Stock trading is an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to the point you were at your best. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the globe, which is why we’ve identified an online platform that will help you in your improvement in the industry. This review will take a 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.
Total Rating: 4.1/5 Profitly Coupon
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 informative responsible, transparent, and to build relationships with one another through its wide range of features and tools including chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people new to trading and as a hub for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad range of resources for communication and trade and letting traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was based “on showing every trade, something that has never been prior to.” This idea, he added, served two goals: 1.) creating public track records for all traders, not just the gurus and newsletter writers and students and secondly) allowing all users to gain insight into both losses and wins for the trading industry’s benefit. Profitly Coupon
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of services and features geared toward achievement. You may set up an account at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
Making an account simple: Create an account that includes your personal information and skills, join to 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 was designed to offer its users a look at how the community of traders performs as well as its experts. You’re not just allowed to show your worth to a large group of traders, as you are also able to use Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could decide to share your trades, whether verified or not, by taking pictures. In Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus via chatrooms as well as 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 is famously known for his involvement in penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The trading of penny stocks is an avenue for small companies to move into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have made significant amounts of profit from their combined years of knowledge. Profitly Coupon
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as Android devices; texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. At $149.95 per month, it is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in the previous plan, such as alerts for swing trading and access to a rich library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly Coupon
The Superman Alerts package is his offering of essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, and SMS and e-mail alerts.
The film “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 through the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly Programs 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 going. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Some of the features you can do using Profit.ly’s Novice package is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be onto leaderboards; study, sort, and filter your trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re looking to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from many of the features of The Novice package. This plan allows that you can create an individual profile that allows you to share with other associate users all the insights and information you have gained 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. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able to view the statistics of other traders this might be a drawback for some who may be eager to try this new tier. Profitly Coupon
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, and 22% off for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives 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
Apart from the training tools and the leaderboards, Profit.ly offers a number of more services it has to offer. One of these is its online store, which lets users choose from a wide array of video products designed to inform and help you understand the ins and outs of trading. The products listed in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms as well as some specialty websites that provide live chat support. But on Profit.ly it’s seen as a space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. Some may be a laid-back person who is less active, while another may be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they may travel. They can also gain hands-on experiences from trading within the platform, however they’ll realize that the process is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. While the newbies may not be as proficient in managing trading but the experts already know how it works and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to improve their skills in trading. Like novices, they can 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 or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Profitly Coupon
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for a lot of its customers
- As traders may opt to post any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Verdict is: Is Profit.ly worth it?
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 quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you should have an open mind. Profitly Coupon
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s variety of resources to be helpful in their efforts to avoid losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be better at trading and wish to learn from your fellows and gurus along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Profitly Coupon
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the ‘My Trade’ category of the dashboard that 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 the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade can be verified 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 upload it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.
