Nikkorico Profitly

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The stock market can be an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to return to the point you were at your best. If you are immersed in the water, you will have to recognize that relying on pure instinct and preservation is not always enough.

If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve identified a platform that can support you in your improvement in the industry. We’ll be taking the time to look at Profit.ly is a well-known one-stop social platform for trading!

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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 Nikkorico Profitly

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

User Experience: 4.5/5

Summary

Profit.ly offers an internet-based trading service that permits traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide range of features and tools including trade verification, chat rooms, and an enriched library of educational material.

What exactly is Profit.ly?

Profit.ly is a trading site that functions as a learning and training platform for people who are just beginning their journey as well as a place for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.

Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.

One time , during an interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” This idea Sykes said served two purposes: 1) creating public track records for everyone, not just the experts as well as students and newsletter writers and secondly) allowing all users to be enlightened by both losses and wins to benefit the industry of trading. Nikkorico Profitly

How Does It How Does It

Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of services and features geared toward success. It is possible to create an account on the site for free, but you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll review in the coming days.

Setting up an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into the performance of the trading community and its experts. It’s not just a way to show value to a large group of traders. 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 are unsure about the concept of leaking the details of your broker account then you could choose to publish your trades, whether verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile as well as other ways to interact with your experts via chatrooms as well as text and e-mail alerts and updates.

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 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 be mistaken – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.

From his beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as a trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency and to allow the community to rise and compete through the platform.

The Profit.ly Gurus

One of Profit.ly’s sweet inclusions is the wide range of educational resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have earned substantial amounts of money from their combined years of expertise. Nikkorico Profitly

At its peak, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru offers.

From Tim Sykes Tim Sykes: Tim’s Alerts

Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $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 trading.

A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS and Android devices; text, e-mail and push alerts and a daily stock watchlist.

from Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. At $149.95 for a month this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated each week.

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From “Superman” Paul Scolardi: Superman Alerts

Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Nikkorico Profitly

The Superman Alerts package is his offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.

From “Superman” Paul Scolardi: Superman Pro

At $247/month, you get additional features, plus access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. In addition you’ll also have an access to high-quality research papers and an IPO as well as earnings tracking tool.

Profit.ly Programs and Costs

If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership levels, each designed for traders of different levels. Let’s break down what these three tiers are and how much they will cost you.

Novice Plan

The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.

The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view other’s stats.

The Novice plan costs $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your actions public. If you’re interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.

The Trader Plan

The Trader package lets you to take advantage of the majority of features available in the Novice plan. In this plan, that you can create an account that is private to share with other associates all your insights and information you have gained from trader’s community.

Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their expertise in trading. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ statistics this could be a problem for those who are looking forward to this tier. Nikkorico Profitly

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 an additional 22% discount when billed annually This plan offers everything. You get full, no-holds-barred access to all the features of the previous plans combined.

Not only do you get to view other people’s stats as well, you’re also offered the opportunity to create an individual profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro tier could be for you!

Profit.ly’s Other Services

Apart from the provided training tools and the leaderboards, Profit.ly provides a variety of other services they provide. One of these is its online store, where customers can pick from a range of video products that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.

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The integrated chat rooms are included in Profit.ly’s range of services and features. You may be familiar with chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members. One of them may be laid back and rarely active, while another may be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of the forum in the essence.

Who is the ideal Trader for Profit.ly?

Profit.ly’s variety of offerings and features caters to a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer, the platform surely has something for every person.

Beginners, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. They will also be provided with videos every week and chat room tips from its in-house gurus and members. They’ll also be able choose from the items in its online store for them to take wherever they may travel. You can also get hands-on experience trading on the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be treated as a joke.

For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as adept at managing trading, the pros already understand how it works along with the risky mix associated with it. It is ideal to use Profit.ly’s range of features to their best advantage to enhance their trading abilities. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints throughout the process.

Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Nikkorico Profitly

Profit.ly’s Pros and Cons

The Pros

  • Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
  • You will be taught by experts and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
  • You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you out whenever something happens
  • The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
  • Apart from its core features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through screenshots
  • Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for all

The Cons

  • Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for most of its users
  • Since traders can choose to post any kind of trade, there is a possibility that some of them will profit by picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be ignored.
  • Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous features the platform is able to offer

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The Final Concluding Question: Is Profit.ly worth it?

If we could think of the answer, it’s a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Nikkorico Profitly

What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they may find Profit.ly’s array of resources useful as they do their best to avoid losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!

If you truly care about being a better trader and want to learn from your fellows and gurus on the way, look no further – Profit.ly could be a good choice to start.

FAQ Nikkorico Profitly

How can you make use of Profit.ly to publish your trades?

Profit.ly offers an entry section for trades within the My Trade section of the dashboard which lets you post your trades that are verified or not. You may choose between three choices:

  1. Linking your account with your brokerage of choice and then importing the trades from that directly
  2. Manually entering your trades using specified spaces and information.
  3. Upload a screenshot of your trades

What can I do to determine whether the trade is authentic or not?

If you purchase your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is evident by the blue check mark. If you submit the information manually or via images, it will be assigned as unverified.

The disadvantage of an unverified trade is the chance of receiving downvotes from fellow peers. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.

Is the Profit.ly mobile app still in use?

As of the moment, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile app version works with all working smartphones and tablets.

How many people are currently on Profit.ly?

Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market both right and left.

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