Today, we’re going to take a look at The 1k Club program by Marky Latimer. Is this trading system a scam? Find out in this The 1k Club review.
Any financial advisor would tell you that it’s much better to invest your money in either the stock market or cryptocurrency.
That’s because, compared to just keeping them in banks, these investments may yield a higher return. Furthermore, they are less prone to inflation. In fact, some of them reacted positively instead, giving more returns to investors.
The tradeoff for these potentially higher returns, however, is increased volatility. It’s not unusual for the stock market to rapidly swing high in value, or to crash.
And that’s why one should not just invest in the stock market willy-nilly, without knowing fully well what they’re getting into. Because one bad trade could result in you losing all your money.
The 1k Club is an online training program that claims to teach its users how they can make huge earnings by stock trading. And with minimal to no loss of money.
But can this training program back up its claim?
Before you invest any money and join this, make sure you read this The 1k Club review first. To help you decide for yourself if this is the right training program for you, or not.
Note that this is a fully unbiased The 1k Club review. I’m not a member, nor am I affiliated, with The 1k Club, or its creators, in any way whatsoever.
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What Is The 1k Club?
The 1k Club is a training course that aims to teach users about stock market trading. Its primary audience is users who have never tried stock trading before, but wants to get into it.
Here, the creators of this course will teach you their own trading strategy that has allowed them to make thousands of dollars per day (or even per hour) just from stock trading. This strategy is claimed to be developed by the creator of this course herself.
And how long should you be trading each day to get these large amounts of earnings? This course says you only need 30 minutes of trading time.
If you want to learn about how to get started trading in the stock market, then this course could be for you. This could also work if you want to avoid making the mistake of bad trades.
Although quite honestly, the claim is a bit overhyped. It may be true that their own system has allowed them to earn thousands of dollars by trading in the stock market.
But it may not work for everyone. Especially if one doesn’t know how to handle the various risks it presents.
It is possible to earn quite a bit of money with this training program. But it’s not a full guarantee. If you rely on the stock market too much, you run the risk of losing too much of your money instead.
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The People Behind The 1k Club
The creator of The 1k Club is Markay Latimer, with some assistance from Rob Booker.
Her story is an all-too-familiar one if you’ve been encountering plenty of financial gurus lately.
Before she become a stock market expert, she also had plenty of struggles in her early life.
Her initial dream was to become a doctor herself. Since, according to her, she loved the idea of helping people (and she still does).
However, she’s forced to let go of that dream since Mathematics isn’t her strongest point. And so she entered the world of Public Relations and Marketing, since she also loves interactions with other people.
But she also realized that this still wasn’t enough to be able to secure that financial independence she wanted. And it was at this point that she finally realized her calling: To be a stock market expert.
Her first entry into the stock market came after she found a book about it that her mother owned. And since then, she has developed and refined her stock trading skills even further.
Today, she has founded her own company that houses several of her own classes and workshops about stock market trading (including this course).
A testament to why her system works is that, according to her claims, she managed to earn a total of two million dollars just from stock trading alone. And she did all this with a starting capital of $2,000.
What Can You Get From The 1k Club?
The 1k Club contains various training materials which aim to teach you how you can earn big from training. Most of the core training is contained in a PDF document, with some supplementary video training.
Here’s a quick overview of what you can get from this course.
The 30-Minute Trading Day Blueprint
This is the PDF document that is the core of this online course.
Here, you’ll get to know about the course author’s trading system, how to execute it, and the three trading patterns they frequently use. These strategies, they claim, let them earn a lot of money through trading.
They call it the “30 Minute Blueprint” because you can execute all these trading strategies in just 30 minutes of trading time.
The 30-Minute Trading Day Masterclass
These training videos serve as a complement to the trading day blueprint, while also teaching you everything you need to know about trading.
Included in these videos is a masterclass that helps you get started in stock trading. The training also teaches you how to get started even your budget is only around $500.
“Peek Over My Shoulder” Trading Video Series
There are also “over-the-shoulder” videos here wherein you can watch the course creators themselves use the trading strategies they teach you here in action.
Watching these will give you a good idea of how their method works, and also for them to prove its effectiveness.
The Markay Market Breakdown
This is basically Markay Latimer’s monthly newsletter service. And it’s usually sent to users around the end of each month.
Here, Markay covers the latest trends and events in the stock market for that month, and how could it impact your investments. She also gives some advice and insights on how can you capitalize on these events for your stock trades.
Monthly Trading Idea
In addition to the monthly market breakdown, you’ll also receive the course author’s trading ideas which, when executed, can let you earn a thousand dollars or more.
To simplify this definition, think of this as their monthly “Top Picks”, their trading suggestions to users.
Urgent Updates
The stock market itself so quite unpredictable. So much that sometimes, there are instances wherein a stock movement needs immediate attention in order to either capitalize on the gain or minimize the loss.
Thus, The 1k Club also sends some urgent updates to its members. These quick alerts will let the receiver take immediate action whenever a stock movement of interest is present.
How Much Does The 1k Club Cost?
To join The 1k Club and be eligible for all its benefits, you can choose from two payment options.
You can opt to pay $49 for a full year’s worth of membership, or you can pay $297 for lifetime access, plus VIP access.
Overall, its pricing is roughly comparable to other stock market trading courses. But it’s certainly a lot more affordable than the others.
But unlike all of these courses, The 1k Club has a money-back guarantee that lasts for 365 days, essentially a full year. Though I’m still unaware of the conditions you need to meet to be eligible for a refund.
Despite the affordability of this course, you should think very carefully first before you enroll in this. Especially since stock trading as a side hustle is a rather risky method.
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Things I Liked About The 1k Club
If you’re looking for a training program that’ll teach you how to get started in stock market trading, then joining The 1k Club is definitely for you.
It teaches you everything you need to know about the stock market, essentially building you from the ground up. It also teaches you a few advanced trading pointers if you want to make the most money out of stock trading.
Additionally, the mentors behind this online course are legitimately successful in their field. This further improves the credibility of this.
Finally, it has a money-back guarantee that basically lasts for a full year. It’s something that isn’t available in any other online courses, and is a welcome addition to this.
Things I Don’t Like About The 1k Club
As I said before, this is a great course for someone who wants to get started in stock trading. However, that’s all there is to it.
Despite the claim that it’s also intended for advanced users, most likely there won’t be any new information that you’ll gain from this course.
Even the training strategies that this course claims to teach, it’s actually nothing new. At first glance, it may seem amazing and new to you. But observing it carefully, you can see that it’s almost the same as the others.
Therefore, while useful if you want to get into stock tracking, it’s not really a must-have. In fact, you can rely on other free resources about stock trading, and you’ll still get the same amount of training provided here.
And My Verdict Is…
If you’re that person who really wants to get into stock trading, and wants to know and understand all the information about it, then this course might be a good investment for you.
However, I still think it’s not worth the price. Given that you can easily find the same kind of training in other free resources.
And yes. While stock trading, especially day trading, has the potential to be profitable, it’s highly unreliable as a side hustle.
Trading still requires a good amount of investment, even just a little bit. And how much you invest in this will also determine how much you can earn.
Hence, while you can start investing in stocks with a single dollar, you won’t be able to make much of it.
Also, remember that the stock market is highly volatile. You can either double your money in one day, or lose it all in the same day.
It may not be as volatile as cryptocurrency, but it’s still significant enough to notice.
I’m not really saying The 1k Club is a bad course, though. In fact, it’s one of the good and affordable ones.
However, there are much better moneymaking methods out there. And most of them aren’t as risky as this.
The 1k Club Review: Final Thoughts
Before I close off this The 1k Club review, I would like to share a few more insights that could help you.
Let me say this again. If you’re fascinated by the idea of stock trading as a side hustle to make money online, then joining The 1k Club is definitely worth it for you.
But keep in mind the risks that are associated with day trading and the stock market itself.
Even if some course tells you that you can earn a lot of money from stock trading by following their advice, it’s still not a guarantee that you can get large and consistent profits with it. Even using other trading systems similar to the likes of VantagePoint won’t eliminate the risks completely.
My suggestion is to just learn a bit about the stock market and start out small, to build your experience. Don’t rely on stock trading too much to make money, but rather just invest in a few, and if possible, hold it for a long time (until the situation calls for it to be sold).
If you want my advice, there’s still a better way to make money online out there. And most of the time, it only involves little monetary capital, and some knowledge.
If you want to find out more about it, keep on reading beyond this The 1k Club review.
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