The stock market can be an extremely risky game. On certain days, you may have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen and it can be extremely difficult to get back to the point you were at your most productive. If you find yourself immersed in the water, you will have to realize that relying 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. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your improvement within the field. In this review, we’ll be taking a look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 How To Find The 4000 Video Lessons On Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative, transparent, accountable, and uplifting with each other by offering a wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people new to trading and as a hub for traders who are experienced to monitor their performance through the use 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 also allows gurus to make worthy investments within the boundaries of the platform. Consider it a social media site akin to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been done before.” The concept was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts and newsletter authors and students, and 2) giving anyone on the platform to learn from both losses and wins to the benefit of the trading industry. How To Find The 4000 Video Lessons On Profitly
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of features and services aimed at achieving the success of their business. You may set up an account at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions of non-gurus. If you’re ready 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, which we will go over shortly.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll be given a chance to shoot your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give 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 group of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, then you could opt to post your trades, either verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account as well as other ways to interact with your experts 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 trader who is famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market is an avenue for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell through his many years of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trader. At the age of 25, he had been given more exposure and a wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make substantial amounts of money from their combined years of experience. How To Find The 4000 Video Lessons On Profitly
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of 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. With that taken into consideration Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices; email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. How To Find The 4000 Video Lessons On Profitly
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, the daily market updates in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also have the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that are designed to accommodate traders at 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 new to the trading community. Once you have signed up for this plan you’ll be offered a range of strong and essential trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
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 messaging other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan costs $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 do want to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use the majority of features available in the novice plan. This plan allows that you are able to create an individual profile that allows you to share with other associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their expertise in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders that might be a drawback for those eager to try this new tier. How To Find The 4000 Video Lessons On Profitly
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 each month and a 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all features from the two previous plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create a private profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re looking for an account that will give you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly offers a number of other services they offer. One of them is the online store, where customers can pick from a range of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader professional 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 scenes of the Annual Pennystocking Conference, and other products by 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 chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. One of them may be more laid back and rarely engaged, while another could be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer, the platform surely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room advice by its internal gurus as well as their members. They’ll also be able to choose from the items from its online store to carry with them wherever they travel. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that trading is a high-stakes game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suited to the newcomers. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the risky mix associated with it. Ideally, they may use Profit.ly’s range of options to their maximum advantage to enhance their trading skills. Like novices, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. How To Find The 4000 Video Lessons On Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its customers
- If traders decide to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the many features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. How To Find The 4000 Video Lessons On Profitly
What we are referring to”yes” is that it could be a useful learning tool. People who are stuck may discover Profit.ly’s range of resources useful as they do their best to incur lesser losses and be more successful than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ How To Find The 4000 Video Lessons On Profitly
How do you use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the My Trade category on the dashboard. It lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s a high probability that it’s verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, 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 opportunities in the stock market both right and left.
