Investors Underground is a day trading chatroom with a community of experienced traders who are dedicated to helping others learn how to trade. Nathan Michaud is the owner of the site and head moderator. Nate is one of the most highly respected penny stock traders with a remarkable 10 year track record. Over the years he has made millions from thousands of small profitable trades like Paul Scolardi. His unique ability to read the market and spot inflection points makes him an ideal mentor. There are 100’s of stock market guru’s who sell newsletters but few if any can compete with him. IU does not only give you the opportunity to improve your trading strategy, but profitability and consistency too. This guy has made close to $3 million trading and wants to show you how he prepares for the market each day, ready to execute trades.
Who is Nathan Michaud
- Started trading part time in 2003, and full time when he graduated from college in 2007.
- In the space of 6 months he started to become consistently profitable and his trading profits helped pay for college.
- Luckily for you he’s made all the mistakes in the book, so you can learn from him.
- Nate is attracted a following from his old blog InvestorsLive.com, where he shared his watch-list for the day and his trading plan.
- Started Investors Underground back in 2008 with the aim of cutting through all the bullshit and creating the best day trading service.
- At first his service may seem pricey at first but if you listen to him and follow his advice, there’s no reason why you can’t replicate his success.
- There are dozens of positive reviews and testimonials from current members on his site. Any of the complaints from past subscribers are those who didn’t study hard enough, they expected to blindly copy trades and bank easy profits without any work.
- Nathan has an eight hour beginner course for newbies and a 12 hour course designed for more advanced traders to progress their learning.
- You will have two ways to learn, real-time alerts in the chat room (don’t shadow his trades) and video lessons you can watch at any time.
- At least three times per week he is going to provide trade recaps, so you can review the trades he made during the week. (5-10 minutes long).
- Constantly updating his library.
- Checkout his Youtube channel for free video lessons that cover the basics. Although they’re free they still are extremely useful.
Live Day Trading Chatroom
- The chat-room is not only new traders trying to learn, it has many well seasoned traders such as Cam B, Oddstocktader, Offshorehunter, Derrick J Leon, Tim Grittani, Emil, Splendores, Elkwood, Will Wagner and Brandon Garretson.
- There are three different chat rooms for momentum, swing and OTC traders.
- Live everyday from 8:30 am to 4;05 pm.
- He wants to create traders NOT followers. Rather than being a sheep Nate wants to be become an independent profitable trader on your own. His alerts and lessons are there for guidance.
- Once you become more experienced, you will become better at anticipating his trades.
- At least four monthly webinars which are streamed, discussing recent trades (gains and losses), trade set ups and how to prepare for the week ahead.
- There are three years of educational material including power-points, seminars and most recent webinars.
- Open Q and A for all subscribers, until all questions are answered.
- Gives free webinars to attract new members into his community.
You Don’t Need to Pay Market Tuition
- Nate has paid his market tuition. He wants to help you avoid making the mistakes he’s made.
- He has made 2 million in the market, but that’s not without making mistakes along the way. He’s lost $20,000-$50,000 on some of his trades.
- To avoid mistakes – do not average down + cheap does not mean cheap.
- Think about it, how much would you pay to avoid making a $20,000 loss?
- He trades tickers not companies, he doesn’t care about the fundamentals of company he just follows the price action.
- Losing is a part of the game, so you must learn to cut losses short. This is most people’s downfall, hope is not strategy, exit your trade when momentum is going against you.
- He has imported $1.5 Million in verified Profit.ly from Speedtrader and BroadStreet brokerage accounts. He is no longer on Profit.ly and decided to break away to form his own
- Tweets constantly via Twitter and doesn’t cherry pick his best alerts.
- He can spot winners (85% win rate – this is unheard of when trading penny stocks, apart from Timothy Skyes and a few others not many come close to his win rate percentage)
- Nate thinks ignoring bad trades does not make you a better trader.
- Is recommended by other top traders including Tim Sykes and Modern Rock from Twitter.
Learn How to Trade Like Nathan Michaud
- Learn the framework to trade consistently – Long/short set ups and quick trades for daily income.
- Learn how YOU can anticipate trades before the crowds.
- How to use DAS platform – Tips and tricks he uses.
- Help you find a good penny stock broker.
Textbook Trading DVD
- 8 hours of pure content discussing everything you need to know to start trading. I advise you to have a pen and paper ready to take down notes as you watch. Each time you watch his dvd’s you learn something new that you missed before.
- Nate goes through everything he has learnt from day one, detailing his success and mistakes along the way.
- Each topic is accompanied by real trade examples and visuals to give clear advice to better understand his strategy. This course alone with shorten by learning curve by ten fold.
- There’s a reason why it is one of the top rated products on Investimonials with 143 5 star reviews
Tandem Trader DVD
- This is the comprehensive trading course if anyone wants to progress and become a consistently profitable trader.
- Contains over 13 hours of live trading, how to read level 2, high probability stock chart patterns and setups that work in any market environment. It also reveals what tools and software he uses on a daily basis to scan stocks.
- As a bonus he interviews other successful veteran stock traders who have made millions following their own strategies.
- If you follow Nathan on Twitter he often holds competitions giving away free trials and coupons. Also you might be able to buy some of his dvd’s on eBay or Amazon for at least half the price.
After reading my Investors Underground review it is clear, surround yourself with successful traders and you will become a better trader yourself! Don’t expect to make money straight away after joining, it takes time to learn his method. Start off paper trading and after at least two months trade with real money. Paying $297 may seem ludicrous at first but if you master his strategy you could make back all you money on 2 or 3 trades.