The stock market can be an exciting game with high stakes. On some days, you may have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it can be very difficult to get back to where you were your best. If you’re immersed in the water You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced loss from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered an option that can help you in your growth in the market. We’ll take the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Atiqe Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative responsible, transparent, and to build relationships with one another through its wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those who are just beginning their journey and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts and newsletter writers and students, and 2) making it possible for all users to be enlightened by both the wins and losses to benefit the industry of trading. Atiqe Profitly
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared toward the success of their business. You can create an account at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its experts. It’s not just a way to prove your worth to a group of traders, as you are also able to use Profit.ly to purchase from a guru with the assurance that you’re confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may decide to share your trades, verified or otherwise, through pictures. Included in Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trader. At the age of 25 Sykes was given greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of 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 most appealing features is the variety of learning sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have made substantial amounts of money from their combined years of knowledge. Atiqe Profitly
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche 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 this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, as well as text, e-mail 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 package. It costs $149.95 for a month this is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading profits. Atiqe Profitly
The Superman Alerts package is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile app, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally you’ll also gain an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels, each designed for traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice 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 will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort and filter your trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing 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 do want to have access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from many of the features of the novice plan. In this plan, that you can set up an account that is private to share with other associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their skills in trading. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics that could be a problem for those who are looking forward to this tier. Atiqe Profitly
Pro Plan
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 each month with 22% off for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the options of the prior plans.
You’re not only able to see other users’ stats as well, you’re also offered the option of creating an individual profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give all the features you need to be an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the members. One might be a laid-back person who is less active, while another may be more online and communicative with their students. Consider chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer it is certain to have something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room tips from the in-house experts as well as their members. They’ll also be able to select from the products on its store online that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited to them as people who are just beginning. While the newbies may not be as proficient in managing trading but the experts already know how it works and the plethora of risks associated with it. Ideally, they may use Profit.ly’s range of features to their best advantage to enhance their trading skills. Like novices, they can learn from the top experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Atiqe Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its users
- Since traders can choose to post any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a concern that should not be overlooked.
- Profit.ly does not offer refunds as its premium users will immediately benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you should have curiosity. Atiqe Profitly
What we do mean”yes” is that it can be a great learning tool. People who are stuck may discover Profit.ly’s array of resources to be helpful in their efforts to reduce losses and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Atiqe Profitly
How do you use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade’ category of the dashboard. It lets you record your trades that are verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may result in you appearing in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market both right and left.
