Stock trading can be an extremely risky game. On some days, you may enjoy the benefits of pleasing and positive numbers. On other days you may experience the opposite and it could be very difficult to return to where you were at your peak. If you find yourself immersed in the water, you will have to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve found an online platform that will help you to improve your performance in the market. This review will be taking the time to look at Profit.ly is a well-known all-in-one 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profily Discount Code
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features including trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for people who are just beginning their journey as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide range of resources to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never previously done.” The concept was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers, and 2) making it possible for anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Profily Discount Code
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared at achieving achievement. You may set up an account there at no cost, however you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll go over shortly.
Setting up an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at the performance of the trading community and its gurus. It’s not just a way to prove your worth to a community of traders. You are also able to use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the credibility of their assertions.
If you are unsure about the concept of leaking your brokerage account, you can opt to post your trades, verified or not, by taking pictures. In Profit.ly are a variety of courses in trading and the capability to see stats in a trader’s profile and other methods 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 Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks is a stepping stone for small companies to move into a larger market because they can access money from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trading professional. 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 took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have earned substantial profits through their years of experience. Profily Discount Code
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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 take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to 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 premium version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, it is an ideal plan for investors who are involved in penny stock trading. Pennystocking Silver offers all the essential features of the previous plan, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profily Discount Code
The Superman Alerts package is his offering of essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market commentary in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also have an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
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. Once you have signed up for this package you’ll be provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, which makes your personal information public. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the Novice plan. In this plan, that you can create a private profile to share with fellow associates all your insights and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their trading skills. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, you will not be able view the statistics of other traders, which could be a disadvantage for those who are anticipating this level. Profily Discount Code
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month with an additional 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all the features of the previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have 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 a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly offers a number of more services it has to provide. 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. The products listed on this page of the site can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and footage of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You may be familiar with chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly it’s seen as a real-time place where gurus and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be a laid-back person who is less active, while another might be more online and communicative to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from novices to the most experienced. Given the wide range of options it has to offer, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room tips by its internal gurus and their members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they travel. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that trading is a high-stakes game that should not be viewed as a joke.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable to the newcomers. Although the novices might not be as proficient in handling trading matters however, experienced traders know how it works and the plethora of risks that it carries. It is ideal to use Profit.ly’s array of features to their best advantage to develop their skills in trading. As beginners, they are able to study from the gurus and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profily Discount Code
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an answer to this question, it would be yes. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Profily Discount Code
What we are referring to”yes” is it can be a great learning tool. People who are stuck could be able to find Profit.ly’s range of resources helpful in their efforts to reduce losses and perform better than before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become a better trader and want to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profily Discount Code
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the ‘My Trade’ category of the dashboard. It lets you record your trades that are verified or not. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of getting downvotes from your fellow peers. 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.
Is the Profit.ly mobile app still in use?
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 currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities both right and left.