The stock market can be an extremely risky game. On some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it could be extremely difficult to return to where you were your most productive. If you are constantly stuck in the gutter You will need to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered an option that can help you in your growth within the field. In this review, 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 Is Pingcastle Safe
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 allows traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
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 and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast array of options for communication and trade, it helps traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are valid and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept, he added, served two purposes: 1) keeping track of public data for not just the gurus as well as students and newsletter writers and secondly) making it possible for all users to gain insight into the losses and wins to benefit the industry of trading. Is Pingcastle Safe
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving success. You may set up an account there for free, but you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and skills, join to your brokerage account, and you’ll be given a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community and its gurus. It’s not just a way to show your worth to a large group of traders. You are also able to use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could opt to post your trades, either verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account, and more ways to interact with your experts through the chatroom as well as text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia, a 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-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 make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a platform for openness, 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 most appealing 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 trading experts who have made significant amounts of profit from their collective years of expertise. Is Pingcastle Safe
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app available to 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 most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is a great option for investors who are committed to penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Is Pingcastle Safe
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile application, daily market commentary 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 an extensive base of knowledge provided by Superman himself through the Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also gain the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially 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 indispensable trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone, there is a downside. You can’t create a private profile, which makes your actions public. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you won’t be able to see other traders’ statistics, which could be a problem for some who may be anticipating this level. Is Pingcastle Safe
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month which includes 22% off when billed annually the Pro plan has everything. You will have full, unrestricted access to all features from the two prior plans.
You’re not only able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of videos created to provide guidance on the ins and outs of trading. The products listed in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are included in Profit.ly’s array of features and services. You may be familiar with the concept of the chat room since you can see it across 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 hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. Some may be more laid back and rarely active, while another might be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and members. They’ll also be able pick from the merchandise available in its online store that they can take with them wherever they may travel. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to develop their skills in trading. Like novices, they can learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Is Pingcastle Safe
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its core capabilities, 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 reasonable prices There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its customers
- If traders decide to make any type of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly Worth It?
If we could come up with the answer, it would be a ‘yes’. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created in this way. Instead, it is best to keep an open mind. Is Pingcastle Safe
What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they might be able to find Profit.ly’s variety of resources to be helpful in their efforts to incur lesser losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be more successful in trading and would like to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Is Pingcastle Safe
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries within the My Trade section of the dashboard. It allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is the chance that it is verifiable. This is evident by the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.