Stock trading is an exciting game with high stakes. On certain days, you may have the benefit of positive and satisfactory numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were at your peak. If you are always in the mud it is important to realize that relying on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your improvement in the industry. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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. 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 On Facebook
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 permits traders of all levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features like chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for people 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. Providing users with a wide variety of tools for communication and trade and letting traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines of this platform. Think of it as the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was based “on the transparency of all trades, something that has never been previously done.” This idea was, he said, serving two purposes: 1) making public records for not just the gurus as well as newsletter writers and students as well as) giving all users to gain insight into both losses and wins to benefit the industry of trading. Profitly Post On Facebook
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared toward the success of their business. You may set up an account for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is easy: create an account with your experience and skills, join 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 previously mentioned, is designed to give its users a glimpse of how the community of traders performs and its gurus. It’s not only a chance to prove value to a community of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you are unsure about the idea of sharing the details of your broker account then you could opt to post your trades, whether verified or not, by taking pictures. Included in Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account, and more ways to interact with your experts through the chatroom as well as 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 is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small companies to move to a large marketplace as it allows them to access funds from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place of openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the trading experts who have earned substantial amounts of money from their combined years of knowledge. Profitly Post On Facebook
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the prominent gurus 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 this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate 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; email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. It costs $149.95 per month, this is a great option for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, including alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly Post On Facebook
The Superman Alerts package is his offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base that is provided by Superman himself through the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to get you started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed to this plan, you will be immediately offered a range of strong and vital trading tools, each of them integral in keeping your fingers on what call a competitive process by itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as giving feedback on the trades of 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 might look appealing for the price alone however, there’s a drawback. You can’t create a private account, making your actions public. If you’re looking to get an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the novice plan. In this plan, that you can create an individual profile that allows you to share with fellow associates all your insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their trading skills. While it’s nice, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to view other traders’ stats that might be a drawback for those who are anticipating this level. Profitly Post On Facebook
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, with a 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these options, on top of all the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards 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 video products designed to inform and help you understand the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a area where experts and members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members. One of them may be a laid-back person who is less active, while another may be more online and communicative with their students. Think of the chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able choose from the items in its online store for them to take wherever they may travel. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the line, we see Profit.ly as equally as suitable to them as those who are just starting. Although the novices might not be as proficient in managing trading but the experts already know the way it functions and the stack full of risks that it carries. It is ideal to utilize Profit.ly’s range of features to their best advantage to improve their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the excitement! Trade professionals who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Profitly Post On Facebook
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You will receive excellent training and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core 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 subscription levels and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- If traders decide to make any type of trade, there is the possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly benefit from the number of services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of an answer to this question, it’s a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you need to have curiosity. Profitly Post On Facebook
What we do mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s variety of resources to be helpful when they try their best to reduce losses 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 really care about being a better trader and want to learn from your fellows and gurus on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Profitly Post On Facebook
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the “My Trade section of the dashboard that lets you record your trades, either verified or not. You may choose between three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, 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 left and right.
