The stock market can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be extremely difficult to return to where you were at your most productive. If you’re constantly stuck in the gutter it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve identified an option that can help you in your growth within the field. We’ll take an in-depth look at Profit.ly A well-respected single-stop social platform to trade!
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 Post A Job
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 all levels to be informative, transparent, accountable, and encouraging one another through its wide variety of tools and features such as trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for traders new to trading and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which was never done before.” This idea, he added, served two purposes: 1) creating public track records for not just the gurus and students and newsletter writers and secondly) making it possible for all users to gain insight into both losses and wins for the trading industry’s benefit. Profitly Post A Job
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of features and services aimed at achieving achievement. You can create an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing 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 that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and expertise, connect to 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 function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group as well as its gurus. It’s not only a chance to demonstrate value to a group of traders. You can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you are unsure about the concept of leaking the details of your broker account you can choose to publish your trades, either verified or otherwise, through screenshots. 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 through the chatroom in addition to text and e-mail alerts and updates.
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Meet 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 which trades at just less than 5 cents per share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make substantial amounts of money through their years of experience. Profitly Post A Job
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you will see him focus on the basic stock catalysts and employ them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS and Android devices, texts, emails, 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 program. At $149.95 per month, this is an ideal plan for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Post A Job
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile application, daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also gain an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this plan, you will be immediately offered a range of strong and vital trading tools, all of them integral in keeping your hands on what we call a competitive process by itself.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your actions public. If you’re interested in get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from many of the features of the Novice plan. In this plan, that you can set up an account that is private for sharing with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to develop their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics this could be a problem for some who may be anticipating this level. Profitly Post A Job
Pro Plan
The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, with an additional 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all the features of the previous plans combined.
You’re not only able to see other users’ stats as well, you’re also offered the option of creating an individual profile. Both of these options, in addition to the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly offers a number of other services they offer. One of them is the online store, which allows users to choose from a wide array of videos designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and footage 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 as well part of Profit.ly’s range of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the members there. One of them may be laid back and less engaged, while another could be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that the process is a high-stakes game that should not be viewed as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable for them as it is for those who are just starting. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s array of features to their best advantage to develop their trading abilities. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to navigate them through the ever-changing trading process. Profitly Post A Job
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow 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 dependable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There’s something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers will immediately take advantage of the numerous services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be yes. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform was not always meant to be designed to achieve this goal. Instead, you need to have curiosity. Profitly Post A Job
What we do mean”yes” is it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s range of resources helpful as they do their best to incur lesser losses and perform better than before. It’s not just the struggling traders who will benefit from the 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 mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Profitly Post A Job
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the “My Trade category on the dashboard. It allows you to post your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- 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 through a reliable brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you submit the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market both right and left.