The stock market can be a high-stakes game. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen and it could be very difficult to get back to the point you were at your peak. If you are constantly stuck in the gutter it is important to realize that relying on instinct and survival is not always enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the industry. In this review, we’ll take the time to 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.
Total Rating: 4.1/5 Wat Is Afas Profit
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 and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools like chat rooms, trade verification and a rich 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 traders who are starting out and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as the social media equivalent like Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes said that Profit.ly was based “on showing all trades, something that was never prior to.” The idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts, but also the newsletter authors and students as well as) allowing everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Wat Is Afas Profit
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of tools and services that are geared toward the success of their business. It is possible to create an account on the site at no cost, however you’re only given the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create an account with your experience and expertise, connect your brokerage account, and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at how the community of traders performs and its experts. It’s not just a way to show that you’re worthy to the group of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could opt to post your trades, either verified or not, by taking pictures. Included in Profit.ly are a variety of courses in trading, the ability to view the stats of a trader’s account and other methods to interact with your experts in the chatroom, as well as 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 trading personality who is well-known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small companies to move to a large marketplace as it gives them access to funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. At the age of 25 Sykes was given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education resources, 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 amounts of money through their years of expertise. Wat Is Afas Profit
At its height, Profit.ly had housed up to five gurus. Each 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, among a few others. At the time of writing, only two gurus remain on the 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 take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for 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 most premium, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under 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. Wat Is Afas Profit
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile application, daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also gain the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels, each designed for traders at 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 those who are new to the world of trading. When you sign to this plan, you will be immediately offered a range of strong and indispensable 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 accomplish using Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get onto leaderboards; study your trades, sort and filter your trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your personal information public. If you’re interested in have access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you can create an account that is private to share with other associate users all your knowledge and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their skills in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, you won’t be able to see the statistics of other traders this could be a problem for those anticipating this level. Wat Is Afas Profit
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month and a 22% discount for annual billing the Pro plan has everything. You will have full, unrestricted access to all features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly offers a number of more services it has to offer. One of those 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. The products listed in this section of the website can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other things trading-related, 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 as well part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room since you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members there. One of them may be laid back and not very often active, while another might be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for everyone.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items in its online store to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that the process is a high-stakes game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as proficient in managing trading, the pros already understand the way it functions and the plethora of risks that it carries. It is ideal to make use of Profit.ly’s array of features to their best advantage to develop their skills in trading. Like novices, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help assist them in the ever-changing trading process. Wat Is Afas Profit
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for everyone
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its customers
- If traders decide to open any kind of trade, there’s a possibility that some of them will profit by picking the most profitable trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created for this reason. Instead, you need to have curiosity. Wat Is Afas Profit
What we do mean”yes” is it can be a great learning tool. Those who may be stuck may discover Profit.ly’s range of resources to be helpful as they do their best to avoid loss and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you truly desire to be more successful in trading and would like to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great choice to start.
FAQ Wat Is Afas Profit
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the ‘My Trade category on the dashboard. It lets you record your trades that are verified or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is shown by the blue check mark. If you post it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unverified trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.