Stock trading can be an extremely risky game. Some days, you may be reaping the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be extremely difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring occasional losses 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. That’s why we’ve identified an online platform that will help you in your growth within the field. This review will take an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Alex Chavez 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 enables traders of various levels to be informative and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are starting out and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for trade and communication and letting traders from all walks of life connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Imagine it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are valid and won’t accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes said that Profit.ly was based “on showing every trade, something that has never been done before.” This idea was, he said, serving two objectives: one) making public records for all traders, not just the gurus as well as students and newsletter writers and secondly) allowing everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Alex Chavez Profitly
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 achievement. It is possible to create an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to show value to a community of traders, but you can also utilize Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, verified or not, by taking pictures. In Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts in the chatroom, in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition into a larger market because they can access funds from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal through his many years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, made an estimated $6 million 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.” He then 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 platform for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the experts in trading who have made significant amounts of profit through their years of knowledge. Alex Chavez Profitly
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, 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. With that taken into consideration, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices, email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, it is the perfect plan for investors who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Alex Chavez Profitly
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. Additionally you’ll also have the ability to access premium reports on research and the IPO and earnings tracker.
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 resources to get you started. Profit.ly offers three membership levels that cater to traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your hands on what we could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make; and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. You can’t create a private account, making your personal information public. If you’re interested in gain access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. It is in this plan that you are able to create an account that is private for sharing with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to see the statistics of other traders this could be a disadvantage for those who are looking forward to this tier. Alex Chavez Profitly
Pro Plan
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. With $74.95 monthly, with an additional 22% discount for annual billing, this tier has it all. It gives you full, unlimited access to all features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create a private profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly has a few more services it has to provide. One of those is its online store, which lets users pick from a range of video products designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and footage from events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are as well part of Profit.ly’s array of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their members can interact and learn in real time. Each guru has their style in operating their chat room and dealing with the members there. One of them may be a laid-back person who is less active, while another might be more interactive and online to their pupils. Think of the chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from novices to the most experienced. Considering the number of offers it has to offer, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room tips by its internal gurus and their members. They’ll also be able select from the products from its online store for them to take wherever they may go. You can also get hands-on experience trading on the platform, however they’ll realize that the process is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as proficient in managing trading but the experts already know how it works along with the risky mix that come with it. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders in order to navigate them through the ever-changing trading process. Alex Chavez Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders from all over the world with a wealth of education tools, 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 assured of transparency throughout Profit.ly with accurate analytics and 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 core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- If traders decide to post any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds because the premium customers are expected to immediately benefit from the number of services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t intended to be created for this reason. Instead, you should have curiosity. Alex Chavez Profitly
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s range of resources useful when they try their best to avoid losses and perform better than before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being more successful in trading and would like to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Alex Chavez Profitly
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion within the ‘My Trade section of the dashboard. It lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is shown by the small blue check. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market both right and left.
