The stock market can be an exciting game with high stakes. On some days, you could have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you find yourself always in the mud it is important to realize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the world, which is why we’ve found an online platform that will help you in your growth within the field. We’ll be taking the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Is Let It Die Pay To Win
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informative, transparent, accountable, and uplifting with one another through its wide variety 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 that functions as a learning and education platform for traders new to trading and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. Offering users a broad variety of tools for communication and trade that help traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t allow for fraud as much as it is possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea Sykes said served two goals: 1.) making public records for everyone, not just the experts and newsletter writers and students as well as) making it possible for everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Is Let It Die Pay To Win
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed toward success. It is possible to create an account on the site at no cost, however you’re limited to the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of their performance as a trading group as well as its gurus. It’s not only a chance to show your worth to a group of traders, but you are also able to use Profit.ly to buy from a guru with the confidence that you are confident with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, then you could opt to post your trades, whether verified or not, via pictures. Also included in Profit.ly is the huge selection of courses in trading, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition into a larger market because it allows them to access capital from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” He used the opportunity to establish trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also played a role in establishing Profit.ly as a place for transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial profits through their years of experience. Is Let It Die Pay To Win
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field within the world of trading. Some of the most prominent 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 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 we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS and Android devices; texts, emails and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, it is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Is Let It Die Pay To Win
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket as well as the mobile app, daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also gain access to premium research reports as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign up for this package, you will be immediately 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.
The list of features you can do using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re interested in gain access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader plan allows you to take advantage of many of the features of the Novice plan. This plan allows that you can create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to improve their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able view the statistics of other traders that could be a disadvantage for those eager to try this new tier. Is Let It Die Pay To Win
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. With $74.95 monthly, and an additional 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the chance to create a private profile. These two features are 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 all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few other services they provide. One of those is its online store, which allows users to choose from a wide array of videos that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and scenes from events like 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 variety of features and services. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a real-time place where gurus and their members can interact and learn in real time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be a laid-back person who is rarely active, while another may be more online and communicative in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. With the variety of deals it offers, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s knowledge-based materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts as well as their members. Additionally, they can choose from the items from its online store for them to take wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly equally suited to people who are just beginning. While novice traders may not be as well-equipped with handling trading matters but the experts already know the way it functions and the stack full of risks that come with it. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to develop their skills in trading. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals 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 expertise to other traders as a way to navigate them through the ever-changing trading process. Is Let It Die Pay To Win
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You will be taught by experts and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There is truly something for all
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the number of services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used for this reason. Instead, you should have an open mind. Is Let It Die Pay To Win
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck could find Profit.ly’s variety of resources useful when they try their best to incur lesser losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be a better trader and want to be taught by your fellows and gurus along the way, then look no further – Profit.ly may be a great alternative to start.
FAQ Is Let It Die Pay To Win
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries in the ‘My Trade’ category of the dashboard. It lets you record your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the small blue check. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring stock market opportunities both right and left.