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Stock trading can be a high-stakes game. Some days, you might be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse, and it may sometimes be extremely difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on instinct and survival might not be enough.

If you’ve suffered loss from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe. That’s why we’ve found an online platform that will help you in your growth in the market. We’ll take the time to look at Profit.ly is a well-known one-stop social platform for trading!

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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 Reddit Profitly Students

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 different levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide array of tools and features such as trade verification, chat rooms and a rich library of educational content.

What is Profit.ly?

Profit.ly is a site for trading that serves both as a learning and education platform for traders who are just beginning their journey as well as a place 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 trade and communication that help traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Consider it an online social media platform similar to Facebook and Reddit, but for experts and traders.

Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.

One time during his interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” This idea was, he said, serving two objectives: one) creating public track records for everyone, not just the experts, but also the students and newsletter writers, and 2) making it possible for anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Reddit Profitly Students

How Does It Work?

Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. You can create an account there at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll discuss in the near future.

Making an account easy: create an account with your experience and skills, join to your brokerage account and you’ll be given a chance to shoot your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its experts. It’s not just a way to prove value to a large group of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.

If you are unsure about the idea of divulging information about your account with a brokerage, you may opt to post your trades, either verified or not, via screenshots. Included 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 communicate with your gurus via chatrooms in addition to notifications via email or text 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 his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as an opportunity for small companies to move to a large marketplace as it gives them access to capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell through his many years of experience.

Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of transparency, and to allow the community to rise and compete with each other through the platform.

The Profit.ly Gurus

One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have earned significant amounts of profit from their collective years of expertise. Reddit Profitly Students

At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of 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. When we take that into account Let’s look at the packaged offers each guru offers.

From Tim Sykes 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 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.

A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS and Android devices; email, text and push alerts; as well as a daily watchlist of stocks.

Tim Sykes: From Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is a great option for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated every week.

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The following video is from “Superman” Paul Scolardi: Superman Alerts

Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Reddit Profitly Students

The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market updates in real-time, as well as email and SMS alerts.

From “Superman” Paul Scolardi: Superman Pro

For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. In addition, you’ll also get the ability to access premium reports on research and an IPO as well as earnings tracking tool.

Profit.ly plans and costs

If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.

Novice Plan

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 package, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.

The list of features you can accomplish with Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, and filter your trades and, finally, see other’s stats.

The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. It isn’t possible to create a private profile, which makes your actions public. If you’re looking to gain access to this feature, be watching for us to introduce to you Profit.ly’s next plan.

Trader Plan

The Trader package allows users to benefit from the majority of features available in the novice plan. In this plan, that you can create a private profile to share with fellow associate users all the insights and intel in the trading community.

Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their expertise in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able to see the statistics of other traders, which might be a drawback for some who may be anticipating this level. Reddit Profitly Students

Pro Plan

The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, with 22% off for billing annually the Pro plan has it all. It gives you full, unlimited access to all features of the previous plans.

You’re not only able to view other people’s stats as well, you’re also offered the chance to create an individual profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be 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 has a few additional services that it can offer. One of them is the online store, which lets users select from a variety of videos that are designed to educate and guide you through the ins and outs of trading. The products listed on this page of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and clips of the Annual Pennystocking Conference, and products from other expert traders.

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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. Some may be laid back and less active, while another might be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum in its essence.

Who is the Ideal Trader for Profit.ly?

Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. Considering the number of offers it has to offer it is certain to have something for all.

Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and 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 experiences by trading through the platform, however they’ll be able to realize that this is a high-stakes game that should not be viewed as an amusing pastime.

For traders who have years of exposure down the line, we believe Profit.ly equally suited to the newcomers. While the newbies may not be as proficient in handling trading matters, the pros already understand the way it functions and the plethora of risks that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to improve their trading skills. Like novices, they can study from the gurus and experts , and use those short tips and tricks throughout the process.

Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the enjoyment! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Reddit Profitly Students

Profit.ly’s Pros and Cons

The Pros

  • Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education, communication, and trading tools
  • You will be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and trading in real-time.
  • You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
  • The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
  • In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via screenshots
  • Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for everyone

The Cons

  • Profit.ly’s numerous packages and products offered may seem overwhelming for most of its users
  • If traders decide to open any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
  • Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the many features the platform is able to provide

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The Final Concluding Question is: Is Profit.ly Valued?

If we were able to come up with an answer to this question, it’s yes. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep curiosity. Reddit Profitly Students

What we do mean”yes” is it could be a useful learning tool. Those who may be stuck may find Profit.ly’s array of resources helpful when they try their best to reduce losses and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!

If you truly desire to be better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.

FAQ Reddit Profitly Students

How can you make use of Profit.ly to publish your trades?

Profit.ly has a trade entry portion within the My Trade section of the dashboard which allows you to post your trades, verifiable or otherwise. There are three options:

  1. Linking your account to the broker of choice and import the trades from that directly
  2. Manually entering your trades using the spaces provided and details
  3. Take a photo of your transactions

How do I know whether the trade is authentic or not?

If you purchase your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.

The downside of having an unauthenticated trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.

Does 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 the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.

How many people are connected to Profit.ly?

Profit.ly is currently home to over 150,000 traders and investors, as they not only are trying to maximize profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market all over the world.

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