Stock trading can be a high-stakes game. On some days, you could have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse and it could be very difficult to return to the point you were at your best. If you are immersed in the water, you will have to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an option that can help you in your growth in the industry. This review will take 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Lay Your Burdens Down Lyrics Tim Be Told
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide variety of tools and features like trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people who are starting out as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines that the site. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are authentic and won’t accept fake news as long as it is possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes declared that Profit.ly was based “on the transparency of every trade, something that was never previously done.” This idea, he added, served two purposes: 1) keeping track of public data for not just the gurus as well as newsletter authors and students and secondly) allowing everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Lay Your Burdens Down Lyrics Tim Be Told
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared at achieving success. It is possible to create an account for free, but you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals that we’ll discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to demonstrate value to a large group of traders, as you are also able to use Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the veracity of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, you may opt to post your trades, either verified or not, via photographs. In Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. Penny stock trading can be seen as a stepping stone for small companies to move to a large marketplace as they can access capital from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given more exposure and a wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have made substantial amounts of money from their combined years of knowledge. Lay Your Burdens Down Lyrics Tim Be Told
At its height, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast 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 available on iOS as well as Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is an ideal plan for those who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans including alerts for swing trading and access to a rich collection of more than 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Lay Your Burdens Down Lyrics Tim Be Told
The Superman Alerts plan is his offering of essential features and alerts on trading geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile application, daily market updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition you’ll also have access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. As you sign to this plan you’ll be offered a range of strong and vital trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits; leading, following, and even messaging other traders; and providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone, there is a downside. You can’t create a private profile, thus making your actions public. If you do want to have access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. It is 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 information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their skills in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able view other traders’ stats this could be a problem for those anticipating this level. Lay Your Burdens Down Lyrics Tim Be Told
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. At $74.95 each month and an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all the features of the prior plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly offers a number of other services they provide. One of them is the online store, which lets users choose from a wide array 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. Some of these include bestsellers like the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other aspects of trading. There are also clips and footage of events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You may be familiar with chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One might be more laid back and less active, while another may be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items from its online store to carry with them wherever they may be. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we believe Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as adept at handling trading matters but the experts already know how it works along with the stack full of risks associated with it. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to develop their trading skills. Like novices, they can learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Lay Your Burdens Down Lyrics Tim Be Told
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s abundance of packages and services offered could not be enough for the majority of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Verdict: Is Profit.ly Worth It?
If we could think of the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep the ability to think with an open heart. Lay Your Burdens Down Lyrics Tim Be Told
What we mean”yes” is that it could be a useful learning tool. For those who are struggling, they might be able to find Profit.ly’s variety of resources useful as they do their best to avoid losses and be more successful than before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Lay Your Burdens Down Lyrics Tim Be Told
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the ‘My Trade category on the dashboard. It lets you post your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market both right and left.