Stock trading is a high-stakes game. On some days, you might have the benefit of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your peak. If you find yourself immersed in the water You will need to realize that relying on instinct and survival is not always enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve discovered an option that can help you in your growth in the market. We’ll be taking a look at Profit.ly, a well-recognized one-stop 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Steven Dux Profitly Chart
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable responsible, transparent, and encouraging each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people new to trading and also as a platform for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad range of resources for communication and trade and letting traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are authentic and won’t accept fake news as long as it is possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine, Sykes said that Profit.ly was based “on showing all trades, something that has never been previously done.” The idea Sykes said served two purposes: 1) making public records for everyone, not just the experts, but also the newsletter writers and students, and 2) giving anyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Steven Dux Profitly Chart
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of services and features geared at achieving success. You can create an account there at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate your worth to a group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the credibility of their claims.
If you are unsure about the idea of sharing the details of your broker account you can opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms 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 guru who is well-known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. Penny stock trading is an avenue for small-scale businesses to make the transition to a large marketplace as they can access money from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profit throughout his illustrious career as a trader. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a place of transparency, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial amounts of money from their combined years of experience. Steven Dux Profitly Chart
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is a great option for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans such as swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Steven Dux Profitly Chart
The Superman Alerts plan is an offer of the most essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself, via Superman Pro. 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 previous lessons. In addition 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 eager to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform has three membership tiers, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. As you sign up for this plan, you will be immediately offered a range of strong and essential trading tools, each of which is essential to keep your hands on what we call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you’re interested in gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the novice plan. This plan allows that you can set up an account that is private to share 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 catering people who want to harness their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. As opposed to the prior Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for those who are eager to try this new tier. Steven Dux Profitly Chart
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, and 22% off when billed annually This plan offers everything. You get full, no-holds-barred access to all the features from the two previous plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these options, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly offers a number of additional services that it can offer. One of these is its online store, which lets users pick from a range of instructional videos that are designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. Some may be more laid back and less engaged, while another could be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the best 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. Considering the number of offers it can provide it is certain to have something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they be. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that the process is a high-stakes game that should not be viewed as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to them as people who are just beginning. Although the novices might not be as adept at dealing with trading issues however, experienced traders know how it works and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s array of features to their full advantage to improve their skills in trading. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to help assist them in the ever-changing trading process. Steven Dux Profitly Chart
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its customers
- As traders may opt to open any kind of trade, there is an opportunity that some them will profit by picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally designed to be used in this way. Instead, you need to have the ability to think with an open heart. Steven Dux Profitly Chart
What we are referring to by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could be able to find Profit.ly’s variety of resources helpful when they try their best to reduce loss and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely desire to be better at trading and wish to be taught by your peers and experts on the way, look no further – Profit.ly is a fantastic choice to start.
FAQ Steven Dux Profitly Chart
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the “My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s an excellent likelihood that it can be verified. This is evident by the blue check mark. If you post it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities in the stock market left and right.
