A trading education platform that claims they can get you up and running quickly and earn good money.
Trading has become very popular online but can Investors Underground give you the training.
That can make you successful in this volatile industry, especially with 90% of investors who are losing money?
Who knows, but one thing for sure is that there is an abundance of training platforms and courses that you can now find.
Investors Underground is a membership site that has been on our radar for a while now and causing a bit of a stir.
Both negative and positive!
You might have seen their marketing campaigns on social media and are looking for more information.
Whether you can make money on the say-so of Nathan Michaud from Investors Underground or even if Investors Underground is a scam.
In the next few minutes, this and more will be revealed so that you are in a better position moving forward.
But, before we get started we’d like to mention that we are not associated with Nathan Michaud or Investors Underground in any way.
This means that we are not getting paid for this review and rest assured that what you will get is an honest unbiased account.
What we hope to provide are all the facts to give you a better understanding of whether to pursue this business or not.
With that said, let’s begin.
[Affiliate Disclosure: The Investors Underground Review has been thoroughly researched from information and testimonials that are in the public domain. This post may contain affiliate links which means we may earn a small commission, however, this won’t affect what you pay!]
Product: Investors Underground
Founder: Nathan Michaud
Website: www.investorsunderground.com
Product Description: Trading education platform
Cost to join: $297/month or $1897/year
Recommended: No
Summary: Truth be known, I think we would all like to be traders, but it is only the very few that actually make it as a living.
That figure is in the upper 10% but hey don’t let that stop you because everyone has to start somewhere.
When you spread the percentages over a wider area like 1 million traders, then according to the stats 100k would be actually making a living.
Now, if those figures were right then I’m inclined to believe that a large percentage of those 100,000 would be actual traders.
You know the ones in New York, London, Japan, China…
Day trading is what is taught at Investors Underground.
That requires a minimum investment to trade with and according to the SEC, that figure is $25k otherwise you’ll find restrictions when you trade.
Investors Underground has been around for a while now and is one of the first trading chat rooms to hit the internet.
Launched in 2008 by its founder, Nathan Michaud, it started life as a chat room for traders or would-be traders and I don’t mean that with any disrespect.
Back then Investors Underground was known as “Investorslive”.
Over the years it has evolved to become an all in one trading education platform which is proving to be quite successful.
It does come as a membership site and might be a little too pricey for most budgets.
Especially when you require thousands in addition just to get started.
There are a few mixed feelings though, which can be seen over the internet if you research the product enough.
Even where you’ll find some dirt on Nathan like when he got involved in some pump and dump scheme and was caught out by the SEC.
But you know what, everybody has history and if you look deep enough you will find something and unfortunately it is there for life on the internet.
This happened in 2009 so around the time that he launched Investors Live or as it is now called Investors Underground.
Do you get value for your membership or should you start your trading education somewhere like Udemy?
Keep reading to find out.
Who is the founder of Investors Underground?
Nathan Michaud is the founder of Investors Underground (previously, InvestorsLive)
He started his trading career whilst in his first year at college way back in 2003 which was inspired by the success of his uncle.
Like anything new, it’s all about trial and error but you have to go through this stage in order to get through to the other side.
Success is never going to happen straight away and Nathan found this out to his dismay which accounts for his many ups and downs.
At one point apparently, he was up $150k and he was told to move his motorcycle as it was parked illegally.
Before he moved his motorcycle, he made sure that his trades were doing ok and by all accounts in the 10 minutes it took.
His investment had lost $90k, now if indeed this did happen then he must be the unluckiest person on the planet.
Or, was it just a story to help him promote his products and services at a later date. We’ll leave that for you to decide.
One thing Nathan prides himself on is his persistence and not giving up and that is what you need to succeed at anything.
At the time, he decided to create a blog called InvestorsLive where anyone could exchange their thoughts on trades and it was a way for him to document his trades.
The website InvestorsLive is still active and today will redirect you to Investors Underground.
Nathan has a very active YouTube channel with over 144k subscribers and nearly 300 videos packed with free information and definitely worth a look.
He is also one of the founding members of Traders4ACause, a charity for giving back which is always a good thing.
What do you get when you join The Investors Underground?
Well, let’s take a look and it better be good for the amount that it is costing.
Daily Watch Lists
Stocks
Each day you are provided with the best-performing stocks for the next day’s trading which are sent out to you the night before.
This is to give you plenty of time for the forthcoming markets and to allow you to make a game plan.
Game Plan and Rationale
Each daily list comes with game plans, stock charts and rationale to give you a heads up, which shows you the setup and game plan.
This will enable you to be prepared and to understand why these stocks are been traded to take you closer to becoming self-sufficient.
Active Chat Rooms
Chat rooms are what Investors Underground prides itself on and what started the ball rolling when IU started way back in 2008.
There are literally thousands of members communicating within these chat rooms sharing trades and ideas.
You have several chat rooms, with Momentum, their main chatroom with rooms focused on Penny Stocks and Swing Trading.
Trade Recap Videos
Trade Breakdowns
Every week they release several trade recap videos that go into detail about the trades that were traded in the trading week.
Everything is broken down to show you what the game plan was that they decided upon, the things that went right and the things that went wrong.
Video Lessons Library
There are over 1000 videos stored in a library that everybody has access to covering hundreds of hours of content to educate you as a trader.
These videos could be a godsend for new members that lack trading knowledge and find it difficult to follow the chat room conversations.
These videos cover real trading examples.
If you can’t find what you are looking for here then check out their YouTube channel.
Monthly Q&A Webinars
They host several webinars every month to ensure that everybody is on the same page.
Here you can have any questions answered and discussions on trading concepts, previous trades and so much more.
These are a way to get all the members together, and more of a get together to expand each and everyone’s knowledge.
All the webinars are stored online so that any member can access them at any time.
Courses In Addition To The Membership
In addition to the membership education, there are three individual courses that you can purchase separately for around $1000.
Textbook Trading: The all in one trading course that they claim will teach you everything you need to know about trading in 8 hours, I doubt that very much…
Swing Trading: This is the ultimate Swing trading course, learn everything to build a good trading foundation which includes strategies, charts and much more…
Tandem Trading: According to the IU this is the ultimate day trading course.
A guide to developing consistently profitable trade habits.
This DVD comes with 14 hours of trading action. This includes probability chart patterns and more…
Monthly subscription, $1297 then 2nd month onwards $297/month
Quarterly subscription, $1697 then 2/3/4 quarter $697/quarter
Yearly subscription, $2697 then recurring yearly payment $1697
Who is the Investors Underground For?
Everybody is looking for the quick buck, we see it all the time in the make money niche.
There’s a big problem here, it just doesn’t exist, but people will still keep looking, I know because I was one of those people too.
But, trading is a little different because so much can go wrong and you could lose your entire investment just like that.
My brother has tried miserably for many years but he still sticks at it because he feels he is going to crack the code one day.
There is a lot of information on Youtube and guess what, they are all making money or so they say.
90% of traders lose money so I guess all these “so-called” traders on YouTube are all part of the 10%.
If you have some spare cash, save it or learn something like affiliate marketing and create a business that will pay you.
How much does it cost to join Investors Underground?
As of this review, there are three membership options that you can take advantage of.
Monthly @ $297 which equates to $3,564/year
Quarterly @ $697 which equates to $2,788/year
Yearly @ $1897
There is no refund policy and if Investors Underground interests you then it might not be wise to pay for the quarterly or annual membership.
You can always upgrade if things start working out for you.
Is the Investors Underground a Scam?
We found more than enough issues with
Investors Underground that should tell you not to get involved.
Like, Nathan Michaud, a convicted felon who was found out by the SEC for a pump and dump scheme in 2009 and fined $100k.
About the time that he brought Investors Underground to the market.
We noticed that the 128 reviews that we could find on TrustPilot are all reviews for 2021.
Don’t you find this a little strange when Investors Underground has been active since 2008?
Why aren’t there any reviews pre 2021?
The membership fees are extreme when it comes to a trading education platform and with no refund policy in place either.
Some of the training that you would be paying for can be found on their YouTube channel.
” Michaud said, “90 per cent of traders fail, and without a proper plan and community, you’re on your own. Don’t trade this market alone!”
This implies that you can’t succeed unless you have a good community behind you but that community is going to be full of newbies.
We couldn’t find any verifiable information on the internet to back up his claims as a trader.
Hey Guys and Gals, great to meet you and hope you enjoyed this post. We created this site to help people like you avoid the pitfalls of making money online and hopefully steer you onto the right path. ENJOY!
View all posts by Mick
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Hey Guys, welcome to the What is Investors Underground review
