The stock market can be an extremely risky game. On certain days, you could have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it could be very difficult to get back to the point you were at your most productive. If you find yourself constantly stuck in the gutter, you will have to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need 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 within the field. In this review, we’ll take a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profily Etap Tour De France 2021
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informative responsible, transparent, and encouraging each other through its broad variety of tools and features including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those who are just beginning their journey and also as a platform for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade and letting traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as the social media equivalent to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been previously done.” The concept, he added, served two goals: 1.) making public records 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 the losses and wins for the trading industry’s benefit. Profily Etap Tour De France 2021
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared toward success. You can create an account there at no cost, however you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is easy: create a profile with your experiences and skills, join your brokerage account, and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at how the community of traders performs and its experts. It’s not only a chance to demonstrate that you’re worthy to the group of traders. You are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you can opt to post your trades, verified or otherwise, through pictures. In Profit.ly are a variety of courses in trading and the capability to see the stats of a trader’s account and other methods to connect with your gurus 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 trader who is well-known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small companies to move to a market that is larger as they can access money from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as a trader. When he was 25 years old Sykes was given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned significant amounts of profit through their years of experience. Profily Etap Tour De France 2021
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche within the world of trading. 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: the 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 the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS and Android devices, texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 per month, it is a great option for those who are more involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profily Etap Tour De France 2021
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile application, daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. As you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat procedure in its own.
Some of the features you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study, sort, and filter your trades and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use the majority of features available in The Novice package. This plan allows that you can set up a private profile for sharing 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 does what the name suggests: Cater to those who desire to harness their expertise in trading. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ stats this might be a drawback for those looking forward to this tier. Profily Etap Tour De France 2021
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off when billed annually the Pro plan has everything. You will have full, unrestricted access to all the options of the previous plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating an individual profile. Both of these features, in addition to the benefits that you can use to the maximum extent. If you’re looking for 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 tools for training and leaderboards, Profit.ly offers a number of additional services that it can offer. One of those is its online store, where customers can pick from a range of videos that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips of 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 features and services. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms, as well as some specialty websites that provide live chat support. But on Profit.ly, it is seen as a hands-on place where gurus and their members trade and learn 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 not very often engaged, while another could be more online and communicative in their interactions with students. Think of the chat rooms as Profit.ly’s version of a forum, in its 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 novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the line, we see Profit.ly equally suited to people who are just beginning. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the risky mix that come with it. Ideally, they may utilize Profit.ly’s range of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the top experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Profily Etap Tour De France 2021
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You will receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for most of its users
- As traders may opt to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a concern that should not be overlooked.
- Profit.ly does not accept refunds as its premium users are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, you need to have curiosity. Profily Etap Tour De France 2021
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck could find Profit.ly’s range of resources useful as they do their best to avoid losses and be more successful than they did before. Not only struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
If you really care about being a better trader and want to learn from your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profily Etap Tour De France 2021
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the My Trade category on the dashboard that lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is shown by the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.