Stock trading is a high-stakes game. On some days, you could be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to the point you were at your peak. If you find yourself always in the mud You will need to realize that relying on instinct and survival might not be enough.
If you’ve suffered occasional losses You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you in your growth in the market. In this review, we’ll take the time to look at Profit.ly is a well-known 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 Monthly Coupon Code
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be informative responsible, transparent, and to build relationships with one another through its wide array of tools and features 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 learning and education platform for those who are starting out as well as a place for experienced traders to track their performance with the help of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of the platform. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as it is possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been done before.” The idea was, he said, serving two objectives: one) making public records for not just the gurus, but also the newsletter writers and students, and 2) allowing anyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Profitly Monthly Coupon Code
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of tools and services that are geared toward achievement. You can create an account there for free, but you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers that we’ll go over shortly.
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 your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to show that you’re worthy to the large group of traders, as you can also utilize Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could decide to share your trades, either verified or not, by taking photographs. Also included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account as well as other ways to interact with your experts 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 trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at just less than 5 cents per share. Penny stock trading is an avenue for small-scale businesses to make the transition to a large marketplace as they can access capital from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trading professional. At 25 years old Tim Sykes had received more exposure and a wider impact when he became part of the reality show “Wall Street Warriors.” He 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 platform for transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the trading experts who have made substantial amounts of money from their collective years of experience. Profitly Monthly Coupon Code
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on the platform: the 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 packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS and Android devices, email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is a great option for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes alerts for swing trading and access to a rich library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Monthly Coupon Code
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base of information provided by Superman himself, via his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. Additionally you’ll also gain access to premium research reports as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels, each designed for traders of different levels. Let’s take a look at what these three levels are and what 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 world. Once you have signed up for this plan, you will be immediately given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your actions public. If you do want to get 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 users to benefit from the majority of features available in the novice plan. In this plan, that you can create a private profile for sharing with fellow associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their skills in trading. Although it’s a nice thing, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics that might be a drawback for those anticipating this level. Profitly Monthly Coupon Code
Pro Plan
This is by far the most luxurious package Profit.ly can offer to experienced traders. With $74.95 each month with a 22% discount for billing annually, this tier has it all. It gives you full, unlimited access to all the features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create an individual profile. These two features are in addition to the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which lets users choose from a wide array of videos created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website is available to be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other aspects of trading. There are also clips and footage of 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 features and services. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a place where gurus and their members can interact and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members. One might be more laid back and not very often active, while another may be more active and in touch to their pupils. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will get daily videos and chat room tips from the in-house experts and members. They’ll also be able to select from the products on its store online that they can take with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, however, they will soon learn that this is a high-stakes game that shouldn’t be taken 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 people who are just beginning. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to improve their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Profitly Monthly Coupon Code
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and insights from its inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for most of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order to improve their ratings – this may be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers will immediately benefit from the many features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, you need to have an open mind. Profitly Monthly Coupon Code
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they could be able to find Profit.ly’s array of resources helpful when they try their best to incur lesser loss and perform better than they did before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Monthly Coupon Code
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the ‘My Trade’ category of the dashboard that allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is the probability that it’s verifiable. This is indicated with the small blue check. If you post it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.