Stock trading is an exciting game with high stakes. On certain days, you might be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be very difficult to get back to where you were your best. If you are always in the mud You will need to realize that relying on instinct and survival may not always be enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market 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-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 Coupons
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 various levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features including trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it a social media site akin like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t allow for fraud as much as it is possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students and secondly) giving everyone on the platform to learn from the losses and wins to benefit the industry of trading. Profitly Coupons
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving the success of their business. It is possible to create an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll have an opportunity to make through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at their performance as a trading group and its experts. It’s not only a chance to show your worth to a large group of traders. You can also use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you are unsure about the concept of leaking the details of your broker account you can decide to share your trades, whether verified or otherwise, through pictures. In Profit.ly are a variety of trading classes and the capability to see the stats of a trader’s account, and more ways to connect with your gurus via chatrooms along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading can be seen as an avenue for small companies to move into a larger market because it allows them to access money from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trader. At 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have earned significant amounts of profit from their combined years of expertise. Profitly Coupons
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: 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 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. At $74.95 for a month you will observe him focus on basic stock catalysts and employ them to forecast 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 as well as the mobile application that is available for iOS and 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 highest-quality version that has been upgraded of the Tim’s Alerts package. At $149.95 per month, this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in earlier plans which includes swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released every week.
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From “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 when he first started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Coupons
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that you’ll also gain an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to get you going. Profit.ly 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.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this plan, you will be immediately given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from many of the features of the Novice plan. In this plan, that you can create an account that is private for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their expertise in trading. While it’s nice, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able view other traders’ stats this might be a drawback for those looking forward to this tier. Profitly Coupons
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. At $74.95 each month and a 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all features from the two previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, plus the other benefits that you can use to the maximum extent. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, where customers can select from a variety of video products that are designed to educate and help you understand the ins and outs of trading. The products listed in this section of the website is available to be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” 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 events like 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 features and services. You’re probably familiar with the chat room as you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a hands-on area where experts and member traders can communicate 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 might be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of the forum in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they may be. They can also gain hands-on experience trading on the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as proficient in managing trading however, experienced traders know how it works and the risky mix that come with it. Ideally, they may use Profit.ly’s range of options to their maximum advantage to enhance their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
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 enjoyment! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to assist them in the ever-changing trading process. Profitly Coupons
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for the majority of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services that the platform can offer
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The Final Verdict is: Is Profit.ly Valued?
If we could think of the answer, it would be 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 Coupons
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources useful in their efforts to reduce loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really care about being better at trading and wish to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Profitly Coupons
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion within the My Trade section of the dashboard which allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- 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 a high likelihood that it can be verified. This is evident by the blue check mark. If you post the information manually or via pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are 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 all over the world.
