of trading experience have made him one of the leading lights in options, futures, and stocks trading.
Besides making money for himself, he teaches other investors how to spot low-risk, high-gain opportunities in all market conditions. He has authored and co-authored a couple of books on investment in the markets.
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D.R. Barton, Jr.
D.R. boasts over 30 years of trading experience. Before he got into trading, he was a chemical engineer with DuPont. He retired early to venture into the financial industry.
As a technical trader, his flagship service “10 Minute Millionaire” alerts investors to trading opportunities gleaned from stock trends that are invisible to the average trader – he uses algorithms for that.
He is an author and coach who has helped many people master options trading, swing trading, risk management, and other important techniques. He co-authored the New York Times bestseller “Safe Strategies for Financial Freedom” that teaches investors to manage risk to avoid losing their earnings.
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How Does Black Diamond Club Work?
As I mentioned, you must make a call and ask about eligibility and the availability of membership slots before you are admitted.
When you join the Black Diamond Club, you are entitled to the following:
- Lifetime Membership: Once your membership application is approved, you retain it for your entire life. You don’t have to worry about being replaced or losing some of your privileges.
- VIP Concierge Services: When you call customer support, they provide first-class services. The editorial team also lets you look over their shoulders as they develop new features and services.
- Advanced Techniques: Since this is an elite service, you can expect to receive the very best of services. The editorial team pulls all the stops to provide the best recommendations.
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Is Black Diamond Club A Scam?
Black Diamond Club is not a scam.
Although there isn’t a great deal of information about it online, there is a high likelihood that it is legit.
Besides, we haven’t labeled the newsletters each member of the panel runs as a scam (for example, D. R. Barton has 10 Minute Millionaire and Tom Gentile has V3 Trader). Therefore, we cannot be selective about this service.
Pros
- There are many recommendations to choose from. This encourages diversity.
- The trades close fast minimizing exposure to risk.
- When you join, your membership lasts for as long as you want it to.
Cons
- Although it an exclusive membership, the restrictions to joining seem unnecessary.
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Verdict For Black Diamond Club
There is an air of mystery about the Black Diamond Club; the vetting process before they admit new members and the criteria to be met remains hidden.
The need to restrict membership seems unnecessary but it enables the editors to admit investors whom they think will take their advice seriously.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: