Tradervue Vs Profitly

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The stock market can be an exciting game with high stakes. Some days, you could be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be very difficult to return to the point you were at your best. If you are constantly stuck in the gutter it is important to recognize that relying on instinct and survival is not always enough.

If you’ve been incurring loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the world, which is why we’ve identified an option that can help you in your improvement in the market. This review will be taking the time to look at Profit.ly, a well-recognized single-stop social platform to trade!

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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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.

Total Rating: 4.1/5 Tradervue Vs Profitly

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

Users Experience 4.5/5

Summary

Profit.ly offers an internet-based trading service that enables traders of various levels to be informative responsible, transparent, and to build relationships with one another through its wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational material.

What is Profit.ly?

Profit.ly is a site for trading which serves as a learning and training platform for people new to trading as well as a place for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from all walks of life 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 verifies trade performances and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as it is possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.

One time , during an interview with Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing every trade, something that was never previously done.” The idea was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter writers and students as well as) making it possible for anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Tradervue Vs Profitly

How Does It How Does It

Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared toward achievement. You may set up an account at no cost, however you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offers, which we will review in the coming days.

The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to show your worth to a large group of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.

If you feel uneasy with the concept of leaking information about your account with a brokerage, you can decide to share your trades, either verified or otherwise, through photographs. In Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus via chatrooms as well as notifications via email or text as well as updates.

Tradervue Vs Profitly

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at under $5 for each share. Penny stock trading is a stepping stone for small-scale businesses to make the transition to a large marketplace as they can access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you through his many years of experience.

From his beginnings in the latter years of High School, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. At 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete through the platform.

The Profit.ly Gurus

One of Profit.ly’s most appealing features is the variety of learning resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have made significant amounts of profit from their collective years of knowledge. Tradervue Vs Profitly

At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche 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. At the time of writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru has to offer.

From Tim Sykes Tim Sykes: Tim’s Alerts

Sykes provides basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in making trades.

A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, as well as texts, emails, 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 package. It costs $149.95 monthly, it is an ideal plan for those who are more committed to penny stock trading. 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 each week.

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

Scolardi who goes under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tradervue Vs 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 an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market commentary in real-time, and E-mail and SMS alerts.

From “Superman” Paul Scolardi: Superman Pro

For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself, via his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also gain the ability to access premium reports on research and the IPO or earnings monitor.

Profit.ly plans and costs

If you’re looking to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they’ll cost you.

Novice Plan

This package for novices 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 will be immediately provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what could call a ruthless procedure in its own.

The list of features you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and lastly, look at other people’s statistics.

The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re looking to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.

The Trader Plan

The Trader plan allows you to take advantage of many of the features of the novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associates all your insights and intel in the trading community.

Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their trading skills. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, this one won’t be able to view other traders’ stats this could be a disadvantage for some who may be eager to try this new tier. Tradervue Vs Profitly

Pro Plan

The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, which includes a 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all the options of the prior plans.

Not only do you get to see other users’ stats and data, but you also have the option of creating your own private profile. Both of these options, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro level is the right choice for you!

Profit.ly’s Other Services

Apart from the provided tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, where customers can select from a variety of videos designed to inform and help you understand the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other related to trading, videos and footage from The Annual Pennystocking Conference, and other products by expert traders.

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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You may be familiar with the concept of the chat room as you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. But in Profit.ly it’s seen as a hands-on place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be laid back and less engaged, while another could be more interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in its essence.

Who is the best Trader for Profit.ly?

Profit.ly’s diverse range of products and features cater to a large variety of stock trader types, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for every person.

Newbies, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they go. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that the process is a high stakes game that should not be viewed as an opportunity to make fun of.

For the traders with decades of experience in the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While the newbies may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the risky mix that it carries. Ideally, they may use Profit.ly’s variety of features to their best advantage to enhance their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.

Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Tradervue Vs Profitly

Profit.ly’s Pros and Cons

The Pros

  • Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
  • You get to receive excellent training and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
  • You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
  • The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
  • Apart from its main abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
  • Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for everyone

The Cons

  • Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its users
  • Since traders can choose to post any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to improve their ratings This could be a risk that shouldn’t be overlooked.
  • Profit.ly does not accept refunds, as its premium users will immediately benefit from the number of services that the platform can provide

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The Final Concluding Question: Is Profit.ly Worth It?

If we could think of an answer to this question, it’s yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, you should have an open mind. Tradervue Vs Profitly

What we do mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources to be helpful as they do their best to reduce loss and perform better than they did before. It’s not only the struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!

So, if you genuinely desire to be a better trader and want to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.

FAQ Tradervue Vs Profitly

What are the best ways to use Profit.ly to make your trades public?

Profit.ly has a trade entry portion under the ‘My Trade’ category of the dashboard which allows you to post your trades, either verified or otherwise. You may choose between three options:

  1. Connecting your account to your brokerage of choice and then importing the trades from that directly
  2. Manually entering your trades using provided spaces and specifics
  3. Send a screen shot of your transactions

How do I know if the trade is verifiable or not?

If you purchase your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is shown by 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 risk of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users can see who’s fraudulent in posting trades.

Is the Profit.ly mobile app still in use?

As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.

How many people are currently connected to Profit.ly?

Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market both right and left.

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