Stock trading can be an extremely risky game. On certain days, you may have the benefit of positive and satisfying numbers. On other days it could be the reverse and it can be extremely difficult to return to where you were your best. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time and you’re likely to require solid advice from seasoned and tested 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 in your improvement in the industry. This review will take the time to look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profily Na Bazen
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features like trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for people new to trading and as a hub for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade and letting traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it a social media site akin to Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that has never been done before.” This idea, he added, served two goals: 1.) creating public track records for all traders, not just the gurus, but also the students and newsletter writers, and 2) giving all users to be enlightened by both the wins and losses to the benefit of the trading industry. Profily Na Bazen
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. It is possible to create an account for free, but you’re limited to the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to demonstrate value to a community of traders. You can also utilize Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, whether verified or not, by taking photographs. In Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to interact with your experts via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small businesses to transition to a market that is larger as they can access capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as a trader. At 25 years old Sykes was given greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the experts in trading who have earned substantial amounts of money through their years of expertise. Profily Na Bazen
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on this platform: Founder of the penny stock market 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 has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers 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 predict the next move that is possible when trading.
A standalone purchase of 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.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, it is a great option for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Profily Na Bazen
The Superman Alerts plan is his offering of essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. Additionally, you’ll also get an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed 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 which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can do using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even texting your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards; analyze, sort, as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you’re looking to have the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to harness their skills in trading. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics that could be a disadvantage for those who are looking forward to this tier. Profily Na Bazen
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 each month which includes an additional 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the opportunity to create an individual profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you everything you need as 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 offers a number of more services it has to provide. One of those is its online store, which allows users to choose from a wide array of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. One of them may be more laid back and less engaged, while another could be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they may travel. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as proficient in managing trading however, experienced traders know the way it functions and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to improve their trading skills. Like novices, they can learn from the experts 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 and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Profily Na Bazen
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them could profit from picking the most profitable trades to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the many services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Profily Na Bazen
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s array of resources useful in their efforts to avoid losses and be more successful than before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you truly care about being more successful in trading and would like to be taught by your peers and experts throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profily Na Bazen
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the “My Trade category on the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version works with all operating tablets and smartphones.
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 looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market all over the world.