Stock trading is an exciting game with high stakes. On some days, you may enjoy the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to where you were your best. If you are immersed in the water You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance in the industry. We’ll take a look at Profit.ly is a well-known one-stop 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.
Overall Rating: 4.1/5 Profily Etap
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 allows traders of different levels to be informed responsible, transparent, and encouraging one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those new to trading and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Imagine it as the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was based “on showing all trades, something that was never done before.” The idea Sykes said served two purposes: 1) keeping track of public data for not just the gurus, but also the newsletter authors and students and secondly) giving anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Profily Etap
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed toward achievement. It is possible to create an account at no cost, however you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
Making an account easy: create a profile with your experiences and expertise, connect your brokerage account, and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove your worth to a large group of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you can opt to post your trades, verified or not, via pictures. Also included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account as well as other ways to interact with your experts in the chatroom, as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as a stepping stone for small businesses to 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 thanks to his years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trader. At the age of 25 Tim Sykes had received greater exposure and an even wider impact when he was a part of the reality TV show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a platform for openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial amounts of money through their years of experience. Profily Etap
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices, email, text, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is the perfect plan for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features of prior plans, such as swing trading alerts and unlimited access to a library of more than 7,000 instructional videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both 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 trading profits. Profily Etap
The Superman Alerts plan is an package of vital 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 premarket stock watchlist and the mobile application, daily market commentary in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself via the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that cater to traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this package you’ll be given a slew of robust and vital trading tools, all of which is essential to keep your fingers on what we call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use many of the features of the novice plan. This plan allows that you are able to create a private profile to share with other associate users all the insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to harness their skills in trading. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics, which might be a drawback for those anticipating this level. Profily Etap
Pro Plan
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, and a 22% discount for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the features from the two previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the chance to create a private profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, which allows users to choose from a wide array of video products created to provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You are probably familiar with chat rooms since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a place where gurus and their member traders can communicate and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. One might be more laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room advice from the in-house experts and members. They’ll also be able to pick from the merchandise available on its store online that they can take with them wherever they may be. They can also gain hands-on experiences from trading within the platform, but eventually, they will soon learn that this is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly equally suited to them as the newcomers. While the newbies may not be as proficient in managing trading however, experienced traders know how it works and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s range of features to their best advantage to develop their trading skills. Like beginners, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the excitement! Trade professionals who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Profily Etap
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as the premium customers are expected to immediately benefit from the many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, it is best to keep curiosity. Profily Etap
What we mean”yes” is it can be a great learning tool. For those who are struggling, they may find Profit.ly’s variety of resources to be helpful as they do their best to avoid losses and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely want to become a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Profily Etap
How can you make use of Profit.ly to publish your trades?
Profit.ly has an entry section for trades in the “My Trade section of the dashboard. It 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
- Take a photo of your trades
How can I tell whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is evident by the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as 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 is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities on the stock market left and right.
