The stock market can be an extremely risky game. On certain days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to return to where you were at your peak. If you’re constantly stuck in the gutter it is important to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you in your improvement in the market. In this review, we’ll be taking a look at Profit.ly A well-respected one-stop social platform for trading!
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.
Total Rating: 4.1/5 Bri Bank Buku Berapa
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide array of tools and features like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication, it helps traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that was never previously done.” The concept Sykes said served two objectives: one) creating public track records for all traders, not just the gurus, but also the newsletter writers and students and secondly) making it possible for everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Bri Bank Buku Berapa
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed toward the success of their business. You may set up an account on the site for free, but you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given a chance to shoot through the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into their performance as a trading group and its experts. It’s not just a way to show value to a community of traders. You can also utilize Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can choose to publish your trades, either verified or not, by taking photographs. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at statistics on a person’s profile and other methods to communicate with your gurus via chatrooms in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks is an opportunity for small businesses to transition to a market that is larger as it gives them access to money from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider impact when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their combined years of experience. Bri Bank Buku Berapa
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will see him focus on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices; text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is an ideal plan for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts and 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 is known under the alias “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Bri Bank Buku Berapa
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed to this plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what call a competitive process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you’re looking to gain the benefit of this service, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to use the majority of features available in the Novice plan. This plan allows that you can create a private profile to share with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their expertise in trading. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, you won’t be able to view the statistics of other traders that could be a disadvantage for some who may be anticipating this level. Bri Bank Buku Berapa
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 each month with 22% off for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features from the two previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few additional services that it can provide. One of those is its online store, where customers can choose from a wide array of videos created to guide you through the ins and outs of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a hands-on area where experts and members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be laid back and rarely active, while another may be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will get daily videos and chat room advice from the in-house experts and their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they may go. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that this is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable to them as people who are just beginning. While the newbies may not be as adept at dealing with trading issues but the experts already know how it works along with the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their trading abilities. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks to help them along.
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! Trade professionals who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders in order to guide them through the ever-illustrious trading process. Bri Bank Buku Berapa
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You get to be taught by experts and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for most of its users
- If traders decide to make any type of trade, there’s a possibility that some of them could profit from selecting the best trades in order to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could come up with the answer, it would be a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Bri Bank Buku Berapa
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s array of resources to be helpful when they try their best to incur lesser losses and be more successful than they did before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be better at trading and wish to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Bri Bank Buku Berapa
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the “My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market both right and left.