Stock trading can be an extremely risky game. On some days, you might have the benefit of positive and satisfying numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to where you were your most productive. If you’re immersed in the water You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve identified an online platform that will help you to improve your performance in the market. We’ll take the time to look at Profit.ly A well-respected 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 Superman Trades Profitly
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for traders new to trading and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines of this platform. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The concept was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers and secondly) giving everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Superman Trades Profitly
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of services and features geared toward the success of their business. You can create an account on the site at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account and you’ll have an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group and its gurus. It’s not just a way to prove that you’re worthy to the group of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you may choose to publish your trades, whether verified or not, by taking photographs. Included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile and other methods to connect with your gurus via chatrooms along with 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 is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as a stepping stone for small companies to move to a market that is larger as they can access funds from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profit 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 was a part of the reality TV show “Wall Street Warriors.” He made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make substantial profits through their years of expertise. Superman Trades Profitly
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: the founder and 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 what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and Android devices; email, text and push alerts as well as a daily watchlist of stocks.
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 this is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes swing trading alerts and unlimited access to a rich collection of more than 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 trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Superman Trades Profitly
The Superman Alerts plan is his offer of the most essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base that is provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that you’ll also have an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign to this plan, you will be immediately offered a range of strong and vital trading tools, all one of them essential in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private account, making your actions public. If you do want to gain an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the Novice plan. This plan allows that you can set up an individual profile that allows you to share with other associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ stats, which could be a problem for those eager to try this new tier. Superman Trades Profitly
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, and 22% off for billing annually This plan offers everything. You will have full, unrestricted access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating a private profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few other services they provide. One of these is its online store, where customers can select from a variety of video products that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and footage of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly it’s seen as a real-time area where experts and members trade and learn in real time. Each guru has their style in operating their chat room and in dealing with the members. Some may be more laid back and less engaged, while another could be more active and in touch with their students. Think of the chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer this platform definitely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. Not only will they be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able choose from the items in its online store that they can take with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll be able to realize that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as proficient in dealing with trading issues but the experts already know how it works along with the risky mix associated with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to enhance their trading skills. Like novices, they can learn from the top experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! People in the trade industry who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Superman Trades Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, 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 live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- As traders may opt to open any kind of trade, there is the possibility that some of them will profit by cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the many features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, you should have an open mind. Superman Trades Profitly
What we do mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources to be helpful as they do their best to incur lesser loss and perform better than before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Superman Trades Profitly
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion in the My Trade’ category of the dashboard that lets you post your trades, either verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is shown by the blue check mark. If you submit it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market left and right.