Nathan Michaud - Investors Underground — The investors underground dvd and chat room are a complete and total scam
You may have see Nathan Michaud on twitter flashing big profits and talking about "nailing" day trades. Maybe you've seen other Twitter "traders" talking about how "amazing" Investors Underground chat room and DVD's are. Be very very careful before you think about paying for one of Nate's overpriced DVD's or his expensive monthly chatroom. The truth is the "traders" on twitter boasting about Nate;s chatroom are really affiliates who get paid when you sign up for the service. The ones who aren't affiliates are likely new traders and haven't been in Nate's Investors Underground chatroom long enough to lose all their money yet.
I was in the Investors Undeground chatroom for over 6 months I meticulously monitored Nate's trades along with elkwood66 aka Eric Wood and crawfish_poboy aka Brandon Garretson trades. What I quickly realized was that winning traders were shared all over, chat, twitter, facebook etc. while losing trades somehow didn't get mentioned again. Occasionally Nate or Eric Wood will share one big loss to give the appearance that they are transparent. After monitoring this group for 6 months I have documented evidence that they conceal losses, get broker kickbacks are there is absolutely no way these guys make a living trading. These guys ARE NOT profitable traders and many of their big wins come with HUGE six figure draw downs. Last year Brandon Garretson was actually caught not uploading his biggest loss to profitly, after being called out he claimed "he forgot" lol. He forgot to upload his biggest loss, convenient.
Nate makes all his money selling completely worthless DVD's and chatroom subscriptions. There is a reason Nate is constantly pumping his $1000 dvd's and $300 a month chatroom, it's because he's not making a living trading. His trading style is reckless and you will lose money if you attempt to follow him.
Don't fool yourself into thinking that Nathan Michaud is any different then Timothy Sykes, they are both snake oil sales man making a buck off selling get rich quick schemes.
Nate was busted by the SEC already for participating in a pump and dump https://www.sec.gov/litigation/litreleases/2009/lr21053.htm, nothing has changed with this fraudster.
There is nothing that you can't find on youtube in Nate's DVD, there is no secret "setup", it's all BS and you're going to lose all your money if you follow this group of scammers.