Stock trading is a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be very difficult to get back to where you were at your best. If you find yourself always in the mud, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe, which is why we’ve found a platform that can support you in your improvement in the market. This review will be taking an in-depth look at Profit.ly A well-respected one-stop 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 Which Is Your Celebrity Look Alike 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 allows traders of different levels to be informative responsible, transparent, and encouraging each other through its broad range of features and tools like chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders 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. Offering users a broad range of resources for trade and communication and letting traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” This idea, he added, served two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers and secondly) making it possible for everyone on the platform to learn from both the wins and losses to benefit the industry of trading. Which Is Your Celebrity Look Alike Profitly
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of features and services aimed toward success. You may set up an account there for free, but you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is easy: create an account with your experience and expertise, connect your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of their performance as a trading group and its experts. It’s not just a way to show that you’re worthy to the group of traders. You can also use Profit.ly to shop with a guru, and have the confidence that you are confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, verified or otherwise, through photographs. In Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom as well as email and text alerts as well as 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 the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. At the age of 25 Sykes was given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have earned substantial profits from their collective years of knowledge. Which Is Your Celebrity Look Alike Profitly
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus 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 Let’s look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, as well as 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 version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month this is the perfect plan for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Which Is Your Celebrity Look Alike Profitly
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. On top of that you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels, each designed for traders with different levels. Let’s look at what the three tiers 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 world. When you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, lastly, view 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, thus making your personal information public. If you’re interested in get an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to use many of the features of The Novice package. It is in this plan that you are able to create a private profile to share with other associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, this one won’t be able to see other traders’ stats, which could be a problem for those who are looking forward to this tier. Which Is Your Celebrity Look Alike Profitly
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, and a 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all features from the two previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create an individual profile. These two features are plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, which lets users select from a variety of video products that are designed to educate and guide you through 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 such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You are probably familiar with the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a hands-on area where experts and members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members there. One of them may be a laid-back person who is less active, while another might be more online and communicative with their students. Think of chat rooms as Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock trader types, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room advice from its in-house gurus and members. Additionally, they can select from the products in its online store that they can take with them wherever they be. Additionally, they can gain practical experience trading on the platform, however, they will soon learn that trading is a high stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as well-equipped with managing trading however, experienced traders know the way it functions and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Which Is Your Celebrity Look Alike Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and insights from its inside experts, as well as libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question 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 it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have curiosity. Which Is Your Celebrity Look Alike Profitly
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s range of resources useful in their efforts to incur lesser losses and be more successful than they did before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really care about being 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 option to begin.
FAQ Which Is Your Celebrity Look Alike Profitly
How do you use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the ‘My Trade category on the dashboard that lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are on 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 grow and learn more about acquiring stock market opportunities left and right.
