What is Investors Underground?
Investors Underground was created by Nathan Michaud in 2008, and he is still in charge of it today. He started this trading community after more than ten years of experience in professional trading, so it is safe to say that he knows what he is talking about. This sort of chatroom provides investors and traders the opportunity to mingle online, and exchange experiences and information with one another. In addition to providing a space for such communication to take place, Investors Underground also produces educational content, and even offers online seminars.
Trading Strategies
If you’re trying to learn day trading, Investors Underground is a good place to go. The community covers all types of trades out there, from penny stocks to more established and expensive stocks, and all kinds of techniques, including shorting and going long. However, the most successful strategy employed by Nathan is momentum investing.
This is a bet that, once an overall trend for a certain stock is established, it is very likely that this trend is going to last for some time, rather than reverse. A trader can take advantage of that in order to go long on an investment, or short a stock that is on its way down.
Nathan’s addition to this practice is that he seeks to find the opportunities inherent to turning points on a particular stock’s trajectory, in order to maximize the gains. He advises investors not to start shorting too soon, but to wait for the top to get short, before making use of the back side of the move.
Furthermore, during his many years in the business, Nathan has learned the power of patience, so he advises waiting for big moves, instead of trying to exploit small moves aggressively. That way, you can minimise the chances of failure, and maximise the profit.
What it looks like
The Investors Underground platform is subdivided into a number of different chat rooms, based on the trading techniques to be implemented, as well as the type of asset being traded. Inside the chatrooms, users track and discuss the changes in certain stocks, going off of price visualizations. These chat rooms offer additional functionality, such as private messaging, audio alerts, and various filters for stock tickers, news, earnings, as well as other options.
Furthermore, the platform also offers free YouTube videos explaining certain aspects of trading, as well as the techniques involved, and this can be a real treasure trove of information for beginners and more experienced traders alike. Not all videos are available to everyone, however, so it stands to reason that we should take a look at the membership options available on the platform.
There are two tiers of membership available to users. Firstly, there is the IU Standard membership, which costs $197 per month, and offers a daily stock watch list, chat room access, one on one mentorship with some of the staff, and four Q&A online seminars per month. IU Elite, which costs $297 per month, offers all of this, but adds weekly trade recap videos, as well as access to a library of detailed video lessons unavailable to other users.
Why Investors Underground Works
It is important to point out that the collaborative nature of the trading that goes on using the Investors Underground platform is one of the main reasons for its success. These chat rooms allow all of the users to chime in with their view of a particular trade, which ultimately allows the group as a whole to arrive at accurate conclusions, since everything is open to question.
Furthermore, the fact that Investors Underground has the benefit of employing very experienced moderators to steer the conversation, as well as the trades, is another important aspect, since these moderators can spot the good plays from the naive or even malicious plays offered by some of the users. This sort of guiding hand is a safety net for the less experienced users, and such input is a valuable learning tool for them.
In such a collaborative environment, even the trickiest skills to master become easier. The chat rooms do not focus solely on the types of trade that would bring the most profits in any given circumstance, but also help with picking the stocks, as well as managing the costs associated with making transactions.
Final Thoughts on Investors Underground
Investors Underground is a fantastic platform for both beginners and more seasoned users alike. It offers many options and possibilities for communication between people with similar interests, and more importantly, similar trading goals, so that the result is more than merely a sum of its parts. The conclusions reached within these chatrooms can prove lucrative for all involved, and this sort of community trading is quite a valuable learning tool. In addition to this chat room functionality, Investors Underground also offers a fantastic library of advice and informational resources compiled by the seasoned moderators who help steer the conversation toward profitable conclusions.
