Stock trading is an exciting game with high stakes. On certain days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it could be very difficult to get back to the point you were at your peak. If you are always in the mud You will need to realize that relying on instinct and survival is not always enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe, which is why we’ve identified an online platform that will help you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Profitly Post A Bid
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be informative and accountable, as well as transparent and uplifting with one another through its wide array of tools and features including chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for those who are starting out and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas that the site. Consider it a social media site akin the likes of Facebook and Reddit but with a focus on 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 transparency and honesty: it ensures 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 expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that was never previously done.” The idea was, he said, serving two objectives: one) making public records for not just the gurus and students and newsletter writers, and 2) making it possible for anyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Profitly Post A Bid
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared at achieving success. You can create an account there for free, but you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money and 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 review in the coming days.
Making an account simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to prove that you’re worthy to the community 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 legitimacy of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you can opt to post your trades, verified or otherwise, through pictures. Also included in Profit.ly are a variety of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus via chatrooms as well as 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 personality who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. Penny stock trading can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as it allows them to access money from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trader. At 25 years old Tim Sykes had received greater exposure and a larger impact as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing 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 sweet inclusions is the wide range of educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of knowledge. Profitly Post A Bid
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices, text, e-mail and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month this is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features of earlier plans such as swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “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 all-time trading earnings. Profitly Post A Bid
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile app, daily market commentary in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also gain an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that are designed to accommodate 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 basic plan that is designed specifically for those who are new to the trading community. When you sign to this plan you’ll be provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even texting other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, as well as filter trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private account, making your activities publicly available. If you do want to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in the novice plan. In this plan, that you are able to create an individual profile that allows you to share with fellow associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their trading skills. Although it’s a nice thing, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to see the statistics of other traders that might be a drawback for those anticipating this level. Profitly Post A Bid
Pro Plan
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month with an additional 22% discount for annual billing This plan offers it all. You get full, no-holds-barred access to all options of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create a private profile. Both of these options, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly offers a number of more services it has to provide. One of these is its online store, which lets users select from a variety of instructional videos that are that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a hands-on area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One might be a laid-back person who is not very often active, while another might be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide it is certain to have something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available in its online store for them to take wherever they may be. They can also gain hands-on experiences by trading through the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the road, we consider Profit.ly equally suited to them as the newcomers. While the newbies may not be as adept at handling trading matters but the experts already know how it works and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their full advantage to develop their trading skills. As beginners, they are able to study from the gurus and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profitly Post A Bid
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for the majority of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it’s yes. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Profitly Post A Bid
What we do mean”yes” is it is a fantastic learning tool. Those who may be stuck may find Profit.ly’s range of resources helpful when they try their best to reduce loss and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly want to become more successful in trading and would like to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly Post A Bid
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the ‘My Trade’ category of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is evident by the small blue check. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring opportunities on the stock market all over the world.
