Stock trading is a high-stakes game. Some days, you may enjoy the benefits of pleasing and positive numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were your peak. If you’re always in the mud it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an online platform that will help you to improve your performance within the field. This review will take the time to 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 Inside Sales Rep
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide variety of tools and features 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 serves both as a learning and education platform for people who are starting out as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge 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 also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never previously done.” This idea was, he said, serving two objectives: one) creating public track records for not just the gurus and newsletter authors and students and secondly) giving all users to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Inside Sales Rep
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of features and services aimed at achieving the success of their business. It is possible to create an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow 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 it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to demonstrate your worth to a group of traders, but you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you may decide to share your trades, either verified or not, by taking screenshots. In Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile as well as other ways to interact with your experts through the chatroom along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small businesses to transition to a market that is larger as they can access funds from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profits 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 TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to the trading field. He also helped establish Profit.ly as a place of openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational sources, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have proven to make substantial profits through their years of expertise. Profitly Inside Sales Rep
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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this 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. In light of that we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices, as well as email, text and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, this is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos, with new ones released each week.
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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. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Inside Sales Rep
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base that is provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that, you’ll also get the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. As you sign to this plan, you will be immediately provided with a variety of powerful and essential trading tools, each of which is essential to keep your hands on what we could call a ruthless process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price, there is a downside. You can’t create a private profile, thus making your personal information public. If you’re interested in gain access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to use a majority of features from the novice plan. It is in this plan that you can create a private profile to share with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to develop their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. In contrast to the Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for those who are anticipating this level. Profitly Inside Sales Rep
Pro Plan
This is by far the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, which includes an additional 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all features from the two previous plans.
You’re not only able to see other users’ stats and data, but you also have the option of creating a private profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re in search of an account that will give you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, which allows users to select from a variety of video products created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and clips taken 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 array of services and features. You’re probably familiar with the concept of chat rooms since you can see it across messaging and social platforms, in addition to a few special websites that offer live chat support. But in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style in operating their chat room and dealing with the listed members. One of them may be a laid-back person who is less engaged, while another could be more online and communicative to their pupils. Think of chat rooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items on its store online that they can take with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately, they will soon learn that this is a high-stakes game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suitable to people who are just beginning. Although the novices might not be as well-equipped with managing trading however, experienced traders know how it works and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to develop their trading skills. Like novices, they can study from the gurus and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Profitly Inside Sales Rep
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its users
- If traders decide to open any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, it is best to keep an open mind. Profitly Inside Sales Rep
What we do mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources helpful in their efforts to incur lesser loss and perform better than before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being better at trading and wish to be taught by your peers and experts along the way, then look no further – Profit.ly may be a great choice to start.
FAQ Profitly Inside Sales Rep
How do you use Profit.ly to publish your trades?
Profit.ly has an entry section for trades within the My Trade category on the dashboard. It allows you to post your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.