Stock trading can be an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were at your peak. If you are immersed in the water, you will have be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement within the field. This review will be taking an in-depth look at Profit.ly, a well-recognized all-in-one 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.
Total Rating: 4.1/5 Profitly Against Humanity
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people who are starting out and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of this platform. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t allow for fraud as much as is humanly possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been previously done.” The idea was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus, but also the students and newsletter writers as well as) allowing everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Profitly Against Humanity
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of features and services aimed at achieving success. It is possible to create an account there for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals, which we will discuss in the near future.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to prove that you’re worthy to the large group of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you may opt to post your trades, either verified or otherwise, through screenshots. In Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile as well as other ways to interact with your experts via chatrooms 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 trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at under $5 for each share. The penny stock market is an avenue for small-scale businesses to make the transition to a large marketplace as they can access funds from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. When he was 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. 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 vast array of educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have earned significant amounts of profit through their years of expertise. Profitly Against Humanity
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the most prominent gurus 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: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS and Android devices; text, e-mail 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 version, with an upgraded version of Tim’s Alerts program. It costs $149.95 per month, this is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, which includes swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Against Humanity
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet 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 that cater to traders with different levels. Let’s break down what these three are and how much they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially 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 of which is essential to keep your fingers on what we could call a ruthless process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive for the price alone, there is a downside. You can’t create a private profile, which makes your actions public. If you’re looking to gain an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader package allows you to take advantage of the majority of features available in the novice plan. This plan allows that you can create an account that is private to share with other associate users all your knowledge and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to develop their trading skills. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics this might be a drawback for those looking forward to this tier. Profitly Against Humanity
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and a 22% discount when billed annually the Pro plan has everything. You will have full, unrestricted access to all the features of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of more services it has to offer. One of these is its online store, which allows users to select from a variety of instructional videos that are created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and clips from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You are probably familiar with the concept of chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that offer live chat support. However, in Profit.ly, it is seen as a real-time place where gurus and their members can interact and learn in real time. Every guru has their own way in running their chat rooms and dealing with the listed members there. Some may be laid back and less active, while another may be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in its 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 novices to the most experienced. Considering the number of offers it has to offer, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus as well as their members. They’ll also be able select from the products on its store online to carry with them wherever they be. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For the traders with many years of experience down the line, we see Profit.ly equally suited to the newcomers. While novice traders may not be as well-equipped with managing trading however, experienced traders know how it works along with the risky mix that come with it. Ideally, they may make use of Profit.ly’s variety of options to their maximum advantage to develop their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Profitly Against Humanity
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for all
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, you need to have an open mind. Profitly Against Humanity
What we mean”yes” is that it can be a great learning tool. People who are stuck may discover Profit.ly’s range of resources useful in their efforts to incur lesser losses and perform better than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really care about being more successful in trading and would like to be taught by your mentors and peers on the way, look no further – Profit.ly could be a good choice to start.
FAQ Profitly Against Humanity
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the “My Trade section of the dashboard. It lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently on 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 learn and improve in acquiring stock market opportunities all over the world.