Stock trading is a high-stakes game. Some days, you might have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it could be very difficult to get back to the point you were at your most productive. If you find yourself always in the mud it is important to recognize that relying on pure instinct and preservation might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve found a platform that can support you in your growth in the industry. This review will take the time to look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Artofwar Profitly
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed, transparent, accountable, and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people new to trading and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing every trade, something that was never previously done.” The idea, he added, served two purposes: 1) creating public track records for not just the gurus as well as newsletter authors and students, and 2) giving everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Artofwar Profitly
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. You may set up an account for free, but you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at how the community of traders performs and its experts. It’s not just a way to prove your worth to a community of traders, as you can also utilize Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you’re not comfortable with the idea of sharing your brokerage account, you can opt to post your trades, whether verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of courses in trading, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as they can access money from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trading professional. At 25 years old Sykes was given more exposure and a wider influence over time when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place for transparency 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 wide range of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money through their years of knowledge. Artofwar Profitly
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their niche within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on this platform: 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
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS and Android devices, as well as email, text, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month this is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with 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 trading profits. Artofwar Profitly
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, the daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge provided by Superman himself through his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. In addition you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of tools 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.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign up for this package, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you do want to gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the novice plan. In this plan, that you are able to create a private profile for sharing with fellow associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to improve their trading skills. While it’s nice, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to view the statistics of other traders this could be a problem for those eager to try this new tier. Artofwar Profitly
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month and a 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all the options of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of more services it has to offer. One of those is its online store, which allows users to select from a variety of videos created to guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and clips 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 variety of features and services. You are probably familiar with chat rooms since you can see it across social and messaging platforms in addition to a few special websites that offer live chat assistance. However, in Profit.ly, it is seen as a space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members there. One might be laid back and less engaged, while another could be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for all.
Newbies, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can pick from the merchandise available in its online store that they can take with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to them as the newcomers. While novice traders may not be as proficient in managing trading, the pros already understand how it works and the risky mix associated with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to develop their skills in trading. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to help assist them in the ever-changing trading process. Artofwar Profitly
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and tips from the in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary 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 diverse range of packages and subscription levels are priced at reasonable prices There’s something for every person
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds as its premium users will immediately benefit from the number of features the platform is able to provide
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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 an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, you need to have curiosity. Artofwar Profitly
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s variety of resources to be helpful as they do their best to reduce losses and perform better than before. Not only struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Artofwar Profitly
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the ‘My Trade section of the dashboard that lets you post your trades that are verified or not. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you post it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring stock market opportunities both right and left.