Stock trading is a high-stakes game. On some days, you may enjoy the benefits of positive and satisfying numbers. On other days you may experience the opposite and it can be very difficult to get back to where you were your best. If you’re constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve discovered a platform that can support you to improve your performance in the market. This review will be taking a look at Profit.ly, a well-recognized 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 Is Flipgive Worth It
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informed, transparent, accountable, and encouraging one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for traders who are starting out and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries that the site. Think of it as the social media equivalent like Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are authentic and won’t allow for fraud as much as it is possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been previously done.” This idea Sykes said served two objectives: one) keeping track of public data for all traders, not just the gurus as well as students and newsletter writers, and 2) giving anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Is Flipgive Worth It
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared at achieving achievement. It is possible to create an account there for free, but you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will go over shortly.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you have yourself an opportunity to make your way to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at their performance as a trading group as well as its experts. You’re not just allowed to prove value to a group of traders, but you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you can opt to post your trades, verified or otherwise, through pictures. In Profit.ly are a variety of trading classes as well as the ability to look at 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 trading personality who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s shares that trade for less than $5 per share. Penny stock trading can be seen as a stepping stone for small companies to move to a market that is larger as it gives them access to funds from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell thanks to his years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trader. At the age of 25 Sykes was given more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned substantial amounts of money from their collective years of expertise. Is Flipgive Worth It
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the prominent 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 and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to predict the next possible moves in making trades.
A standalone purchase 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; email, text and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. At $149.95 for a month this is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Is Flipgive Worth It
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. Additionally you’ll also have access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s look at what the three levels are and what they will cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you do want to gain an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package allows you to use a majority of features from The Novice package. It is in this plan that you are able to create an account that is private for sharing with fellow associates all your insights 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 caters to those who desire to improve their skills in trading. As nice as it seems however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able to see other traders’ stats, which could be a problem for some who may be anticipating this level. Is Flipgive Worth It
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 each month with 22% off when billed annually This plan offers it all. You will have full, unrestricted access to all the features of the previous plans combined.
You’re not only able to see other users’ stats, but you’re also given the chance to create a private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly offers a number of more services it has to provide. One of those is its online store, which lets users pick from a range of videos that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms as well as some specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a hands-on area where experts and members can interact and learn in real time. Each guru has their 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 active, while another might be more online and communicative in their interactions with students. 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 traders, from beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room advice from the in-house experts and their members. They’ll also be able choose from the items in its online store that they can take with them wherever they go. You can also get hands-on experience trading on the platform, but eventually they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at handling trading matters but the experts already know how it works and the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the excitement! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to navigate them through the ever-changing trading process. Is Flipgive Worth It
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders from all over the world with a wealth of education tools, communication, and trading tools
- You will be taught by experts and insights from its in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users will immediately benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t designed to be used to achieve this goal. Instead, you should have curiosity. Is Flipgive Worth It
What we do mean”yes” is it is a fantastic learning tool. People who are stuck could discover Profit.ly’s variety of resources helpful in their efforts to reduce losses and be more successful than they did before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
If you really desire to be better at trading and wish to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Is Flipgive Worth It
How can you make use of Profit.ly to publish your trades?
Profit.ly has an entry section for trades under the My Trade category on the dashboard which lets you record your trades that are verified or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is the probability that it’s verifiable. This is evident by the small blue check. If you upload the information manually or via pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the chance of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are currently on 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 grow and learn more about acquiring stock market opportunities both right and left.