Stock trading can be a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your peak. If you’re immersed in the water it is important be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses and you’re likely to require solid advice from seasoned and tested 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 improvement in the industry. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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 Ccx Stece Dux
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of various levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are starting out and also as a platform for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad variety of tools for trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been prior to.” This idea was, he said, serving two purposes: 1) creating public track records for not just the gurus as well as newsletter writers and students and secondly) allowing anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Profitly Ccx Stece Dux
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed towards achieving the success of their business. You can create an account there at no cost, however you’re only limited to having access to the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a look at how the community of traders performs as well as its experts. It’s not just a way to prove that you’re worthy to the community of traders, as you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, whether verified or not, via pictures. In Profit.ly is the huge selection 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 email and text alerts 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 his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for just less than 5 cents per share. The trading of penny stocks is a stepping stone for small companies to move into a larger market because it allows them to access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trading professional. At the age of 25 Sykes was given more exposure and a wider influence over time when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to develop 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 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 amazing features is the variety of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned substantial amounts of money from their collective years of expertise. Profitly Ccx Stece Dux
At its height, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the platform: the founder of the penny stock market 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices, texts, emails, 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, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, it is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Ccx Stece Dux
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base of information provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. On top of that, you’ll also get the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three tiers 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 just beginning their journey to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of which is essential to keep your hands on what we could call a ruthless process by itself.
The list of features you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your activities publicly available. If you do want to gain access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. It is in this plan that you can set up an account that is private to share with fellow associates all your insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those who are looking forward to this tier. Profitly Ccx Stece Dux
Pro Plan
This is by far the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, which includes 22% off for annual billing, this tier has everything. It gives you full, unlimited access to all options of the previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating your own private profile. Both of these features, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which lets users 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 is available to be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a space where experts and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One of them may be more laid back and less active, while another might be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room tips from the in-house experts as well as their members. Additionally, they can choose from the items on its store online to carry with them wherever they may be. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that the process is a high stakes game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as proficient in handling trading matters, the pros already understand how it works and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s variety of features to their full advantage to improve their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly Ccx Stece Dux
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There’s something for everyone
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 post any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of the answer, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed in this way. Instead, you should have the ability to think with an open heart. Profitly Ccx Stece Dux
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s variety of resources to be helpful as they do their best to incur lesser losses and perform better than before. It’s not just the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Ccx Stece Dux
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the ‘My Trade’ category of the dashboard which lets you post your trades that are verified or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you purchase 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 upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.
