Stock trading can be an extremely risky game. Some days, you could enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to get back to where you were your peak. If you’re immersed in the water You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement within the field. In this review, we’ll be taking an in-depth look at Profit.ly is a well-known single-stop social platform to trade!
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 Crawfish Po Boy Profitly
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features 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 serves both as a learning and education platform for traders new to trading and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources for communication and trade that help traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries that the site. Consider it the social media equivalent like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that was never previously done.” The idea was, he said, serving two purposes: 1) making public records for not just the gurus as well as newsletter authors and students and secondly) allowing anyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Crawfish Po Boy Profitly
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared at achieving achievement. It is possible to create an account for free, but you’re limited to the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its experts. It’s not just a way to prove your worth to a community of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, then you could decide to share your trades, verified or otherwise, through pictures. Included in Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. Penny stock trading is an avenue for small-scale businesses to make the transition into a larger market because it allows them to access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of knowledge. Crawfish Po Boy Profitly
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most famous gurus 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 the platform: the founder as well as penny-stock trader 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 can 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. The cost is $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS as well as Android devices, text, e-mail and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, such as swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Crawfish Po Boy Profitly
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you going. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this package you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re looking to have access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of the majority of features available in the Novice plan. This plan allows that you can set up an individual profile that allows you to share with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their skills in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able view the statistics of other traders this could be a problem for those anticipating this level. Crawfish Po Boy Profitly
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, which includes an additional 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all options of the previous plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create an individual profile. These two features are plus the other advantages that you can utilize 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
In addition to the trainer tools and leadersboards Profit.ly has a few more services it has to provide. One of those is its online store, which lets users select from a variety of video products designed to inform and guide you through the ins and outs of trading. The products listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms, as well as some specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a real-time area where experts and members trade and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. One might be more laid back and less active, while another may be more online and communicative to their pupils. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it has to offer, the platform surely has something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room advice by its internal gurus and members. They’ll also be able to select from the products on its store online to carry with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as proficient in managing trading but the experts already know how it works and the plethora of risks that it carries. It is ideal to use Profit.ly’s array of features to their full advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the excitement! Trade professionals who are at the same level as Superman as well as 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. Crawfish Po Boy Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately 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 Worth It?
If we could come up with an answer to this question, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, you should have an open mind. Crawfish Po Boy Profitly
What we mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might find Profit.ly’s array of resources to be helpful as they do their best to avoid loss and perform better than they did before. It’s not just the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become better at trading and wish to learn from your fellows and gurus along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Crawfish Po Boy Profitly
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the My Trade’ category of the dashboard. It allows you to post your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, 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 works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.