Stock trading can be an extremely risky game. On some days, you may have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it can be very difficult to get back to where you were at your most productive. If you are immersed in the water it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe, which is why we’ve discovered an option that can help you in your improvement within the field. We’ll be taking an in-depth look at Profit.ly A well-respected all-in-one 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 Create Account
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 permits traders of various levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Providing users with a wide array of options to facilitate trade and communication that help traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of the platform. 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 posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was established years ago by the 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 declared that Profit.ly was based “on showing all trades, something that was never done before.” The concept was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts, but also the newsletter authors and students and secondly) making it possible for anyone on the platform to learn from the losses and wins for the trading industry’s benefit. Profitly Create Account
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared at achieving the success of their business. You may set up an account there for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at how the community of traders performs as well as its experts. It’s not only a chance to show that you’re worthy to the group of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re comfortable in their skills and the credibility of their claims.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you may decide to share your trades, verified or not, by taking photographs. In Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a market that is larger as they can access capital from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as a trader. When he was 25 years old Sykes was given greater exposure and a larger impact when he became part of the reality show “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 to establish Profit.ly as a place for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education sources, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money from their collective years of knowledge. Profitly Create Account
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the field of trading. Some of the most famous experts included 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 the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to 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 version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features that were included in prior plans, including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Create Account
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market commentary shown 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, as well as 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 the previous ones. On top of that, you’ll also get access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels, each designed for traders at different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re interested in gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to take advantage of many of the features of the Novice plan. In this plan, that you can set up a private profile for sharing with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. As opposed to the prior Novice package, this one won’t be able to view other traders’ statistics this could be a problem for some who may be anticipating this level. Profitly Create Account
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and 22% off when billed annually, this tier has everything. It gives you full, unlimited access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the chance to create your own private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which allows users to select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other related to trading, videos and clips from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with the chat room as you can see it across social and messaging platforms in addition to a few special websites that offer live chat support. But on Profit.ly the chat room is viewed as a place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One of them may be more laid back and not very often active, while another might be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room advice 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 by trading through the platform, but eventually they’ll be able to realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as proficient in managing trading but the experts already know the way it functions and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s range of features to their best advantage to develop their trading skills. Like novices, they can learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help assist them in the ever-changing trading process. Profitly Create Account
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You will receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the many services that the platform can provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of the answer, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, it is best to keep curiosity. Profitly Create Account
What we do mean”yes” is it can be a great learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources useful as they do their best to incur lesser losses and be more successful than before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Profitly Create Account
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the ‘My Trade’ category of the dashboard which lets you post your trades, either verified or otherwise. There are three choices:
- Linking your account to the broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is shown by the blue check mark. If you post the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where users can detect who’s being fraudulent in posting 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 in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities both right and left.
