Stock trading can be a high-stakes game. Some days, you could enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it can be very difficult to return to the point you were at your peak. If you’re constantly stuck in the gutter it is important be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance within the field. This review will be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 O Golongan Berapa
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informed, transparent, accountable, and encouraging each other through its broad range of features and tools such as trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for traders who are starting out and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources for trade and communication that help traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t tolerate inauthenticity as much as possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” This idea Sykes said served two goals: 1.) making public records for all traders, not just the gurus, but also the newsletter writers and students and secondly) allowing all users to learn from the losses and wins to the benefit of the trading industry. O Golongan Berapa
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You can create an account for free, but you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create an account with your experience and expertise, connect to your brokerage account and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to show value to a group of traders. You are also able to use Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you may choose to publish your trades, either verified or not, via pictures. Also included in Profit.ly are a variety of courses in trading and the capability to see statistics on a person’s profile and other methods to interact with your experts in the chatroom, as well as email and text alerts 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 delving his hands into 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 can be seen as an opportunity for small businesses to transition to a large marketplace as it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as a trader. At 25 years old Sykes was given greater exposure and a larger influence over time when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have made substantial profits through their years of knowledge. O Golongan Berapa
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the prominent 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 this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, as well as email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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From “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. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. O Golongan Berapa
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted toward those who may 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 in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also have an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s take a look at what these three are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign to this plan you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort or filter the trades you make; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in have an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the novice plan. It is in this plan that you can set up an account that is private to share with fellow associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, this one won’t be able view other traders’ stats this might be a drawback for those looking forward to this tier. O Golongan Berapa
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off for annual billing, this tier has it all. It gives you full, unlimited access to all features from the two previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create an individual profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of additional services that it can offer. One of them is the online store, which lets users choose from a wide array of videos created to help you understand the ins and outs of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage of The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a place where gurus and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members. One might be laid back and rarely active, while another may be more active and in touch with their students. Think of the chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety 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 can take advantage of Profit.ly’s library of learning materials available across the platform. They will also get daily videos and chat room tips by its internal gurus and members. They’ll also be able to select from the products from its online store for them to take wherever they may go. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
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 adept at handling trading matters, the pros already understand how it works and the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to develop their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to assist them in the ever-changing trading process. O Golongan Berapa
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 an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and insights from its in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for all
- Profit.ly’s numerous products and packages offered might be too much for a lot of its customers
- If traders decide to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to improve their ratings this could be a concern that should not be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep an open mind. O Golongan Berapa
What we are referring to”yes” is it could be a useful learning tool. People who are stuck may discover Profit.ly’s array of resources helpful as they do their best to avoid losses and be more successful than before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being more successful in trading and would like to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ O Golongan Berapa
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades in the ‘My Trade section of the dashboard which lets you record your trades, either verified or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you upload the information manually or via pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities both right and left.