Stock trading is an extremely risky game. On some days, you may be reaping the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite and it can be extremely difficult to return to where you were at your peak. If you’re always in the mud it is important to recognize that relying on instinct and survival might not be enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve identified an online platform that will help you in your improvement in the industry. This review will be taking a look at Profit.ly is a well-known 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 Monthly Coupon Code Profitly
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are authentic and won’t accept fake news as long as it is possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that has never been done before.” The idea, he added, served two objectives: one) making public records for all traders, not just the gurus and newsletter writers and students, and 2) making it possible for all users to be enlightened by both losses and wins for the trading industry’s benefit. Monthly Coupon Code Profitly
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of services and features geared at achieving achievement. You can create an account for free, but you’re only given the capability to browse the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into how the community of traders performs and its gurus. It’s not only a chance to show that you’re worthy to the large group of traders, as you can also use Profit.ly to purchase with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, then you could choose to publish your trades, verified or not, by taking screenshots. Included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a large marketplace as they can access capital from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes can surely tell through his many years of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as trading professional. At the age of 25 Sykes was given more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have proven to make substantial profits from their collective years of knowledge. Monthly Coupon Code Profitly
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field 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 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 look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices; email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos and new videos released every 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 small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Monthly Coupon Code Profitly
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that, you’ll also get access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your personal information public. If you’re interested in have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
The 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 other associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ stats, which might be a drawback for those who are eager to try this new tier. Monthly Coupon Code Profitly
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 monthly, which includes a 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the options of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating your own private profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of other services they offer. One of these is its online store, which lets users pick from a range of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly 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 find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on area where experts and members can interact and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One of them may be more laid back and less active, while another may be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus and their members. Additionally, they can select from the products from its online store that they can take with them wherever they travel. You can also get hands-on experiences from trading within the platform, however, they will soon learn that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with managing trading, the pros already understand how it works and the stack full of risks that it carries. Ideally, they may make use of Profit.ly’s range of features to their best advantage to develop their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to navigate them through the ever-changing trading process. Monthly Coupon Code Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll be taught by experts and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There is truly something for every person
- Profit.ly’s abundance of products and packages offered might seem overwhelming for most of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them could profit from selecting the best trades in order to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of the answer, it would be yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you need to have an open mind. Monthly Coupon Code Profitly
What we do mean”yes” is it is a fantastic learning tool. People who are stuck could be able to find Profit.ly’s array of resources to be helpful in their efforts to reduce losses and perform better than before. It’s not just the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly may be a great option to begin.
FAQ Monthly Coupon Code Profitly
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries under the ‘My Trade category on the dashboard which allows you to post your trades that are verified or otherwise. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you buy 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 submit it manually or through screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may 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?
At the time of writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.