Stock trading is a high-stakes game. Some days, you could enjoy the benefits of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to get back to the point you were at your peak. If you find yourself constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve identified a platform that can support you to improve your performance in the market. We’ll be taking an in-depth look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Pre Order
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders who are starting out and also as a platform for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” The concept, he added, served two objectives: one) creating public track records for everyone, not just the experts as well as newsletter writers and students as well as) giving anyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Profitly Pre Order
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving the success of their business. You may set up an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into the performance of the trading community and its experts. It’s not just a way to prove value to a large group of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, then you could decide to share your trades, either verified or not, via screenshots. Included in Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile and other methods to interact with your experts in 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 well-known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as an avenue for small-scale businesses to make the transition into a larger market because it gives them access to money from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Beginning in his late years in High School, Tim Sykes has, since then, earned more than $6 million in earnings during his long and successful career as trader. At 25 years old Sykes was given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit from their collective years of knowledge. Profitly Pre Order
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche within the world 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, only two gurus remain on the platform: the founder of the penny stock market 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 can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS as well as 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 version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, it is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans which includes alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly Pre Order
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge of information provided by Superman himself, via his Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of tools to get you started. The platform offers 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.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze your trades, sort or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. You can’t create a private profile, thus making your actions public. If you do want to get the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use a majority of features from The Novice package. This plan allows that you can set up a private profile for sharing with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their trading skills. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able view other traders’ stats this could be a disadvantage for those who are anticipating this level. Profitly Pre Order
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 per month, with an additional 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all the features of the previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the opportunity to create 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 an option that gives all the features you need to be trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of more services it has to offer. One of them is the online store, which allows users to choose from a wide array of video products that are designed to educate and help you understand the ins and outs 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 such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and footage taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You may be familiar with chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on area where experts and members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. Some may be laid back and not very often active, while another may be more active and in touch in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. Additionally, they can select from the products in its online store for them to take wherever they may travel. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that the process is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suited for them as it is for people who are just beginning. While novice traders may not be as well-equipped with managing trading however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to develop their skills in trading. 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 doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on similar levels to 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 Pre Order
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s in-house gurus, including collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds, as its premium users will immediately benefit from the many services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we could think of the answer, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, it is best to keep an open mind. Profitly Pre Order
What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources to be helpful as they do their best to reduce losses and perform better than before. It’s not just the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become more successful in trading and would like to learn from your peers and experts on the way, look no further – Profit.ly may be a great choice to start.
FAQ Profitly Pre Order
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries in the My Trade section of the dashboard which lets you post your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s an excellent likelihood that it can be verified. This is shown by the blue check mark. 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 possibility of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just looking to earn maximum profits but also to help one another learn and improve in acquiring stock market opportunities all over the world.
