The stock market can be an extremely risky game. On certain days, you could have the benefit of pleasing and positive numbers. However, on other days it could be the reverse and it could be extremely difficult to get back to where you were your best. If you’re immersed in the water You will need to recognize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve found a platform that can support you in your improvement within the field. This review will be taking a look at Profit.ly is a well-known all-in-one 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.
Total Rating: 4.1/5 At09 Profitly
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of different levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for traders who are starting out and as a hub for experienced traders to track their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options for communication and trade that help traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Think of it as a social media site akin to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as it is possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been previously done.” The concept, he added, served two purposes: 1) creating public track records for not just the gurus as well as newsletter authors and students and secondly) allowing everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. At09 Profitly
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of tools and services that are geared toward achievement. You can create an account on the site at no cost, however you’re limited to access to the leaderboards and monitor the activities of non-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 subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users an insight into their performance as a trading group and its gurus. It’s not just a way to demonstrate your worth to a large group of traders, as you are also able to use Profit.ly to buy with a professional with the confidence that you are confident in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing your brokerage account, you can decide to share your trades, verified or not, by taking screenshots. Included in Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile and other methods to connect with your gurus via chatrooms as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market can be seen as an avenue for small businesses to transition into a larger market because they can access money from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to trading. He also helped to establish Profit.ly as a platform for transparency, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their combined years of expertise. At09 Profitly
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, email, text, 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. Priced at $149.95 per month, it is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver includes all the basic features found in the previous plan, which includes alerts for swing trading and access to a library of over 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. At09 Profitly
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to get you started. The platform offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three are and how much they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign up for this plan you’ll be given a slew of robust and essential trading tools, all of them integral in keeping your fingers on what call a competitive process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to have access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows you to take advantage of many of the features of the novice plan. It is in this plan that you can create an individual profile that allows you to share with other associate users all the insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to develop their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to see the statistics of other traders this might be a drawback for some who may be anticipating this level. At09 Profitly
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, with an additional 22% discount for annual billing, this tier has everything. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating a private profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few more services it has to offer. One of them is the online store, where customers can choose from a wide array of videos created to provide guidance on the ins and outs of trading. The products listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time 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. One of them may be a laid-back person who is rarely engaged, while another could be more interactive and online to their pupils. Think of the chat rooms like 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 are geared towards the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able to select from the products from its online store that they can take with them wherever they may go. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that the process is a risky game that should not be viewed as a joke.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to them as those who are just starting. Although the novices might not be as well-equipped with managing trading however, experienced traders know how it works along with the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to improve their trading skills. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. At09 Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with a wealth of education, communication, and trading tools
- You will receive excellent training and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds because its premium users are expected to instantly take advantage of the numerous 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 the answer, it’s a ‘yes’. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have an open mind. At09 Profitly
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck could be able to find Profit.ly’s variety of resources helpful when they try their best to reduce loss and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become more successful in trading and would like to learn from your peers and experts on the way, look no further – Profit.ly could be a good choice to start.
FAQ At09 Profitly
How do you use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the ‘My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is a high 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 assigned as unverified.
The drawback of posting an unverified trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.