Stock trading is an exciting game with high stakes. On certain days, you might be reaping the benefits of positive and satisfactory numbers. On other days it could be the reverse and it could be extremely difficult to get back to where you were your most productive. If you find yourself constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve suffered loss from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe. That’s why we’ve identified an option that can help you to improve your performance in the market. In this review, we’ll take a 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.
Overall Rating: 4.1/5 Profitly Pre Workout
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 permits traders of all levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are starting out and also as a platform for experienced traders to track their performance with the help of sophisticated analytics tools. It provides users with a vast array of options for communication and trade and letting traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” The concept Sykes said served two goals: 1.) creating public track records for not just the gurus as well as newsletter writers and students as well as) allowing everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Pre Workout
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared towards achieving the success of their business. It is possible to create an account at no cost, however you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users an insight into how the community of traders performs as well as its experts. It’s not only a chance to prove your worth to a community of traders, as you can also utilize Profit.ly to shop with a professional with the confidence that you are confident in their skills and the veracity of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you can decide to share your trades, verified or not, by taking screenshots. In Profit.ly are the vast number of courses in trading, the ability to view statistics on a person’s profile, and more ways to communicate with your gurus in 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 has been famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading is an opportunity for small businesses to transition to a market that is larger as it gives them access to capital from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as a trader. At the age of 25, he had been given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of experience. Profitly Pre Workout
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for 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 that has been upgraded 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 comes with all the standard features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Pre Workout
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include 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 make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. When you sign to this plan you’ll be provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. 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 do want to get the benefit of this service, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you can create an account that is private to share with fellow associate users all your knowledge and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to improve their expertise in trading. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able view the statistics of other traders, which could be a problem for those anticipating this level. Profitly Pre Workout
Pro Plan
This is by far the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, which includes 22% off for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features from the two prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating your own private profile. These two features are plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, which allows users to choose from a wide array of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a real-time space where experts and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members. Some may be more laid back and rarely active, while another might be more interactive and online in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it has to offer, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout 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 on its store online that they can take with them wherever they may go. They can also gain hands-on experiences by trading through the platform, but ultimately, they will soon learn that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly equally suitable to the newcomers. Although the novices might not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly Pre Workout
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 an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its users
- If traders decide to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as its premium users will immediately benefit from the number of services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s a ‘yes’. But you need to understand that the platform should not be used as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, you should have curiosity. Profitly Pre Workout
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources useful when they try their best to reduce loss and perform better than before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly want to become better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profitly Pre Workout
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the My Trade category on the dashboard that lets you record your trades, verifiable or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is evident by the blue check mark. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.