Stock trading can be a high-stakes game. Some days, you might be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite and it could be very difficult to get back to where you were at your most productive. If you are constantly stuck in the gutter You will need to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring loss from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the industry. In this review, we’ll take a 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.
Overall Rating: 4.1/5 Profitly During Pregnancy
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed, transparent, accountable, and uplifting with each other by offering a wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for traders who are starting out and also as a platform for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Imagine it as a social media site akin to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine, Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” The idea Sykes said served two objectives: one) making public records for everyone, not just the experts, but also the students and newsletter writers and secondly) giving anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Profitly During Pregnancy
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of features and services aimed at achieving success. You may set up an account there at no cost, however you’re only given the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account, and you’ll be given the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users an insight into the performance of the trading community as well as its gurus. You’re not just allowed to show that you’re worthy to the community of traders, as you can also use Profit.ly to purchase with a professional with the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you are unsure about the concept of leaking your brokerage account, you can decide to share your trades, verified or not, by taking photographs. Also included 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 through the chatroom in addition to text and e-mail alerts and updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. Penny stock trading can be seen as an avenue for small businesses to transition to a market that is larger as they can access money from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trader. At 25 years old, he had been given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms, 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 platform for transparency, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial profits from their collective years of expertise. Profitly During Pregnancy
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the most prominent experts included 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 this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS and Android devices, as well as email, text and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 per month, this is a great option for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly During Pregnancy
The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge that is provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally you’ll also have access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers that cater to traders with different levels. Let’s break down what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. Once you have signed up for this package you’ll be given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you do want to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the novice plan. In this plan, that you can create an account that is private to share with other associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, you will not be able to view other traders’ statistics, which could be a problem for those eager to try this new tier. Profitly During Pregnancy
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, with 22% off for annual billing This plan offers everything. You will have full, unrestricted access to all the options of the previous plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create your own private profile. Both of these options, plus the other benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly offers a number of additional services that it can provide. One of them is the online store, where customers can select from a variety of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and products from other expert traders.
The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You are probably familiar with the chat room as you will see it on social and messaging platforms and also on a few specialty websites that provide live chat support. But in Profit.ly it’s seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. One might be a laid-back person who is rarely active, while another may be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it offers it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able pick from the merchandise available from its online store that they can take with them wherever they go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we see Profit.ly equally suited to them as those who are just starting. Although the novices might not be as well-equipped with managing trading but the experts already know the way it functions and the risky mix associated with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the top 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. Certified experts can also take part in the fun! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to assist them in the ever-changing trading process. Profitly During Pregnancy
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the internal experts, which include libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to instantly benefit from the number of features the platform is able to provide
The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, you need to have the ability to think with an open heart. Profitly During Pregnancy
What we do mean”yes” is it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s variety of resources helpful when they try 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 will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to be taught by your mentors and peers on the way, look no further – Profit.ly may be a great option to begin.
FAQ Profitly During Pregnancy
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the My Trade section of the dashboard which allows you to post your trades that are verified or not. You may choose between three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is the chance that it is verifiable. This is shown by the blue check mark. If you submit the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from fellow peers. Too many downvotes may result in you appearing on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version works with all 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 trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.