Stock trading can be an exciting game with high stakes. On some days, you could enjoy the benefits of pleasing and positive 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 most productive. If you find yourself always in the mud You will need be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you in your growth within the field. This review will take the time to 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 Na Sadrokarton
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, transparent, accountable, and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders who are starting out and as a hub for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as is humanly possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on the transparency of every trade, something that has never been prior to.” This idea Sykes said served two objectives: one) making public records for everyone, not just the experts and newsletter writers and students and secondly) allowing all users to gain insight into both losses and wins to the benefit of the trading industry. Profily Na Sadrokarton
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed towards achieving achievement. You can create an account there for free, but you’re only limited to having the capability to browse the leaderboard and observe the actions 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 it is necessary to join one of Profit.ly’s offers, which we will go over shortly.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have 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 glimpse of their performance as a trading group and its gurus. It’s not only a chance to prove that you’re worthy to the community of traders. You can also use Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the veracity of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, you can decide to share your trades, whether verified or otherwise, through photographs. In Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile, and more ways to connect with your gurus via chatrooms along with 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 his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The trading of penny stocks can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as it allows them to access money from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger 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 and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for openness, 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 most appealing features is the variety of education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make substantial profits through their years of knowledge. Profily Na Sadrokarton
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on the platform: Founder and 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 packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, it is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in earlier plans which includes alerts for swing trading and access to a rich library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Profily Na Sadrokarton
The Superman Alerts plan is an offer of the most essential 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 as well as the mobile application, daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels, each designed for traders of different levels. Let’s break down what these three tiers are and how much they will 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 trading world. As you sign to this plan, you will be immediately offered a range of strong and essential trading tools, all of which is essential to keep your fingers on what we call a competitive process in and of itself.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study the results of your analysis, 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 might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your activities publicly available. If you do want to have an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their skills in trading. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able view other traders’ statistics, which could be a disadvantage for those anticipating this level. Profily Na Sadrokarton
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 per month, and a 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all the features from the two previous plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the option of creating your own private profile. Both of these options, plus the other advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you everything you need as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few more services it has to provide. One of those is its online store, which lets users select from a variety of video products created to help you understand the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You are probably familiar with the chat room as you will see it on social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a place where gurus and their members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the members there. One of them may be a laid-back person who is rarely engaged, while another could be more active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, from novices to the most experienced. Considering the number of offers it has to offer, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room tips from the in-house experts as well as their members. Additionally, they can select from the products on its store online to carry with them wherever they may be. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll realize that the process is a high-stakes game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly as equally as suitable to the newcomers. While novice traders may not be as proficient in dealing with trading issues, the pros already understand how it works along with the stack full of risks that come with it. It is ideal to use Profit.ly’s variety of features to their best advantage to enhance their trading abilities. Like novices, they can learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Profily Na Sadrokarton
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and tips from the in-house gurus, including libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout 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 the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its customers
- Since traders can choose to make any type of trade, there’s an opportunity that some them will profit by selecting the best trades in order to improve their ratings This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users will immediately take advantage of the numerous services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed in this way. Instead, you should have curiosity. Profily Na Sadrokarton
What we are referring to”yes” is it could be a useful learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful as they do their best to incur lesser losses and perform better than before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being more successful in trading and would like to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profily Na Sadrokarton
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries in the ‘My Trade section of the dashboard which lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
