Stock trading is an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to return to where you were at your most productive. If you’re immersed in the water You will need to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you to improve your performance in the market. We’ll take the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Free Message Noard Chat
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of all levels to be informative responsible, transparent, and uplifting with each other through its broad range of features and tools such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” The idea Sykes said served two objectives: one) creating public track records for everyone, not just the experts, but also the newsletter writers and students, and 2) making it possible for all users to gain insight into both losses and wins to benefit the industry of trading. Profitly Free Message Noard Chat
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. You may set up an account on the site at no cost, however you’re only given the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is easy: create an account with your experience and expertise, connect your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to show value to a community of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, then you could decide to share your trades, verified or not, by taking pictures. Included in Profit.ly are a variety of courses in trading and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus in 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 trader who has been famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market is an opportunity for small companies to move to a market that is larger as it allows them to access capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as a trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have proven to make substantial profits from their combined years of knowledge. Profitly Free Message Noard Chat
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 prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS as well as Android devices, as well as email, text and push alerts; and a daily stock watchlist.
Tim Sykes: 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 the perfect plan for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features of prior plans, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Profitly Free Message Noard Chat
The Superman Alerts plan is an offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market updates in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. In addition you’ll also gain access to premium research reports as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet 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 look at what the 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 just beginning their journey to the world of trading. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, each one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in have access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader plan allows users to benefit from a majority of features from the novice plan. In this plan, that you are able to create an account that is private to share with other associates all your insights and knowledge you gain from 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 expertise in trading. As nice as it seems but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able view the statistics of other traders, which could be a disadvantage for those who are anticipating this level. Profitly Free Message Noard Chat
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 per month, and a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the options of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the chance to create a private profile. These two features are in addition to the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly provides a variety of other services they offer. One of them is the online store, which allows users to select from a variety of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You’re probably 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 assistance. But in Profit.ly, it is seen as a real-time space where experts and their 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 members there. One of them may be laid back and not very often engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of a 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 traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items on its store online to carry with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that the process is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at handling trading matters however, experienced traders know the way it functions and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to enhance their trading skills. Like beginners, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. Profitly Free Message Noard Chat
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
- Profit.ly’s abundance of products and packages offered might seem overwhelming for most of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer 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 Worth It?
If we could think of the answer, it’s yes. However, you must realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep an open mind. Profitly Free Message Noard Chat
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they could discover Profit.ly’s range of resources useful when they try their best to reduce losses and be more successful than they did before. It’s not just the struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly care about being a better trader and want to be taught by your peers and experts throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profitly Free Message Noard Chat
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades in the “My Trade section of the dashboard that lets you record your trades, either verified or not. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using 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 learn and improve in acquiring opportunities on the stock market all over the world.