Stock trading is a high-stakes game. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite and it could be extremely difficult to return to the point you were at your peak. If you’re always in the mud You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve found a platform that can support you to improve your performance within the field. In this review, we’ll take a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Vidoes Free
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Providing users with a wide array of options for communication and trade and letting traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries that the site. Imagine it as a social media site akin the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus as well as students and newsletter writers and secondly) allowing anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Vidoes Free
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared towards achieving achievement. You can create an account there for free, but you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its gurus. You’re not just allowed to demonstrate your worth to a community of traders. 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 feel uneasy with the concept of leaking the details of your broker account you may decide to share your trades, whether verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading classes and the capability to see the stats of a trader’s account, and more ways to interact with your experts through the chatroom in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an opportunity for small companies to move to a large marketplace as they can access capital from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell because of his decades of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as trading professional. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place for transparency and for the community to uplift and compete with each other through 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 in-house experts of the platform. These gurus refer to experts in the field of trading who have earned significant amounts of profit from their collective years of experience. Profitly Vidoes Free
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on the 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 we’ll take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, texts, emails and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 per month, this is a great option for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features found in earlier plans including swing trading alerts and unlimited access to a rich library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Vidoes Free
The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile application, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also gain access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels, each designed for traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. When you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what we could call a ruthless process by itself.
Among the list of things you can do with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your personal information public. If you’re interested in gain access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, this one won’t be able view other traders’ stats, which could be a problem for those anticipating this level. Profitly Vidoes Free
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month and a 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats and data, but you also have the chance to create your own private profile. Both of these features, on top of all the benefits that you can use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You may be familiar with the concept of chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that offer live chat support. But on Profit.ly it’s seen as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members there. One of them may be more laid back and less engaged, while another could be more online and communicative in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room advice from the in-house experts as well as their members. They’ll also be able choose from the items in its online store that they can take with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be treated as a joke.
For the traders with many years of experience down the line, we believe Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in managing trading, the pros already understand how it works along with the stack full of risks that come with it. Ideally, they may use Profit.ly’s variety of features to their best advantage to improve their trading skills. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profitly Vidoes Free
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There’s something for everyone
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- Since traders can choose to make any type of trade, there’s a possibility that some of them could profit from selecting the best trades in order to improve their ratings This could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds because the premium customers will immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s yes. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created to achieve this goal. Instead, you should have an open mind. Profitly Vidoes Free
What we are referring to”yes” is that it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s variety of resources to be helpful as they do their best to reduce losses and be more successful than they did before. Not only struggling traders who will profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your peers and experts along the way, then look no further – Profit.ly may be a great choice to start.
FAQ Profitly Vidoes Free
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion under the “My Trade category on the dashboard which lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is indicated with the small blue check. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities all over the world.