The stock market can be an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it could be very difficult to get back to the point you were at your best. If you are constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the world, which is why we’ve found a platform that can support you in your improvement within the field. This review will take a 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.
Total Rating: 4.1/5 Profitly Pre Tax
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informed responsible, transparent, and uplifting with one another through its wide variety of tools and features like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life network with one another. It also allows gurus to make 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 for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are valid and won’t accept fake news as long as possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of every trade, something that was never prior to.” The idea, he added, served two goals: 1.) making public records for everyone, not just the experts, but also the newsletter writers and students, and 2) allowing all users to gain insight into both losses and wins for the trading industry’s benefit. Profitly Pre Tax
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. You can create an account on the site at no cost, however you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users an insight into the performance of the trading community as well as its experts. You’re not just allowed to prove value to a community of traders, as you can also use Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you are unsure about the concept of leaking your brokerage account, you can choose to publish your trades, either verified or otherwise, through screenshots. In Profit.ly are the vast number of trading classes and the capability to see statistics on a person’s profile as well as other ways to interact with your experts through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market is a stepping stone for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a place for transparency and to allow the community to rise 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 sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money from their combined years of experience. Profitly Pre Tax
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 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 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 look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices; text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is a great option for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Profitly Pre Tax
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. Once you have signed up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all of which is essential to keep your fingers on what we call a competitive process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $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 have an account with this option, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of many of the features of the novice plan. This plan allows that you can create an account that is private for sharing with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their skills in trading. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ stats, which could be a disadvantage for those anticipating this level. Profitly Pre Tax
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. At $74.95 monthly, and a 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all features of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of them is the online store, which lets users pick from a range of videos created to provide guidance on the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You’re probably 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 support. But on Profit.ly, it is seen as a area where experts and member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be a laid-back person who is not very often active, while another might be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it has to offer, the platform surely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room advice from the in-house experts and their members. Additionally, they can pick from the merchandise available on its store online that they can take with them wherever they be. Additionally, they can gain practical experience trading on the platform, however they’ll realize that trading is a high stakes game that should not be viewed as a joke.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as adept at handling trading matters but the experts already know how it works along with the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s array of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the top experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to guide them through the ever-illustrious trading process. Profitly Pre Tax
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the many services that the platform can offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you should have curiosity. Profitly Pre Tax
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s range of resources useful 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 the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Profitly Pre Tax
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the My Trade section of the dashboard which lets you record your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is shown by the small blue check. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the chance of getting downvotes from your fellow peers. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market left and right.
