Stock trading is an extremely risky game. On certain days, you might be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to return to the point you were at your best. If you’re immersed in the water it is important to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe. That’s why we’ve found an online platform that will help you in your improvement in the industry. We’ll take an in-depth look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Alongside Windows 10
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 all levels to be informative and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines that the site. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” The idea, he added, served two goals: 1.) making public records for all traders, not just the gurus and students and newsletter writers as well as) allowing anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Profitly Alongside Windows 10
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of services and features geared toward success. You may set up an account there for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities 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 subscribe to any of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at how the community of traders performs as well as its experts. You’re not just allowed to prove your worth to a group of traders, as you can also use Profit.ly to purchase with a professional with the confidence that you are confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you can opt to post your trades, either verified or not, by taking screenshots. Included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account, and more ways to connect with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell because of his decades of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trader. When he was 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place for transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have earned substantial amounts of money from their combined years of experience. Profitly Alongside Windows 10
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS as well as Android devices; text, e-mail, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, this is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Alongside Windows 10
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. In addition, you’ll also get an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can do with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, as well as filter trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the Novice plan. It is in this plan that you can set up a private profile for sharing with fellow associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their skills in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to view other traders’ statistics, which might be a drawback for those who are looking forward to this tier. Profitly Alongside Windows 10
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. With $74.95 each month and 22% off for annual billing This plan offers it all. You will have full, unrestricted access to all features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the option of creating an individual profile. Both of these options, in addition to the advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, which allows users to choose from a wide array of videos designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips of 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 array of features and services. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly it’s seen as a space where experts and their members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. Some may be a laid-back person who is rarely engaged, while another could be more interactive and online with their students. Consider chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room tips by its internal gurus as well as their members. They’ll also be able select from the products in its online store that they can take with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll realize that this is a high-stakes game that shouldn’t be taken as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as adept at dealing with trading issues but the experts already know how it works along with the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s array of features to their best advantage to enhance their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Profitly Alongside Windows 10
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- Since traders can choose to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers are expected to instantly 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 were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Profitly Alongside Windows 10
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s range of resources to be helpful in their efforts to avoid losses and perform better than they did before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really want to become more successful in trading and would like to learn from your fellows and gurus along the way, then look no further – Profit.ly is a fantastic choice to start.
FAQ Profitly Alongside Windows 10
What are the best ways to use 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 post your trades, verifiable or not. You may choose between three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- 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 trusted brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just trying to maximize profits but also help each other grow and learn more about acquiring stock market opportunities left and right.