For traders and investors looking to improve their performance in the stock market, Profitly and Tradervue are two popular online platforms that offer a range of tools and resources to help users track and analyze their trades.
In this guide, we’ll compare Profitly and Tradervue, exploring their key features, pricing options, and user experience. We’ll examine the pros and cons of each platform and provide insights into which one might be the best fit for your specific trading goals and preferences.
Whether you’re a beginner just getting started in the stock market or an experienced investor looking for a better trading platform, this comparison of Profitly and Tradervue will help you make an informed decision about which platform is right for you.
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 Vs Tradervue
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be knowledgeable and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for traders new to trading as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries that the site. Imagine it as an online social media platform similar to Facebook and Reddit, but for experts and traders.
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 trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The concept was, he said, serving two objectives: one) making public records for all traders, not just the gurus and newsletter authors and students, and 2) making it possible for anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Profitly Vs Tradervue
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared towards achieving success. It is possible to create an account for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is easy: create a profile with your experiences and skills, join your brokerage account, and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into the performance of the trading community and its experts. It’s not only a chance to demonstrate value to a group of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, you can opt to post your trades, either verified or not, by taking pictures. In Profit.ly are a variety of trading courses and the capability to see statistics on a person’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 Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as trader. When he was 25 years old, he had been given greater exposure and an even wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made significant amounts of profit from their combined years of knowledge. Profitly Vs Tradervue
At its peak, Profit.ly had housed up to five gurus, each of them an expert within their particular field 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 only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, this is a great option for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with 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 profits. Profitly Vs Tradervue
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed up for this package you’ll be provided with a variety of powerful and essential trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You can’t create a private profile, thus making your actions public. If you do want to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from a majority of features from 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 intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able view the statistics of other traders, which could be a problem for some who may be eager to try this new tier. Profitly Vs Tradervue
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 per month, which includes 22% off for billing annually This plan offers it all. You get full, no-holds-barred access to all the options of the previous plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the opportunity to create a private profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to pick from a range of video products that are designed to educate and help you understand the nuances and pitfalls of trading. The products listed in this section of the website can be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly it’s seen as a space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. One might be laid back and rarely engaged, while another could be more active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to experienced professionals. With the variety of deals it can provide, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts and their members. They’ll also be able choose from the items from its online store that they can take with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited to the newcomers. Although the novices might not be as adept at handling trading matters, the pros already understand the way it functions and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others in order to navigate them through the ever-changing trading process. Profitly Vs Tradervue
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You will be provided with excellent lessons and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- 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 platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There is truly something for every person
- Profit.ly’s numerous packages and services offered could be too much for a lot of its users
- As traders may opt to open any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
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 intended to be created to achieve this goal. Instead, it is best to keep curiosity. Profitly Vs Tradervue
What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s range of resources helpful in their efforts to reduce loss and perform better than they did before. It’s not just the poor traders that can profit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being a better trader and want to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Profitly Vs Tradervue
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the My Trade section of the dashboard. It lets you post your trades that are verified or not. There are three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market all over the world.