The goal of this formula is to reveal the "true" share price for any given stock. The ultimate goal is to determine whether traders are overpaying or underpaying, which helps inform trading decisions.

Other concepts and indicators include relative strength index (RSI), moving average converse divergence (MACD), and Bollinger bands.

As you can see, many different indicators can be used to help determine if a stock is worth buying. The main indicator used is generally VWAP.

Investors Underground Pricing

Let's get this out of the way: Investors Underground isn't cheap. However, given everything you get with your membership, the cost is much more reasonable than it may seem at first glance.

Plus, your monthly cost will be quite a bit lower if you opt for quarterly or yearly billing. The monthly cost is almost 50% lower if you are billed annually.

There was previously a basic membership that did not include access to the video lessons, but that doesn't appear to be an option anymore. But with 1,000+ video lessons, it goes without saying that you're getting a massive amount of information.

We'll cover some of these features more in-depth later; for now, there is another set of membership options we want to mention.

Investors Underground Features

When you become an Investors Underground member, you gain access to a number of exclusive benefits you won't find anywhere else. These features will help you make better trading decisions which is ultimately what makes the membership cost worthwhile.

Let's go over what some of those features are.

Chat Rooms

Most members, especially those who have been around for a while, will spend most of their time in the chat rooms. This is where you will find your real-time updates tailored to your style of trading.

Each chat room has its own moderators and members. You'll find many different traders - some experienced, some not so much. And that is the beauty of it.

Each member is learning at their own pace and formulating their own strategies. There is no "right" or "wrong" way; only what works best for you.

Momentum Trade Chat

The momentum trade chat is the most active chat on Investors Underground. Here, you'll find a huge number of active traders at any given time.

Momentum trading is exactly what it sounds like. The idea is to take advantage of price trends in order to sell stocks that are on the rise. When those stocks appear to have peaked traders will sell them.

Of course, that's easier said than done. That's why traders are active in the chat all day long to discuss market activity.

But at you can see in the snippet above, it's not as simple as "buy X; sell Y." Instead, traders discuss market activity, jargon abound.

That can certainly make it seem intimidating for the newcomer, but it all eventually starts to make sense. Still, that's one of the reasons Investors Unground's courses exist: to help new traders get a head start.

To that end, it helps to do your homework before participating in the chat or asking questions of moderators. As most of us figure out at some point in our years of schooling, a teacher isn't much good if the student has no interest in learning.

That said, provided you hold up your end of the bargain, the moderators are very willing to help with any questions you may have.

Swing Trade Chat

Swing trading bears some similarities to momentum trading, but these shares are typically held longer. Instead of buying and selling all within the same day, traders might hold these shares for days or even weeks.

It also has its own head moderator, Michele Koenig. Michele does both swing trading and day trading, but her main specialty is swing trading.

OTC Trade Chat

In the OTC trade chat, you'll find all kinds of assets being traded that aren't found on a major exchange. These might be penny stocks, but the room now includes cryptocurrency as well.

This chat tends to be less popular due to the sporadic popularity of some of these assets, but it can be active at times.

Trader's Lounge

The trader's lounge is another chat room that is more general and not geared toward a specific trading style. As the name implies, you'll also find some chatting here not related to trading at all.

That is nice to have as it helps build a sense of community.

The other rooms have fairly strict rules about staying on topic. So, if you have general questions throughout the day, this is the place to ask them.

You may even see Nathan have a live session where he answers people's questions. Outside of regular business hours, you'll find webinars during which you can ask questions (more on that in a bit).

Morning Calls

Another feature members gain access to is morning calls. On these calls, you'll see Nate go over some of his trading methodology.

You can learn a ton by observing the best in the business. And when it comes to day trading, Nate is certainly one of the best.

During these sessions, Nate will give you his take on the latest trading trades and go through his strategy.

Although everyone trades a little bit differently, there is much to be gained from understanding Nathan trading style.

Members-Only Webinars

Another feature of Investors Underground is its members-only webinars. These webinars happen a few times per month and give traders a chance to have their questions answered.

As the above heading implies, these webinars are only for members. In general, members receive a lot more guidance than those trying to navigate the market on their own.

In addition to Q&A, recent trading activity is also covered on the webinars. There are a few different admins who run the webinars, including Nate, Alex, and Dante.

Mentorship

Mentorship can be one of the most valuable ways for anyone who is learning a new skill or trade to get started. Day trading is no different.

Because IU has so many traders readily available, there is almost always someone around to help guide you.

The great thing is that you can ask questions of any of the admins throughout the day. That includes Nathan as well as the others.

Investors Underground Courses

One of the best features of Investors Underground is its courses. While there is an additional fee for them, these are not your run-of-the mill courses.

They do some unique things you won't find anywhere else which makes them a worthwhile investment.

Textbook Trading

Textbook Trading is the foundation for your day trading knowledge. The course is eight hours long and serves as something of an intro to active trading.

However, it also goes beyond just the fundamentals. In addition to the just the basics, you'll find some more advanced topics covered in the course as well.

As a result, you'll come out of it not just knowing "day trading 101." That will prove invaluable due to the fast-paced nature of the chat rooms.

Tandem Trader

Tandem Trader is considered to be the more advanced of the two courses. Textbook Trading builds the foundation for becoming a day trader, while Tandem Trader uses that knowledge to execute real trades.

More specifically, you'll find 12 hours of content in this course during which Nathan walks you through his actual day trading process. He