Stock trading is a high-stakes game. Some days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be very difficult to get back to where you were at your most productive. If you find yourself immersed in the water, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your improvement within the field. We’ll take a look at Profit.ly, a well-recognized 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 Profitly After Hours Trading
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informative and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders who are starting out and as a hub for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Providing users with a wide array of options for communication and trade, it helps traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries that the site. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never done before.” The idea Sykes said served two purposes: 1) creating public track records for not just the gurus and newsletter authors and students, and 2) giving everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Profitly After Hours Trading
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed toward success. You can create an account on the site at no cost, however you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its experts. You’re not just allowed to demonstrate your worth to a large group of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the credibility of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you can decide to share your trades, whether verified or otherwise, through screenshots. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a large marketplace as they can access money from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trading professional. At 25 years old Sykes was given greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place 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 most appealing features is the variety of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have proven to make substantial amounts of money through their years of experience. Profitly After Hours Trading
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when trading.
A standalone purchase from 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, as well as 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 that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for investors who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in prior plans, including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Profitly After Hours Trading
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market updates in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. On top of that, you’ll also get the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels, each designed for traders at different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private account, making your actions public. If you do want to get an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to see other traders’ statistics that might be a drawback for some who may be looking forward to this tier. Profitly After Hours Trading
Pro Plan
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, with a 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating your own private profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards 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 designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and scenes from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members. One of them may be laid back and rarely active, while another may be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room tips from its in-house gurus and members. They’ll also be able choose from the items in its online store for them to take wherever they may be. You can also get hands-on experience trading on the platform, however they’ll be able to realize that this is a risky game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as proficient in handling trading matters however, experienced traders know the way it functions and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to enhance their skills in trading. Like novices, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Those in the trading industry who are on an equal level with 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 guide them through the ever-illustrious trading process. Profitly After Hours Trading
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for most of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds because the premium customers are expected to instantly 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 could think of the answer, it would be a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep an open mind. Profitly After Hours Trading
What we are referring to by ‘yes’ is that it can be a great 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 they did before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be a better trader and want to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly After Hours Trading
How do you use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the ‘My Trade section of the dashboard which lets you post your trades that are verified or not. You may choose between three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you submit it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities all over the world.
