Stock trading can be an exciting game with high stakes. On some days, you could have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were your most productive. If you’re immersed in the water it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve found an online platform that will help you to improve your performance in the industry. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Upon Receipt Meaning
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 allows traders of all levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad range of features and tools like 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 which serves 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 with the help of sophisticated analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Consider it an online social media platform similar to Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never previously done.” The concept, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter writers and students as well as) making it possible for anyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Profitly Upon Receipt Meaning
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared at achieving the success of their business. It is possible to create an account for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs as well as its experts. It’s not just a way to demonstrate that you’re worthy to the group of traders, as you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may decide to share your trades, whether verified or not, via photographs. In Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock that trades for less than $5 per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a large marketplace as it gives them access to money from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Beginning at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trader. At 25 years old Tim Sykes had received greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place 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 wide range of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of experience. Profitly Upon Receipt Meaning
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 included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and Android devices, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features that were included in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Upon Receipt Meaning
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, the daily market commentary shown in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. Additionally you’ll also have access to premium research reports and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that cater to traders with 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 beginning-of-the-line plan specifically for those who are new to the world of trading. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, all of them integral in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re interested in get access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can create an account that is private to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you will not be able to view the statistics of other traders this could be a problem for those looking forward to this tier. Profitly Upon Receipt Meaning
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month and an additional 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all the features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. Both of these options, plus the other advantages that you can utilize to the maximum extent. If you’re looking for an option that gives you everything you need as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of those is its online store, which allows users to pick from a range of video products created to help you understand the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other things trading-related, clips and scenes of the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You may be familiar with the chat room since you will see it on social and messaging platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a real-time area where experts and members can interact and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One of them may be a laid-back person who is less active, while another might be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Given the wide range of options it has to offer this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able to choose from the items in its online store to carry with them wherever they may go. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as adept at handling trading matters but the experts already know the way it functions and the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to develop their trading skills. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Profitly Upon Receipt Meaning
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to increase the rating – this may be a concern that should not be ignored.
- Profit.ly does not offer refunds because the premium customers are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. It wasn’t designed to be used for this reason. Instead, it is best to keep curiosity. Profitly Upon Receipt Meaning
What we do mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s range of resources useful as they do their best to avoid loss and perform better than before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly care about being a better trader and want to learn from your peers and experts on the way, look no further – Profit.ly may be a great option to begin.
FAQ Profitly Upon Receipt Meaning
How do you use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the My Trade section of the dashboard which lets you post your trades, either verified or otherwise. There are three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using 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’s a high chance that it is verifiable. This is indicated with the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 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.
