The Diamond Handz Review – Scam or Legit?
I recently came across a Discord group that really impressed me. It is called The Diamond Handz. They have quite a few analysts that make trades throughout the day.
I decided to test their premium Discord room out and here is what I found.
Side note: We discuss stock alerts services in our rapidly growing Facebook group. It is an awesome way to get real people’s opinions from the many thousands of members!
Other Services to Consider – SideKickTrades, ThetaTraderz and EagleTrades
If you are looking for similar services…..here are three that I recommend.
1.EagleTrades is a service that does a lot of cash secure puts for passive income that work 90% of the time. They also do morning scalps on a live stream audio. Powerful daily watchlists you can use to make your own trades with breakout levels.
2.ThetaTraderz is similar options selling service that caters to smaller account sizes – a huge plus if you want to sell options but don’t have a lot of money in your account to use.
3. SideKickTraders is an awesome community of stock and options traders that offers the best bang for your buck – something for everyone and all the alerts are top notch!
The Diamond Handz Review: Overview
Diamond Handz has a lot of awesome features. At the time of writing this they have about 35,000 members (the vast majority are free members).
They have 9 different analysts that alert ideas from forex to options trades.
Here is a screenshot of their alerts section.
Honestly, this server has so much to talk about – I figured I’d just do a video summary of my discussion below.
Video Summary of The Diamond Handz
Types of channels
This server has a lot of different channels for alerts etc. There is literally a bit of everything for anyone!
There have livestreams almost every day (also recorded). The live stream commentary covers technical analysis and often some live trades with explanations as the trade progresses.
They also have an awesome training program called Handz University. The course is huge and covers topics like:
- Risk Tolerance
- Buying Power
- Day Trading
- Options (EVERYTHING!)
- Technical Analysis (very comprehensive)
The course is free as part of the membership.
Who is Mr Handz?
I also talked to Mr Handz (the owner is a nice guy called Gabe) on the phone to discuss his room. I was encouraged by his dedication to finding the BEST guys to do the trade alerts.
Mr Handz has been trading for years now and he is at the point where trading has become his full income. He focuss on day trading options, and adding the money he makes through options back into his long term stock portfolio. His options plays are typically naked, so when he does make a play, he is as sure as he can be about the trade going in the direction he wants.
The Diamond Handz Review: My Results
I’ve tested some of the alerts that two of the main guys put out on the server:
- Mr Handz (the owner)
- Sos Shark (swing trader)
Mr Handz Alerts
Mr Handz likes to day trade options. One thing that he is good at is trading options on $SQ and $PYPL over and over again. Rinse and repeat.
Options on SQ and PYPL tend to have a high Delta which means that a small price changes in stock = big gains in option prices. They also both respect support and resistance making them entries and exits easy to anticipate.
Here is my first trade alert where I followed Mr Handz.
The Diamond Handz Review: Live Trading
I first started trading with Mr Handz when I watched a live TikTok stream as he took a couple of options trades.
He regularly plays $PYPL Puts and Calls and I followed him for a couple of nice wins. His trading makes sense to me. The guy clearly knows what he is doing and is easy to follow.
SOS Shark Alerts
Another of the top analysts is SOS Shark. He tends to do a lot of swing trades and has had a great track record. I took a trade he was recommending, unfortunately the market has been terrible for swing traders.
I took a smallish loss on the trade but it is still in play so it might still work out well for him. I tend to have a tighter stop loss than many people. This is both good and bad!
The Diamond Handz Review: Track Records
One thing that I really like about this server is that they upload their complete track record. For example, here is a snippet from January 2021. Pretty nice 75% win rate.
The Diamond Handz Review: Conclusions
I really like this server. The trades cover almost every style from crypto to options. I love the transparency with livestreams and the 9 analysts mostly make money from their trading. The typical win rate is somewhere from 70% – 90% and the community is awesome.
The prices range from $100 to $250 a month depending on which tier you decide is right for you.