The stock market can be a high-stakes game. On certain days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen and it can be very difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve found a platform that can support you in your improvement within the field. This review will take a look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Profitly Cash Flow Fx
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for people who are starting out and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade and letting traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading 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 motivated by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts as well as students and newsletter writers and secondly) allowing all users to gain insight into the losses and wins for the trading industry’s benefit. Profitly Cash Flow Fx
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of services and features geared towards achieving success. It is possible to create an account there at no cost, however you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove value to a group of traders, as you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you are unsure about the idea of divulging your brokerage account, then you could choose to publish your trades, either verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading courses, the ability to view the stats of a trader’s account, and more ways to interact with your experts in the chatroom, in addition to 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 famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made substantial profits from their combined years of knowledge. Profitly Cash Flow Fx
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, 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 look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app that’s 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 highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, it is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Cash Flow Fx
The Superman Alerts package is his package of vital features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that you’ll also gain access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you’re interested in get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package allows you to use a majority of features from the novice plan. In this plan, that you can create an account that is private to share with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to see the statistics of other traders this could be a problem for those who are anticipating this level. Profitly Cash Flow Fx
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 monthly, with a 22% discount for billing annually, this tier has it all. You get full, no-holds-barred access to all the options of the previous plans.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create an individual profile. These two features are plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly offers a number of other services they offer. One of these is its online store, which allows users to choose from a wide array of videos designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your 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 about short stocking, penny stocking, and other things trading-related, clips and scenes of The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One of them may be more laid back and not very often engaged, while another could be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to the most experienced. Considering the number of offers it offers it is certain to have something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room advice from the in-house experts as well as their members. Additionally, they can choose from the items from its online store to carry with them wherever they travel. They can also gain hands-on experiences from trading within the platform, however they’ll realize that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited to them as those who are just starting. While the newbies may not be as adept at managing trading, the pros already understand the way it functions and the stack full of risks associated with it. Ideally, they may use Profit.ly’s range of features to their full advantage to improve their trading abilities. Like beginners, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the enjoyment! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Profitly Cash Flow Fx
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning, communication, and trading tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core 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 plans and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s bountiful stream of products and packages offered might not be enough for the majority of its customers
- As traders may opt to post any kind of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s a ‘yes’. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally intended to be created in this way. Instead, you should have curiosity. Profitly Cash Flow Fx
What we mean”yes” is that it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources useful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being better at trading and wish to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profitly Cash Flow Fx
How can you make use of Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard that allows you to post your trades that are verified or otherwise. 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 specified spaces and information.
- Send a screen shot of your transactions
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.