Stock trading can be a high-stakes game. On some days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to return to where you were at your peak. If you’re immersed in the water, you will have to realize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the world, which is why we’ve discovered an online platform that will help you in your improvement within the field. We’ll take the time to 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 Besides Water
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 allows traders of all levels to be informed, transparent, accountable, and encouraging each other by offering a wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders new to trading and as a hub for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication that help traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Consider it an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing all trades, something that has never been done before.” This idea was, he said, serving two objectives: one) making public records for everyone, not just the experts as well as newsletter writers and students as well as) giving all users to learn from both losses and wins to the benefit of the trading industry. Profitly Besides Water
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of tools and services that are geared toward achievement. You may set up an account at no cost, however you’re only given the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money to see 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.
Setting up an account is simple: Create an account with your experience and skills, join your brokerage account, and you have yourself the chance to climb your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its gurus. It’s not only a chance to prove that you’re worthy to the group of traders, but you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you can choose to publish your trades, either verified or not, via pictures. Included in Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms as well as 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 guru who has been famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. When he was 25 years old, he had been given greater exposure and a larger influence over time when he was a part of the reality series “Wall Street Warriors.” He made use of the show to establish 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 establish Profit.ly as a place of 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 sweet inclusions is the vast array of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit from their combined years of expertise. Profitly Besides Water
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on this 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 we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices; texts, emails 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, this is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver offers all the essential features of the previous plan, which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known 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. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Profitly Besides Water
The Superman Alerts package is his package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally, you’ll also get access to premium research reports and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. As you sign up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even chatting with other traders; and providing feedback on trades today. You’re also allowed to 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 month. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re looking to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the Novice plan. This plan allows that you are able to create a private profile for sharing with fellow associate users all the insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their expertise in trading. Although it’s a nice thing, there is one significant feature that is missing. Unlike the previous Novice package, you will not be able view the statistics of other traders, which could be a problem for those who are looking forward to this tier. Profitly Besides Water
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, which includes an additional 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features of the previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, where customers can pick from a range of videos created to guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You may be familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that provide live chat support. But in Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the members there. One might be more laid back and less engaged, while another could be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and members. They’ll also be able pick from the merchandise available from its online store that they can take with them wherever they may go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the line, we see Profit.ly as equally as suitable to them as people who are just beginning. While the newbies may not be as proficient in dealing with trading issues but the experts already know the way it functions and the stack full of risks that come with it. It is ideal to use Profit.ly’s range of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
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! People in the trade industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help navigate them through the ever-changing trading process. Profitly Besides Water
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for most of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow 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 Valued?
If we could come up with an answer to this question, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, you need to have an open mind. Profitly Besides Water
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may find Profit.ly’s range of resources to be helpful as they do their best to incur lesser loss and perform better than before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
If you really want to become better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ Profitly Besides Water
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the My Trade category on the dashboard which allows you to post your trades that are verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is shown by the small blue check. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
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 connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.
