The stock market can be an extremely risky game. On certain days, you could be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it could be extremely difficult to get back to the point you were at your peak. If you are constantly stuck in the gutter it is important be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Eventi E Sagre
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for those who are starting out and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. Offering users a broad array of options for trade and communication, it helps traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the 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 expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never previously done.” The concept was, he said, serving two purposes: 1) making public records for all traders, not just the gurus as well as newsletter authors and students and secondly) allowing everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Eventi E Sagre
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed towards achieving the success of their business. You can create an account at no cost, however you’re only given access to the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into the performance of the trading community as well as its gurus. It’s not only a chance to prove that you’re worthy to the large group of traders, but you can also utilize Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise 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, whether verified or otherwise, through photographs. Included in Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account and other methods to interact with your experts through the chatroom as well as 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 trader who is famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. Penny stock trading is an avenue for small companies to move to a market that is larger as they can access 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 through his many years of expertise.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as trader. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” He used the opportunity to establish 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have made substantial profits through their years of knowledge. Eventi E Sagre
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS and Android devices, as well as text, e-mail and push alerts as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, it is a great option for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in prior plans, including swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones 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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Eventi E Sagre
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally, you’ll also get an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. Once you have signed up for this package you’ll be provided with a variety of powerful and vital trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, and filter your trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. It is in this plan that you can set up a private profile to share with fellow associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able to view other traders’ stats, which might be a drawback for those who are eager to try this new tier. Eventi E Sagre
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month with a 22% discount for billing annually the Pro plan has it all. You will have full, unrestricted access to all features of the prior 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, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can provide. One of these is its online store, where customers can select from a variety of videos designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and clips taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you will see it on social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members. One of them may be laid back and rarely engaged, while another could be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from novices to experienced professionals. Considering the number of offers it has to offer, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts as well as their members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as proficient in dealing with trading issues, the pros already understand the way it functions and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to guide them through the ever-illustrious trading process. Eventi E Sagre
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating This could be a concern that should not be overlooked.
- Profit.ly does not offer refunds, as the premium customers are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be yes. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, you should have the ability to think with an open heart. Eventi E Sagre
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources to be helpful as they do their best to reduce losses and perform better than they did before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly want to become better at trading and wish to learn from your fellows and gurus throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Eventi E Sagre
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the ‘My Trade’ category of the dashboard which allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is shown by the blue check mark. If you post it manually or through images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. A large number of downvotes could 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 application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market both right and left.