Stock trading is a high-stakes game. On some days, you could have the benefit of pleasing and positive numbers. On other days it could be the reverse 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 recognize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve found a platform that can support you to improve your performance in the industry. 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.
Overall Rating: 4.1/5 How To Unsubscribe From Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informative responsible, transparent, and encouraging one another through its wide variety of tools and features including chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education 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. Providing users with a wide variety of tools for communication and trade and letting traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries that the site. Think of it as the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept was, he said, serving two purposes: 1) keeping track of public data for everyone, not just the experts as well as students and newsletter writers, and 2) making it possible for anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. How To Unsubscribe From Profitly
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of services and features geared toward achievement. It is possible to create an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove that you’re worthy to the community of traders, as you are also able to use Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the veracity of their assertions.
If you are unsure about the idea of sharing the details of your broker account you can choose to publish your trades, either verified or not, by taking photographs. Included in Profit.ly is the huge selection of trading courses, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into penny stock trading. According to Investopedia Penny stock is a small business’s shares that trade for less than $5 per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a large marketplace as it allows them to access money from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their combined years of knowledge. How To Unsubscribe From Profitly
At its peak, 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 experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS and Android devices, text, e-mail, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: 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 per month, this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both 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. How To Unsubscribe From Profitly
The Superman Alerts plan is an offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market commentary in real-time, and email and SMS alerts.
In “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 featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally you’ll also have an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this plan, you will be immediately provided with a variety of powerful 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 do using Profit.ly’s Novice program is the capability to check 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 can also get on leaderboards, analyze, sort, as well as filter trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you’re interested in have the benefit of this service, 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 can create an account that is private to share with other 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 catering for those looking to harness their skills in trading. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, you will not be able to view other traders’ statistics, which could be a disadvantage for those who are looking forward to this tier. How To Unsubscribe From Profitly
Pro Plan
This is by far the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month which includes an additional 22% discount when billed annually the Pro plan has it all. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the chance to create your own private profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few additional services that it can offer. One of them is the online store, where customers can pick from a range of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips from 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 range 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 in addition to a few special websites that provide live chat assistance. But in Profit.ly it’s seen as a real-time space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members. Some may be more laid back and not very often active, while another might be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able pick from the merchandise available in its online store for them to take wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as proficient in handling trading matters but the experts already know the way it functions and the plethora of risks that come with it. It is ideal to make use of Profit.ly’s range of features to their best advantage to enhance their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the excitement! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to guide them through the ever-illustrious trading process. How To Unsubscribe From Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for a lot of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow 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 is: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. It wasn’t intended to be created for this reason. Instead, you should have curiosity. How To Unsubscribe From Profitly
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck could discover Profit.ly’s array of resources helpful when they try their best to reduce loss and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ How To Unsubscribe From Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard. It lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed in the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
