The stock market can be an exciting game with high stakes. Some days, you could have the benefit of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to return to where you were your best. If you’re constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving 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. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance within the field. This review will take a look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Triforce Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informed responsible, transparent, and encouraging each other by offering a wide array of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade, it helps traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are valid and won’t allow for fraud as much as it is possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The idea was, he said, serving two goals: 1.) creating public track records for not just the gurus as well as newsletter authors and students and secondly) allowing all users to learn from both losses and wins for the trading industry’s benefit. Triforce Profitly
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared at achieving achievement. You can create an account on the site for free, but you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and skills, join to your brokerage account, and you have yourself the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to prove value to a large group of traders, but you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you may opt to post your trades, whether verified or otherwise, through photographs. In Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile and other methods to interact with your experts in the chatroom, along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as an opportunity for small businesses to transition to a market that is larger as they can access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in the latter years of High School, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning sources, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make substantial profits through their years of expertise. Triforce Profitly
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the trading industry. Some of the most famous gurus 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: 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 take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices, as well as texts, emails, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 per month, it is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts and unlimited access to a library of over 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Triforce Profitly
The Superman Alerts plan is an package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile application, daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. On top of that, you’ll also get 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 eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that cater to traders of different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. Once you have signed up for this plan you’ll be offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You can’t create a private account, making your personal information public. If you’re interested in get the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use a majority of features from the novice plan. In this plan, that you are able to create an account that is private to share with fellow associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, this one won’t be able to view other traders’ stats this might be a drawback for those who are looking forward to this tier. Triforce Profitly
Pro Plan
This is by far the highest premium package that Profit.ly offers to experienced traders. With $74.95 per month, which includes a 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all the features from the two previous plans combined.
You’re not only able 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 that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, which lets users choose from a wide array of video products created to 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. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips 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 features and services. You’re probably 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 offer live chat assistance. But on Profit.ly the chat room is viewed as a real-time area where experts and members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One might be more laid back and not very often active, while another might be more active and in touch 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 diverse range of products and features are geared towards the wide range of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers this platform definitely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able choose from the items in its online store to carry with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the road, we consider Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as proficient in dealing with trading issues however, experienced traders know how it works and the risky mix that come with it. It is ideal to make use of Profit.ly’s range of features to their best advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. Triforce Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its customers
- If traders decide to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to increase the rating this could be a concern that should not be ignored.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the many services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, it is best to keep curiosity. Triforce Profitly
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources useful when they try their best to avoid losses 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!
If you really care about being more successful in trading and would like to learn from your mentors and peers on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Triforce Profitly
How do you use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the My Trade category on the dashboard which lets you post your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you upload the information manually or via pictures, it will be classified as unverified.
The downside of having an unverified trade is the chance of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are trying to maximize profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.
