Stock trading is an exciting game with high stakes. On certain days, you might enjoy the benefits of positive and satisfying numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve identified an option that can help you to improve your performance within the field. This review will take the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Outside Sales Salary
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informative responsible, transparent, and uplifting with each other by offering a wide array of tools and features including chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance using the aid of advanced analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Think of 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 publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The idea, he added, served two purposes: 1) making public records for everyone, not just the experts and students and newsletter writers, and 2) giving all users to be enlightened by both the wins and losses to the benefit of the trading industry. Profitly Outside Sales Salary
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving success. You can create an account there at no cost, however you’re only limited to having access to the leaderboard and observe the activities 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 that we’ll discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its gurus. It’s not just a way to show your worth to a group of traders. You can also use Profit.ly to purchase with a guru, and have the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you are unsure about the idea of sharing the details of your broker account you can decide to share your trades, whether verified or not, via pictures. In Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile and other methods to communicate with your gurus via chatrooms 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 guru who has been famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading is an avenue for small businesses to transition to a market that is larger as they can access capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell through his many years of expertise.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and a larger influence over time when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place of openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have earned substantial amounts of money from their combined years of expertise. Profitly Outside Sales Salary
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when making trades.
A standalone purchase 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 and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly Outside Sales Salary
The Superman Alerts package is his package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. Additionally you’ll also gain an access to high-quality research papers and the 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 your mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership levels that cater to traders at different levels. Let’s take a look at what these three tiers are and how much they will cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. As you sign up for this plan you’ll be offered a range of strong and vital trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your actions public. If you’re interested in get an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of many of the features of the Novice plan. It is in this plan that you can set up a private profile to share with other associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their trading skills. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ statistics that could be a disadvantage for those eager to try this new tier. Profitly Outside Sales Salary
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all the features from the two prior plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these options, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, where customers can choose from a wide array of videos that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You may be familiar with the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly it’s seen as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members. Some may be laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock trader types, from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for every person.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and members. They’ll also be able to select from the products from its online store that they can take with them wherever they be. They can also gain hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suited to them as the newcomers. While the newbies may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to improve their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Profitly Outside Sales Salary
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There’s something for all
- Profit.ly’s abundance of packages and products offered may seem overwhelming for most of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep an open mind. Profitly Outside Sales Salary
What we do mean”yes” is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than they did before. Not only poor traders that can benefit from this platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Outside Sales Salary
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries within the My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is indicated with the blue check mark. If you upload it manually or through images, it will 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 show up in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market all over the world.