Stock trading can be an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be extremely difficult to return to the point you were at your most productive. 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 losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve identified an online platform that will help you in your growth in the industry. We’ll be taking an in-depth 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 Triforce Profitly Trial
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources to facilitate trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that was never previously done.” The idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts as well as students and newsletter writers and secondly) making it possible for anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Triforce Profitly Trial
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared toward achievement. You may set up an account on the site at no cost, however you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself an opportunity to make your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its gurus. You’re not just allowed to show your worth to a large group of traders, but you can also utilize Profit.ly to buy with a guru, and have 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 information about your account with a brokerage, you may decide to share your trades, verified or not, by taking screenshots. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus in the chatroom, along with email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small-scale businesses to make the transition into a larger market because it gives them access to funds 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 at the end of his time in high school, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trading professional. When he was 25 years old Sykes was given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms, 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 place of transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Triforce Profitly Trial
At its peak, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS as well as Android devices; texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, this is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Triforce Profitly Trial
The Superman Alerts package is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, daily market commentary shown in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base provided by Superman himself through his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also have an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that cater to traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. When you sign up for this plan, you will be immediately offered a range of strong and essential trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study, sort, or filter the trades you make; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to 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 you to take advantage of the majority of features available in the Novice plan. This plan allows that you can create a private profile to share with other associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able view other traders’ stats that could be a problem for those eager to try this new tier. Triforce Profitly Trial
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, which includes a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features of the previous plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these features, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of more services it has to provide. One of them is the online store, where customers can pick from a range of videos that are designed to educate and help you understand the ins and outs of trading. The products listed on this page of the website can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You are probably familiar with chat rooms since you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly, it is seen as a real-time place where gurus and their members trade and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members. Some may be more laid back and not very often active, while another may be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and their members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as well-equipped with managing trading, the pros already understand how it works and the stack full of risks that come with it. Ideally, they may 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 as well as experts, and take advantage of 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 fun! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others in order to guide them through the ever-illustrious trading process. Triforce Profitly Trial
Profit.ly’s Pros and Pros and
- 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’ll receive excellent training and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s numerous packages and services offered could seem overwhelming for a lot of its users
- As traders may opt to open any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to immediately benefit from the number of services the platform has to offer
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used for this reason. Instead, it is best to keep the ability to think with an open heart. Triforce Profitly Trial
What we are referring to”yes” is it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful when they try their best to avoid loss and perform better than they did before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you really desire to be better at trading and wish to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Triforce Profitly Trial
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the My Trade section of the dashboard that lets you post your trades, either verified or not. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you upload 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 friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
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 version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.