Stock trading can be a high-stakes game. Some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to get back to the point you were at your peak. If you’re immersed in the water You will need to recognize that relying on your instincts and preserving may not always be enough.
If you’ve experienced occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve identified an online platform that will help you to improve your performance in the market. In this review, we’ll take a look at Profit.ly A well-respected single-stop social platform to trade!
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 Z Plastu
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows 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 chat rooms, trade verification, and an enriched 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 just beginning their journey as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes declared that Profit.ly was based “on the transparency of every trade, something that has never been previously done.” This idea, he added, served two purposes: 1) keeping track of public data for not just the gurus and newsletter authors and students as well as) allowing all users to be enlightened by both losses and wins to benefit the industry of trading. Profily Z Plastu
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared towards achieving achievement. You may set up an account for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users an insight into how the community of traders performs and its gurus. It’s not only a chance to demonstrate your worth to a community of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of sharing your brokerage account, you may decide to share your trades, either verified or not, by taking pictures. Included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account and other methods to communicate with your gurus through the chatroom 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 well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. The penny stock market can be seen as a stepping stone for small businesses to transition into a larger market because it gives them access to funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of expertise. Profily Z Plastu
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices; texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month this is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes alerts for swing trading and access to a library of over 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profily Z Plastu
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. On top of that you’ll also have an access to high-quality research papers as well as an 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 up and running. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed up for this package you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process by itself.
The list of features you can do using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive 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 have the benefit of this service, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows users to benefit from many of the features of The Novice package. This plan allows that you can set up a private profile to share with other associate users all your knowledge and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able view other traders’ statistics that could be a problem for those who are eager to try this new tier. Profily Z Plastu
The Pro plan is the most premium package that Profit.ly offers to experienced traders. At $74.95 per month, with an additional 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create a private profile. These two features are plus the other advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of other services they offer. One of them is the online store, which lets users choose from a wide array of video products that are designed to educate and provide guidance on the nuances and pitfalls 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 like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and footage of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on space where experts and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. One of them may be laid back and rarely active, while another might be more interactive and online to their pupils. Think of chat rooms as 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 cater to a large variety of stock traders, from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room tips from the in-house experts and their members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may be. You can also get hands-on experiences by trading through the platform, however they’ll realize that this is a high-stakes game that shouldn’t be taken as a joke.
For traders who have many years of experience down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with handling trading matters but the experts already know how it works along with the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s range of features to their full advantage to enhance their trading abilities. As beginners, they are able to study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join 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 skills to others as a way to guide them through the ever-illustrious trading process. Profily Z Plastu
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform 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 extra options that can be tailored to their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- If traders decide to make any type of trade, there’s a possibility that some of them could profit from cherry-picking the best trades to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers will immediately benefit from the number of services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created in this way. Instead, you need to have curiosity. Profily Z Plastu
What we do mean”yes” is that it can be a great learning tool. People who are stuck may find Profit.ly’s array of resources useful as they do their best to avoid losses and perform better than they did before. It’s not only the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your mentors and peers throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profily Z Plastu
How do you use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion under the “My Trade’ category of the dashboard. It lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is shown by the small blue check. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of receiving negative feedback from fellow peers. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.