The stock market can be a high-stakes game. On certain days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your most productive. If you’re always in the mud it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you in your improvement in the industry. This review will be taking a look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Profitly Inside Sales Salary
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 different levels to be informed, transparent, accountable, and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad array of options for trade and communication that help traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as a social media site akin the likes of Facebook and Reddit however it is geared towards traders and experts.
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 ensures that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” The idea, he added, served two purposes: 1) creating public track records for not just the gurus, but also the newsletter authors and students as well as) giving all users to be enlightened by both losses and wins for the trading industry’s benefit. Profitly Inside Sales Salary
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared at achieving achievement. It is possible to create an account at no cost, however you’re only limited to having access to the leaderboards and monitor the actions 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 sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a glimpse of how the community of traders performs and its experts. It’s not just a way to prove that you’re worthy to the large group of traders, but you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the veracity of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you can opt to post your trades, either verified or not, via pictures. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to money from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning in his late years in high school, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of transparency, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational tools, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have made substantial amounts of money from their collective years of experience. Profitly Inside Sales Salary
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on this 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 we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices; text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, it is the perfect plan for those who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features that were included in earlier plans such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released every 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 both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly Inside Sales Salary
The Superman Alerts plan is his offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. Additionally you’ll also have access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that cater to traders at different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this package you’ll be given a slew of robust and vital trading tools, each of which is essential to keep your fingers on what we could call a ruthless process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even texting your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use many of the features of The Novice package. In this plan, that you can create a private profile to share with other associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to harness their expertise in trading. While it’s nice however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ statistics this could be a disadvantage for those anticipating this level. Profitly Inside Sales Salary
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, with 22% off for billing annually, this tier has it all. It gives you full, unlimited access to all features of the prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the opportunity to create a private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, which lets users choose from a wide array of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. The products listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a space where experts and their members can interact and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members. One might be laid back and less active, while another might be more online and communicative in their interactions with students. 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 diverse range of products and features cater to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it offers, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts as well as their members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable to them as people who are just beginning. Although the novices might not be as proficient in dealing with trading issues but the experts already know the way it functions and the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s range of features to their best advantage to improve their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part 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 display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profitly Inside Sales Salary
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- Since traders can choose to open any kind of trade, there is the possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users will immediately benefit from the many services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it’s yes. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep curiosity. Profitly Inside Sales Salary
What we mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck may find Profit.ly’s variety of resources helpful as they do their best to reduce loss and perform better than before. It’s not just the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really care about being a better trader and want to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Inside Sales Salary
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades under the My Trade’ category of the dashboard. It allows you to post your trades, either verified or not. You may choose between three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is shown by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.