The stock market can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfying numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you are constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving may not always be 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 an important boost from trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the industry. We’ll be taking an in-depth look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Profitly Pre Ipo
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 different levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for traders new to trading and as a hub for traders who are experienced to monitor their performance through the use 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 connect with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it a social media site akin the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was based “on showing every trade, something that has never been done before.” This idea Sykes said served two objectives: one) creating public track records for everyone, not just the experts and newsletter authors and students and secondly) giving everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Profitly Pre Ipo
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed towards achieving achievement. You may set up an account at no cost, however you’re limited to the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a glimpse of the performance of the trading community as well as its experts. You’re not just allowed to prove value to a community of traders, but you can also use Profit.ly to purchase with a guru, and have the confidence that you are confident in their skills and the legitimacy of their claims.
If you are unsure about the concept of leaking your brokerage account, you may choose to publish your trades, whether verified or not, by taking pictures. Included in Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile and other methods to communicate with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock which trades at less than $5 per share. The penny stock market could be viewed as an avenue for small companies to move to a large marketplace as it gives them access to funds from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trader. At the age of 25, he had been given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms, 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 against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make substantial amounts of money through their years of experience. Profitly Pre Ipo
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 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, however, only two gurus remain on the platform: the founder as well as 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 the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices; email, text and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is a great option for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts as well as unlimited access to a library of over 7,000 educational videos and new videos released 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 small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Pre Ipo
The Superman Alerts package is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile application, daily market commentary shown in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels 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
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 provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your hands on what we call a competitive process in and of itself.
Some of the 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 leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your activities publicly available. If you’re looking to gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of many of the features of the novice plan. In this plan, that you can create an individual profile that allows you to share with other associates all your insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire 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 won’t be able to see other traders’ statistics this could be a problem for those anticipating this level. Profitly Pre Ipo
Pro Plan
The Pro plan is the most premium package that Profit.ly offers to experienced traders. With $74.95 monthly, which includes a 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all the features of the prior plans.
Not only do you get to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to select from a variety of video products created to provide guidance on the ins and outs of trading. All of the products featured in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members there. Some may be more laid back and rarely active, while another might be more online and communicative in their interactions with students. Think of the chat rooms as Profit.ly’s version of a forum, in 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 traders, ranging from novices to the most experienced. Considering the number of offers it can provide this platform definitely has something for all.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room advice by its internal gurus as well as their members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, however, they will soon learn that the process is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works along with the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their full advantage to develop their skills in trading. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the excitement! Trade professionals who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. Profitly Pre Ipo
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and insights from its inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers 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 needs, like posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might be too much for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the many services that the platform can provide
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The Final Concluding Question 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 get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep curiosity. Profitly Pre Ipo
What we mean”yes” is it is a fantastic learning tool. People who are stuck could discover Profit.ly’s array of resources helpful in their efforts to incur lesser losses and be more successful than before. It’s not just the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be a better trader and want to learn from your peers and experts along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ Profitly Pre Ipo
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard which allows you to post your trades that are verified or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are using 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 learn and improve in acquiring opportunities in the stock market left and right.
