Stock trading is an exciting game with high stakes. On some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were at your peak. If you’re immersed in the water, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you to improve your performance in the industry. We’ll be taking the time to look at Profit.ly is a well-known one-stop 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Under The Banner Of Heaven
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 permits traders of all levels to be informative responsible, transparent, and uplifting with each other by offering a wide range of features and tools such as 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 those who are starting out and as a hub for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade and letting traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Consider it an online social media platform similar like Facebook and Reddit, but for professionals and traders.
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 valid and won’t allow for fraud as much as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea Sykes said served two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers, and 2) making it possible for all users to learn from the losses and wins for the trading industry’s benefit. Profitly Under The Banner Of Heaven
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed toward the success of their business. You can create an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its experts. It’s not only a chance to show your worth to a group of traders, but you can also utilize Profit.ly to buy 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 information about your account with a brokerage, then you could choose to publish your trades, either verified or not, by taking screenshots. Included in Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account, and more ways to interact with your experts in the chatroom, as well as 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 trader who is well-known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. The penny stock market is a stepping stone for small businesses to transition to a market that is larger as it allows them to access capital from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and an even wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also helped to establish Profit.ly as a place of openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money from their collective years of expertise. Profitly Under The Banner Of Heaven
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the 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 Let’s look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices, as well as text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, including swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Under The Banner Of Heaven
The Superman Alerts plan is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, daily market commentary shown in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. In addition you’ll also have an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. When you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your fingers on what we 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; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re looking to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to take advantage of the majority of features available in the novice plan. This plan allows that you can set up a private profile to share with other associate users all the insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to harness their trading skills. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able view other traders’ statistics that could be a disadvantage for those looking forward to this tier. Profitly Under The Banner Of Heaven
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 per month, which includes an additional 22% discount for annual billing, this tier has it all. You get full, no-holds-barred access to all the options of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the option of creating your own private profile. These two features are on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few more services it has to offer. One of these is its online store, which allows users to pick from a range of video products that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat support. But in 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 dealing with the listed members. One of them may be a laid-back person who is less engaged, while another could be more interactive and online with their students. Think of the chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus as well as their members. They’ll also be able to choose from the items on its store online that they can take with them wherever they be. You can also get hands-on experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable to them as people who are just beginning. Although the novices might not be as adept at managing trading but the experts already know how it works along with the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to develop their trading skills. Like novices, they can learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Profitly Under The Banner Of Heaven
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for the majority of its users
- If traders decide to post any kind of trade, there is the possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with the answer, it’s an affirmative “yes”. But you need to understand that the platform should not be used as a get-rich-quick scheme. It wasn’t intended to be created to achieve this goal. Instead, it is best to keep curiosity. Profitly Under The Banner Of Heaven
What we do mean”yes” is it could be a useful learning tool. People who are stuck might find Profit.ly’s array of resources helpful when they try their best to avoid loss and perform better than they did before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be more successful in trading and would like to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Profitly Under The Banner Of Heaven
How do you use Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the “My Trade section of the dashboard that lets you post your trades, verifiable or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market all over the world.
