The stock market can be a high-stakes game. On certain days, you may have the benefit of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were your best. If you are immersed in the water You will need to recognize that relying on your instincts and preserving is not always enough.
If you’ve experienced loss from time to time and you’re likely to require 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 found an online platform that will help you in your growth in the industry. This review will be taking an in-depth look at Profit.ly, a well-recognized 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 Profitly Allentheboss123
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed responsible, transparent, and encouraging one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are just beginning their journey and as a hub for experienced traders to track their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade and letting traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of this platform. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never previously done.” This idea, he added, served two goals: 1.) keeping track of public data for not just the gurus, but also the newsletter authors and students and secondly) giving everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Profitly Allentheboss123
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of tools and services that are geared at achieving the success of their business. You can create an account there at no cost, however you’re limited to the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to demonstrate that you’re worthy to the group of traders, but you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking pictures. In Profit.ly are a variety of courses in trading and the capability to see stats in a trader’s profile, and more ways to interact with your experts through the chatroom along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small companies to move to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it can also be an extremely risky activity, 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, made an estimated $6 million profits throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a place for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have made substantial profits from their collective years of experience. Profitly Allentheboss123
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche in the field of trading. Some of the 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 this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to anticipate the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, email, text and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, it is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Allentheboss123
The Superman Alerts package is his offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and 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 and access to an extensive base of knowledge that is provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. Additionally you’ll also gain an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. When you sign up for this package you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what we call a competitive procedure in its own.
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 chatting with your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You can’t create a private profile, which makes your personal information public. If you’re interested in get an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from the novice plan. In this plan, that you can set up a private profile to share with other associate users all your knowledge and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their expertise in trading. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders, which could be a problem for those who are eager to try this new tier. Profitly Allentheboss123
Pro Plan
This is by far the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, which includes an additional 22% discount for billing annually, this tier has it all. You get full, no-holds-barred access to all features from the two prior plans.
You’re not only able to see other users’ stats and data, but you also have the option of creating an individual profile. Both of these features, in addition to the benefits that you can use to the maximum extent. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of additional services that it can offer. One of them is the online store, which allows users to select from a variety of video products that are designed to educate and help you understand the ins and outs of trading. The products listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and scenes taken from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of the chat room as you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One of them may be more laid back and less active, while another might be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of a forum, in 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 experienced professionals. Given the wide range of options it has to offer it is certain to have something for everyone.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room advice by its internal gurus and their members. Additionally, they can choose from the items in its online store that they can take with them wherever they may go. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that this is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with 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 adept at handling trading matters but the experts already know the way it functions and the risky mix that come with it. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to enhance their trading abilities. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Profitly Allentheboss123
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, you should have curiosity. Profitly Allentheboss123
What we are referring to”yes” is it can be a great learning tool. For those who are struggling, they could find Profit.ly’s variety of resources to be helpful in their efforts to incur lesser losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly could be a good option to begin.
FAQ Profitly Allentheboss123
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the “My Trade section of the dashboard that allows you to post your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 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 opportunities on the stock market all over the world.
