Stock trading is an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be very difficult to return to where you were your most productive. If you find yourself always in the mud, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve identified a platform that can support you in your growth in the market. We’ll be taking 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 Profity Gutscheine
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people new to trading and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from all walks of life connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been previously done.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus, but also the students and newsletter writers and secondly) allowing all users to be enlightened by the losses and wins to the benefit of the trading industry. Profity Gutscheine
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed toward success. 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 activities of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into how the community of traders performs and its experts. You’re not just allowed to show your worth to a community of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you may choose to publish your trades, whether verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, along with 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 involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access capital from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” He made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also played a role in establishing 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 sweet inclusions is the variety of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have proven to make substantial amounts of money from their collective years of knowledge. Profity Gutscheine
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices; text, e-mail and push alerts and a daily stock watchlist.
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 investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Profity Gutscheine
The Superman Alerts package is his offer of the most essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market commentary shown in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that, you’ll also get the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, 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 take a look at what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. When you sign up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your activities publicly available. If you do want to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics this could be a disadvantage for some who may be eager to try this new tier. Profity Gutscheine
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. With $74.95 per month, and 22% off for billing annually the Pro plan has everything. You will have full, unrestricted access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics and data, but you also have the option of creating an individual profile. These two features are plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro tier could be ideal 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 provide. One of those is its online store, which allows users to choose from a wide array of video products created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and scenes of events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You are probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a area where experts and members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One might be laid back and not very often active, while another may be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able select from the products on its store online that they can take with them wherever they be. They can also gain hands-on experiences by trading through the platform, but ultimately, they will soon learn that the process is a risky game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as adept at handling trading matters however, experienced traders know how it works and the plethora of risks associated with it. Ideally, they may use Profit.ly’s variety of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the excitement! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to navigate them through the ever-changing trading process. Profity Gutscheine
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature 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 needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its customers
- As traders may opt to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers will immediately benefit from the number of services that the platform can provide
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The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Profity Gutscheine
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may discover Profit.ly’s array of resources to be helpful as they do their best to avoid losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be better at trading and wish to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profity Gutscheine
How can you make use of Profit.ly to publish your trades?
Profit.ly offers a trade entry portion within the ‘My Trade category on the dashboard which allows you to post your trades that are verified or not. You may choose between three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is the chance that it is verifiable. This is shown by the blue check mark. If you submit it manually or through pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from fellow peers. Too many downvotes may result in you appearing on the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still available?
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 version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of stock market opportunities both right and left.
