Stock trading can be a high-stakes game. On some days, you may be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite and it can be extremely difficult to get back to the point you were at your most productive. If you’re always in the mud it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your improvement within the field. We’ll take the time to 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 How To Cancel Profitly Subscription
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide variety of tools and features like chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for people who are starting out as well as a place for experienced traders to track their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Consider it the social media equivalent like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never prior to.” This idea Sykes said served two objectives: one) making public records for not just the gurus and newsletter authors and students, and 2) making it possible for all users to learn from both losses and wins to the benefit of the trading industry. How To Cancel Profitly Subscription
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving success. You can create an account at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t 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 subscribe to any of Profit.ly’s offerings, 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 an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at how the community of traders performs as well as its gurus. It’s not just a way to show that you’re worthy to the group of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of sharing information about your account with a brokerage, you can decide to share your trades, whether verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading courses and the capability to see the stats of a trader’s account and other methods to interact with your experts in the chatroom, in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made significant amounts of profit through their years of experience. How To Cancel Profitly Subscription
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the most famous gurus 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, it is a great option for investors who are involved in penny stock trading. Pennystocking Silver offers all the essential features found in prior plans, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. How To Cancel Profitly Subscription
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile application, daily market updates 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 an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally, you’ll also get access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers, each designed for traders at different levels. Let’s break down what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. As you sign up for this package, you will be immediately given a slew of robust and essential trading tools, all of them integral in keeping your fingers on what we call a competitive process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following and even texting other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you do want to have access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the Novice plan. This plan allows that you are able to create a private profile for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their skills in trading. Although it’s a nice thing, there is one significant element that’s missing. As opposed to the prior Novice package, this one won’t be able view other traders’ statistics this could be a disadvantage for those eager to try this new tier. How To Cancel Profitly Subscription
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. With $74.95 monthly, and a 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all the features of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating an individual profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives all the features you need to be trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of these is its online store, which allows users to select from a variety 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 site can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range 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 and also on a few specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members. Some may be a laid-back person who is not very often engaged, while another could be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in its essence.
Who is the ideal Trader for 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. Given the wide range of options it offers it is certain to have something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus as well as their members. Additionally, they can select from the products from its online store for them to take wherever they may be. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that the process is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suitable to them as the newcomers. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s array of features to their full advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to assist them in the ever-changing trading process. How To Cancel Profitly Subscription
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost – there truly is something for all
- Profit.ly’s numerous products and packages offered might be too much for the majority of its users
- Since traders can choose to open any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to increase the rating This could be a concern that should not be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. How To Cancel Profitly Subscription
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s variety of resources useful as they do their best to incur lesser loss 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!
So, if you genuinely care about being a better trader and want to learn from your peers and experts throughout the process, then look no further – Profit.ly may be a great alternative to start.
FAQ How To Cancel Profitly Subscription
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the ‘My Trade category on the dashboard that lets you post your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing on 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 for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many are 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 grow and learn more about acquiring stock market opportunities both right and left.