Investors Underground: Live Trading Chatroom

Best place to invest in your trading education.

I've been in other chat rooms before, and the IU Chat tops them all. In every other chat, you would blindly follow somebody else's alert, and hope you don't get dumped on. You are surrounded by some of the world's best traders, all open to help you out (if you PM them of course).

The chat room is strict, but thats one of the best things about it. No extra noise, from 9-4 we're trying to make money & helping each other do it. Its better to run a tight ship than a loose one.

You don't get e-mails, text messages or any other crap saying what their position is in whatever stock. You get Nates alerts real time in the chat, but its not a "i'm making this trade, follow" its a " i'm making this trade because of this reason, and if you follow I expect you to know the reason for this trade and the risk." Nate teaches you how to trade for yourself, and thats another highlight of this chat.

Trust Score

1.1

User’s Review Ratings

Overall

By far the most helpful and experienced chat room on the web

I joined Investors Underground as an elite member about 6 months ago, and I am so glad I did! My trading has improved by immeasurable amounts since then. I would recommend the room to anyone, from those who are just getting started and need to learn the basics, to those that have been trading for years and want to fine tune their game.

What I really love about the room is that not only do you receive real time alerts from multiple traders who are on the top of their game, but you also learn the reasons why they are trading that specific trade. So many online services give alerts, but fail to provide the knowledge behind those alerts. Over the last 6 months, I have learned so much that I can now anticipate many of the trade ideas that are given in the room, and instead of just blindly following, I am making my own plans and profiting from them.

Nate, and the rest of the IU moderators, have a way of explaining complex ideas in a way that I can comprehend and apply. The webinars and daily videos are priceless! Some of the ideas expressed just seem like common sense, but that's the sign of a truly great teacher... someone who can take a complex idea and convey it in a way that just makes sense. And again, the methods that they teach are not just "buy earnings winners and sell pump and dumps" like some other chat rooms out there. They dive into many strategies so you can figure out which ones work for you.

Another aspect I really appreciate is the way they are always there to answer questions. For example, a little while ago I asked a question, but did not receive an answer that day. The next morning I got a concerned PM from Nate apologizing for not getting back to me because he was away from his computer, but he followed up to make sure I had the information I needed! He took the time to review the past day and make sure that all unanswered q's were attended to. Never before have I experienced that type of attention and caring from an online chat room. I was honestly blown away.

So, to sum it up, these guys know their stuff, and they do their best to make sure you know it too. Not only have I learned to rules of the road, but also the "why" behind them. Their attention is bar none, and the knowledge at your fingertips once you join (in the form of previous webinars and daily videos) is invaluable. Again, I could not have a higher recommendation.

Trust Score

1.0

User’s Review Ratings

Overall

Not that great as i thought

-chat: very clean, no spam, but too many traders are alerting with different styles (and most of them are losing), even moderators have different styles. You can use the chat as your source for news and ideas what's moving, but definitely not for alerts most of the time

-Nate: he's really helpful and you can pm him and he will always answer, also mods too

-alerts: If you want follow his alerts you will be losing money, when he alerts something it looks like this: AAL watch dips for long or short small FB risk on .30, from now shortng pops TWTR etc., which is a little bit shady alerting because you don't know his EXACT position size, his EXACT risk and his EXACT entry, he scale in and out a lot. Everytime something from these three is missing, it's very shady, it's not true alerting and it's basically means nothing, When his alrerts is going his way he can tell you how big he banked, when its not he can tell you he was only small this time and he had good morning so he's up on a day big, or he can tell he was scaling in and out, or you should cover washes(after move already happened). You basically can alert whatever you want and make it profitable trade everytime...

-3:1 RRR: i have no idea how he can get 3:1 RRR, in the morning he scalps, paras is scalping mostly and he's doing a lot of scaling in and out and there is no way he can get RRR high as that, he's sitting in large loss a lot for a small profit.

-education: the DVD is good, webinars too, but it won't turn you into profitable trader imo. There are losts of higher lows, paras, faders out there and you have to gain the feel for when to take it or not, i would say his trading style feels a little bit random and by feel(espacially in the morning). Nate is profitable and he's good at his style, but for a begginer it wont be easy to learn this style of trading, There are more begnner friendly styles out there

-overall: a litte bit overhyped chatroom, especially on twitter where Nate is retweeting tweets of begginers who got lucky and made some $$ and it looks like everybody is banking there but it's not true, most of the chatroom is losing money and they don't know what to do, but they're some very good traders in the chat too, but they're taking care of their own shit and they have their own styles of trading

Trust Score

1.0

User’s Review Ratings

Overall

better off buying 20 random top gainers at market open

- You cannot trade somebody else's homework. You have to trade your own homework.

- Most members are completely lost. You can clearly tell when you have people asking "hey, what do you think XYZ will do today?"

- There are 50 alerts coming at you from different traders with different trading styles.

- You cannot learn from the alerts because you didn't do the homework. Someone else did.

- Picking random alerts = entering the market randomly. You are trading a random-entry system this way. This system is tradeable but you don't need alerts to trade this way.

- Resistance does NOT become support once it's broken.

- Your risk- to-reward is out of whack trying to catch falling knives. You will consistently have losses bigger than average gain.

- There are about 15 members who are profitable trading their OWN homework.

- You have to create your own trading style and learn how to do your homework.

- You have to trade your homework. Then you ignore everyone else's alerts in the chat and become a consistent trader.

Trust Score

2.4

User’s Review Ratings

Overall

Best Service Around

If you are a daytrader and you aren't in this chatroom, you are doing yourself a disservice and putting yourself at a disadvantage. The room is full of millionaire traders and they are all active in the chatroom. Led by Nate, the room is kept clean and clutter free during market hours. Then you have Eric Wood & LX21. Two of the best traders around. You also have a separate OTC room. Nate's scans / watchlist you get every night is second to none. I highly recommend Nate's service, you won't be disappointed.

Trust Score

3.7

User’s Review Ratings

Overall

No nonsense chat room

This is a no nonsense trading chat room where the only thing that is displayed during trading hours are actionable entries and exits. I like the way moderators manage the room! One can learn the setups by watching seasoned veterans as they share their entries and exit during the day. Great platform to learn and improvise your learning curve!

Trust Score

1.0

User’s Review Ratings

Overall

Solid Idea Generation

Great resource for Idea Generation. The chatroom is clean, uncluttered, and focused. Similar to the Hammerstone chatroom but 1/2 the price and much more trade alert based vs only news.

I enjoy the chatroom and will continue my membership. I'd recommend this to friends as well.

Trust Score

1.6

User’s Review Ratings

Overall

Great chat room

Clean, clutter free trading ideas. My favorite chat room by far.

Trust Score

4.0

User’s Review Ratings

Overall

FLUFF-FREE Chatroom, Alerts alerts and more alerts

Nate and the moderators are very good at making sure everyone is keeping the messages relevant to what we're trading. I think the chatroom's unofficial motto is "if it isn't going to help someone trade and make money, SHUT THE F*@K UP". They're not all "oh heyyyyy how's it going, what do you think about the 7:1 split on APPL blah blah blah", it's 95% "ABC snap", "ABC PR", "XXX short sale at $X risking $X". Plus Nate is always giving great advice and drills it into your head until you get it. Superb.

Trust Score

1.0

User’s Review Ratings

Overall

If you want to day trade, this is the only place to be.

I have been a member of IU chat since I bought the DVD at the end of April 2014.

My main interest was Nate's DVD, but in the process of buying it I was offered a month's free trial of IU chat. I ended up taking the year's subscription, and it's the best trading decision I ever made. These two products go together amazingly well for a novice wannabe daytrader.

Chat is VERY focused. Between 9am EST and 4PM there is NO off topic chatter. Pointless comments get a stern warning, and muted from their on. The rules are clear and if you take the time to read them there will be no surprises. This discipline and focus was the first thing that struck me. I have been a member of another very well known chatroom and frankly nothing I saw there made me ANY money. And that's what we care about right?

I came in to chat wanting to learn how Nate trades. His alerts in chat are very often actionable, but the guy is so quick it's better to look at the chat logs that are printed each night and check his entries and exits. Nate makes most of his profits in the first hour or so, so it's very important to understand these are the riskier trades. But if you take your time and start SMALL, you won't get hurt, and you will begin to understand these trades. Recently I have had a couple of trades where I have actually got in before Nate and out after. Definitely NOT saying I'm as good as him, but this is what studying the DVD and chat logs will do. You will learn to trade LIKE Nate. If you follow his alerts like a sheep you will be exposing yourself to too much risk, and possible being on the other side of the trade. Yes, morning trades can move that quickly.

So apart from Nate and the lack of noise, another positive in chat is the quality of moderator/trader in there. There will be familiar names in there from other chatrooms: people who owe more to Nate's trading than any other guru. These are TOP traders, who are also very humble and helpful people. Don't be asking them stupid questions and you'll get great answers. SO many noob questions are answered by the getting started section on the investorsunderground website.

There is a feeling of community in there too. There are people at all stages of their trading career, from complete beginner, to seasoned pro, so whatever you're going through, there is someone else who has experienced it. Nate always answers emails promptly. I'm convinced he actually has at least 3 pairs of hands, his multi-tasking is ability is pretty scary.

On top of all this there are other chatrooms too. One for swing trading, and another for sub-pennies, both run by experts. i don't use them personally YET, but it's great to know these resources are there for rounding off in to a more complete trader. You can open chat on your phone/tablet as well.

I honestly can't think of any negatives. If I had to be pernickety I'd say a few people get away with posting entries and not exits and vice versa but that really isn't a big deal.

If you want to reduce your learning curve MASSIVELY, IU chat is simply the best place to be. With trading you get out what you put in, but with these tools and lots of hard work and study, I feel like my trading success is a matter of 'when', not 'if', and if I screw it up it's MY FAULT!

Trust Score

1.0

User’s Review Ratings

Overall