Stock trading is an exciting game with high stakes. On some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be very difficult to return to where you were your peak. If you find yourself always in the mud, you will have to realize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring occasional losses You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the market. We’ll be taking 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.
Total Rating: 4.1/5 Is Prizegrab Safe
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. Providing users with a wide variety of tools for trade and communication, it helps traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes publication, Sykes declared that Profit.ly was based “on the transparency of all trades, something that has never been previously done.” The concept Sykes said served two goals: 1.) creating public track records for not just the gurus as well as newsletter writers and students and secondly) giving all users to be enlightened by both losses and wins to the benefit of the trading industry. Is Prizegrab Safe
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared toward achievement. You may set up an account at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account, and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its experts. You’re not just allowed to show that you’re worthy to the large group of traders, but you can also use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of sharing the details of your broker account you may opt to post your trades, whether verified or not, by taking pictures. Also included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account as well as other ways to interact with your experts in 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 trading personality who has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock which trades at under $5 for each share. The penny stock market could be viewed as an opportunity for small companies to move to a market that is larger as it allows them to access money from the general 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 thanks to his years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profit through his lengthy career as trading professional. At the age of 25, he had been given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational content geared toward 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 against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit through their years of expertise. Is Prizegrab Safe
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the trading industry. Some of the prominent experts were 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: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
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 an ideal plan for those who are involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under 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 he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Is Prizegrab Safe
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be 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 commentary shown in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition, you’ll also get an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. As you sign up for this package you’ll be offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can do using 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 your trades, sort and filter your trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you do want to gain an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to use the majority of features available in the novice plan. It is in this plan that you are able to create an individual profile that allows you to share with other associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, you will not be able to view the statistics of other traders, which could be a disadvantage for those who are looking forward to this tier. Is Prizegrab Safe
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount for billing annually This plan offers everything. You get full, no-holds-barred access to all the options of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create your own private profile. These two features are on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly offers a number of other services they provide. One of these is its online store, where customers can pick from a range of video products designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. But on Profit.ly it’s seen as a hands-on place where gurus and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and in dealing with the members. Some may be a laid-back person who is rarely engaged, while another could be more interactive and online to their pupils. Think of chatrooms as 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 caters to a large variety of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational information available on the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and members. Additionally, they can select from the products on its store online for them to take wherever they travel. They can also gain hands-on experience trading on the platform, but eventually, they will soon learn that trading is a risky game that should not be viewed as a joke.
For the traders with decades of experience in the road, we consider Profit.ly equally suited for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like novices, they can study from the gurus and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to guide them through the ever-illustrious trading process. Is Prizegrab Safe
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the internal experts, which include collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for most of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them may take advantage by picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the many services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed for this reason. Instead, it is best to keep curiosity. Is Prizegrab Safe
What we mean”yes” is it could be a useful learning tool. Those who may be stuck may find Profit.ly’s range of resources useful as they do their best to avoid losses and be more successful than before. It’s not just the poor traders that can benefit from this 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 mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Is Prizegrab Safe
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the My Trade section of the dashboard that lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as 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 traders and investors, because they are not just seeking to make the most profit but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.