Stock trading is a high-stakes game. On some days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to return to the point you were at your best. If you find yourself immersed in the water it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you in your improvement in the industry. We’ll take an in-depth look at Profit.ly is a well-known all-in-one 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Cant Connect To Profitly
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad range of features and tools such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those new to trading as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of the platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as it is possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never done before.” The concept Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students and secondly) giving anyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Cant Connect To Profitly
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. You may set up an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you’ll be given a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into the performance of the trading community as well as its experts. It’s not just a way to show your worth to a large group of traders. You can also use Profit.ly to buy with a guru, and have the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account then you could decide to share your trades, either verified or not, via pictures. Included in Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus through the chatroom in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as they can access funds from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as a trader. When he was 25 years old Sykes was given greater exposure and a larger reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial profits from their collective years of knowledge. Cant Connect To Profitly
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS and Android devices, email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, this is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic features found in earlier plans including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Cant Connect To Profitly
The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base of information provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition you’ll also have access to premium research reports and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels, each designed for traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed up for this package, you will be immediately offered a range of strong and essential trading tools, all of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as 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, look at other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You can’t create a private account, making your activities publicly available. If you’re interested in gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package allows you to take advantage of a majority of features from the novice plan. It is in this plan that you are able to create an account that is private to share with other associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their expertise in trading. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to see the statistics of other traders, which could be a disadvantage for those eager to try this new tier. Cant Connect To Profitly
This is by far the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes 22% off when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the features of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these options, plus the other benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly offers a number of other services they offer. One of them is the online store, which allows users to choose from a wide array of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and clips from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You’re probably familiar with the chat room as you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. But in Profit.ly, it is seen as a hands-on place where gurus and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and dealing with the listed members. One of them may be more laid back and rarely active, while another may be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room tips from the in-house experts and members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they go. You can also get hands-on experiences from trading within the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the risky mix that come with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Cant Connect To Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for all
- Profit.ly’s abundance of packages and services offered could be too much for most of its users
- Since traders can choose to open any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it would be a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used in this way. Instead, you need to have an open mind. Cant Connect To Profitly
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could find Profit.ly’s array of resources useful as they do their best to incur lesser loss and perform better than before. Not only struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Cant Connect To Profitly
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries in the ‘My Trade section of the dashboard. It allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the small blue check. If you submit the information manually or via images, it will be assigned as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities all over the world.