The stock market can be an extremely risky game. On some days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to where you were at your best. If you find yourself immersed in the water, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve discovered a platform that can support you to improve your performance in the industry. In this review, we’ll take a look at Profit.ly is a well-known single-stop social platform to trade!
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.
Total Rating: 4.1/5 Quant Trading 101 Profitly Discount Code
User Experience: 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed and accountable, as well as transparent and uplifting with one another through its wide range of features and tools including chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those new to trading and as a hub for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication, it helps traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances 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 trades are authentic and won’t accept fake news as long as is humanly possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never previously done.” The idea, he added, served two goals: 1.) making public records for not just the gurus and newsletter authors and students, and 2) allowing anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Quant Trading 101 Profitly Discount Code
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared toward success. It is possible to create an account at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offerings that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and knowledge, then 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 mentioned previously was designed to offer its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to prove your worth to a large group of traders, as you are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through pictures. In Profit.ly are a variety of trading classes, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms 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 personality who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition into a larger market because it gives them access to funds from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as a trader. When he was 25 years old, he had been given greater exposure and a larger reach of influence when he was a part of the reality show “Wall Street Warriors.” He then used the opportunity to create trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for openness, 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 vast array of learning tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have earned substantial profits from their combined years of experience. Quant Trading 101 Profitly Discount Code
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: 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 take a look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, as well as email, text, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, it is the perfect plan for those who are more committed to investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Quant Trading 101 Profitly Discount Code
The Superman Alerts plan is an offer of the most essential 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 application, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base provided by Superman himself via the Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels that cater to 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 just beginning their journey to the trading world. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study, sort, or filter the trades you make; and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your personal information public. If you’re looking to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader plan allows users to benefit from a majority of features from the Novice plan. In this plan, that you are able to create a private profile for sharing with fellow associates all your insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their trading skills. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics that could be a disadvantage for those anticipating this level. Quant Trading 101 Profitly Discount Code
This is by far the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 monthly, which includes 22% off for billing annually the Pro plan has everything. You will have full, unrestricted access to all options of the prior plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. Both of these features, on top of all the benefits that you can use to the maximum extent. 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 trainer tools and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You’re probably familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly the chat room is viewed as a place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members there. Some may be more laid back and rarely active, while another might be more active and in touch with their students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for all.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based 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 to choose from the items from its online store for them to take wherever they may travel. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a high stakes game that should not be viewed as an amusing pastime.
For the traders with many years of experience down the line, we believe Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know how it works and the risky mix that come with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the excitement! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others in order to guide them through the ever-illustrious trading process. Quant Trading 101 Profitly Discount Code
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and insights from its internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost – there truly is something for all
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its users
- Since traders can choose to make any type of trade, there’s the possibility that some of them could profit from picking the most profitable trades to boost their rating This could be a concern that should not be overlooked.
- Profit.ly does not accept refunds as its premium users are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Verdict is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed to achieve this goal. Instead, you should have an open mind. Quant Trading 101 Profitly Discount Code
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck might find Profit.ly’s variety of resources to be helpful when they try their best to reduce loss and perform better than they did before. Not only poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be better at trading and wish to be taught by your peers and experts on the way, look no further – Profit.ly could be a good option to begin.
FAQ Quant Trading 101 Profitly Discount Code
How can you make use of Profit.ly to publish your trades?
Profit.ly offers a trade entry portion under the “My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- 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
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing in 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 this writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market left and right.