Great to use as a trade journal and for following traders
I really like profit.ly mainly because it is a good way to track your previous trades, and look at your overall performance over certain time periods.
One big problem with it though is that some people don't verify their trades, so you can simply make them up. Even members that verify their trades can not post their losses, and so making it look like they are really profitable when really they might just not post all their losses. I think profit.ly should make it so you can 'skip' submitting certain trades, and it makes the whole thing kind of pointless for verifying other members trades.
The only reason I use it really is to track my own performance and to follow a few traders that seem to be honest with their trades. Some people go off their performances on profit.ly when deciding whether to buy their products, which is a bad idea as like I said earlier, you can make it look like you are successful when really you might be a complete failure.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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