Analyze Your Trade In Profitly Review

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Stock trading is an exciting game with high stakes. On some days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be very difficult to return to where you were your best. If you are constantly stuck in the gutter it is important to realize that relying on your instincts and preserving might not be enough.

If you’ve been incurring occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your improvement in the industry. This review will take a look at Profit.ly is a well-known single-stop social platform to trade!

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For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.

Overall Rating: 4.1/5 Analyze Your Trade In Profitly Review

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

Users Experience 4.5/5

Summary

Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed, transparent, accountable, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.

What is Profit.ly?

Profit.ly is a trading website that serves both as a learning and training platform for those new to trading as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication that help traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.

Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.

In an interview with Forbes magazine Sykes stated that Profit.ly was based “on showing every trade, something that has never been done before.” This idea, he added, served two objectives: one) making public records for all traders, not just the gurus as well as newsletter writers and students as well as) making it possible for all users to be enlightened by the losses and wins for the trading industry’s benefit. Analyze Your Trade In Profitly Review

How Does It Work?

Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared toward achievement. It is possible to create an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.

The process of opening an account is easy: create an account with your experience and expertise, connect to your brokerage account and you have yourself the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a look at their performance as a trading group and its experts. It’s not only a chance to prove your worth to a community of traders, but you are also able to use Profit.ly to shop with a professional with the confidence that you are confident with their expertise and the legitimacy of their claims.

If you’re not comfortable with the idea of divulging your brokerage account, you may choose to publish your trades, verified or otherwise, through photographs. Included in Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, along with text and e-mail alerts and updates.

Analyze Your Trade In Profitly Review

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading is a stepping stone for small businesses to transition to a market that is larger as it gives them access to funds from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of experience.

From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and a larger reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete through the platform.

The Profit.ly Gurus

One of Profit.ly’s most appealing features is the vast array of learning sources, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have made substantial amounts of money through their years of knowledge. Analyze Your Trade In Profitly Review

At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru offers.

From Tim Sykes Tim Sykes: Tim’s Alerts

Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in trading.

A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices, email, text, and push alerts; as well as a daily watchlist of stocks.

Tim Sykes: From Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated each week.

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The following video is from “Superman” Paul Scolardi: Superman Alerts

Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Analyze Your Trade In Profitly Review

The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist as well as the mobile application, daily market updates in real-time, as well as email and SMS alerts.

From “Superman” Paul Scolardi: Superman Pro

For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as an IPO and earnings tracker.

Profit.ly Plans and Costs

If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that cater to traders at different levels. Let’s look at what the three levels are and what they will cost you.

Novice Plan

The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this package, you will be immediately offered a range of strong and vital trading tools, all one of them essential in keeping your hands on what we call a competitive process by itself.

The list of features you can accomplish with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, and filter your trades and, lastly, view other people’s statistics.

The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you do want to have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.

Trader Plan

The Trader package lets users to benefit from a majority of features from The Novice package. It is in this plan that you can set up a private profile to share with other associate users all your knowledge and information you have gained from the trading community.

The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. As nice as it seems however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able view the statistics of other traders, which could be a problem for those who are eager to try this new tier. Analyze Your Trade In Profitly Review

Pro Plan

The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 per month, and a 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans.

In addition, you’ll be able to see other users’ stats, but you’re also given the opportunity to create a private profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!

Profit.ly’s Other Services

Apart from the provided training tools and the leadersboards Profit.ly provides a variety of other services they offer. One of them is the online store, which allows users to pick from a range of video products designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.

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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a hands-on place where gurus and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members there. Some may be a laid-back person who is not very often active, while another may be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in the essence.

Who is the ideal trader to Profit.ly?

Profit.ly’s variety of offerings and features cater to an array of stock traders, from novices to experienced professionals. Considering the number of offers it offers, the platform surely has something for everyone.

Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items in its online store for them to take wherever they may be. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a high-stakes game that should not be viewed as a joke.

For the traders with many years of experience down the road, we consider Profit.ly as equally as suitable to those who are just starting. While novice traders may not be as adept at handling trading matters but the experts already know how it works and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks throughout the process.

Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Analyze Your Trade In Profitly Review

Profit.ly’s Pros and Pros and

The Pros

  • Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
  • You will be provided with excellent lessons and advice from the company’s inside experts, as well as video libraries that teach you how to learn and real-time trading activities
  • You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you when something goes wrong.
  • The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
  • In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
  • Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There is truly something for every person

The Cons

  • Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its users
  • If traders decide to make any type of trade, there’s an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a problem that shouldn’t be simply overlooked
  • Profit.ly does not offer refunds, as the premium customers are expected to instantly benefit from the number of features the platform is able to offer

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The Final Concluding Question: Is Profit.ly worth it?

If we were able to come up with the answer, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Analyze Your Trade In Profitly Review

What we mean”yes” is it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s range of resources to be helpful in their efforts to reduce losses and perform better than before. It’s not just the struggling traders who will profit from the platform. It can accommodate beginners and even experts!

So, if you genuinely care about being more successful in trading and would like to be taught by your mentors and peers along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.

FAQ Analyze Your Trade In Profitly Review

What are the best ways to use Profit.ly to publish your trades?

Profit.ly has an entry section for trades under the “My Trade section of the dashboard that lets you record your trades that are verified or not. There are three options:

  1. Connecting your account to your broker of choice and import trades directly from there
  2. Manually entering your trades into provided spaces and specifics
  3. Take a photo of your transactions

What can I do to determine whether the trade is authentic or not?

If you buy your trade from a trusted brokerage, there’s the chance that it is verifiable. This is indicated with the small blue check. If you submit the information manually or via pictures, it will be classified as unverified.

The downside of having an unauthentic trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.

Are the Profit.ly mobile app still in use?

As of the moment, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.

How many people are on Profit.ly?

Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market both right and left.

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