The stock market can be a high-stakes game. On certain days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you’re immersed in the water You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe. That’s why we’ve identified a platform that can support you in your improvement in the industry. This review will take a 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Sykes Timber Yard Atherstone
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informed and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are starting out and as a hub for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded 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 publication, Sykes stated that Profit.ly was based “on showing every trade, something that has never been done before.” This idea was, he said, serving two goals: 1.) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers and secondly) allowing everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Sykes Timber Yard Atherstone
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of features and services aimed at achieving achievement. It is possible to create an account at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is easy: create an account with your experience and expertise, connect your brokerage account, and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community as well as its experts. It’s not only a chance to demonstrate your worth to a group of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you may choose to publish your trades, verified or not, via photographs. Also included in Profit.ly are the vast number of trading classes and the capability to see the stats of a trader’s account and other methods to interact with your experts through 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 trader who has been famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small companies to move to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for 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 amazing features is the vast array of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have proven to make substantial amounts of money from their collective years of experience. Sykes Timber Yard Atherstone
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is the perfect plan for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released each 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 small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Sykes Timber Yard Atherstone
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist as well as the mobile app, daily market updates in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also have the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your actions public. If you’re looking to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package lets users to benefit from many of the features of the novice plan. In this plan, that you can set up an individual profile that allows you for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to harness their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those eager to try this new tier. Sykes Timber Yard Atherstone
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, and an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all the options of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating a private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few additional services that it can provide. One of them is the online store, where customers can choose from a wide array of video products designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You’re probably familiar with the chat room as you will see it on social and messaging platforms and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a real-time space where experts and their members can interact and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members. Some may be a laid-back person who is less active, while another might be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. They will also get daily videos and chat room advice by its internal 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 go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to them as people who are just beginning. Although the novices might not be as proficient in managing trading but the experts already know the way it functions and the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their trading abilities. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the excitement! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Sykes Timber Yard Atherstone
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with a wealth of education tools, communication, and trading tools
- You will receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its users
- If traders decide to make any type of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created for this reason. Instead, you should have an open mind. Sykes Timber Yard Atherstone
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could find Profit.ly’s array of resources useful when they try their best to reduce losses and be more successful than they did before. Not only struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your fellows and gurus on the way, look no further – Profit.ly could be a good option to begin.
FAQ Sykes Timber Yard Atherstone
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the ‘My Trade category on the dashboard. It lets you record your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is indicated with the blue check mark. If you submit the information manually or via images, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via 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 on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.