Stock trading is an exciting game with high stakes. On some days, you may have the benefit of positive and satisfactory numbers. On other days it could be the reverse, and it may sometimes be very difficult to return to where you were at your best. If you are immersed in the water, you will have to recognize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe. That’s why we’ve found a platform that can support you in your improvement in the market. We’ll be taking an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Best Guru On Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informed responsible, transparent, and uplifting with each other through its broad array of tools and features like trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad variety of tools to facilitate trade and communication, it helps traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never previously done.” The idea Sykes said served two objectives: one) making public records for everyone, not just the experts, but also the newsletter authors and students, and 2) making it possible for anyone on the platform to learn from both losses and wins to benefit the industry of trading. Best Guru On Profitly
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of services and features geared at achieving success. It is possible to create an account at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a look at how the community of traders performs as well as its experts. It’s not just a way to prove that you’re worthy to the large group of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account then you could opt to post your trades, either verified or otherwise, through photographs. In Profit.ly are the vast number of trading classes and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading is a stepping stone for small-scale businesses to make the transition to a large marketplace as it gives them access to money from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift 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 educational resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have proven to make significant amounts of profit through their years of knowledge. Best Guru On Profitly
At its peak, Profit.ly had housed up to five gurus, all of them a professional 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. 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. When we take that into account we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as 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 highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is an ideal plan for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans including swing trading alerts as well as unlimited access to a library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Best Guru On Profitly
The Superman Alerts package is his package of vital features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. Once you have signed up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, and filter your trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associates all your insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. In contrast to the Novice package, this one won’t be able to see other traders’ stats, which could be a disadvantage for those anticipating this level. Best Guru On Profitly
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 per month, which includes 22% off when billed annually This plan offers everything. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these options, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of more services it has to provide. One of these is its online store, where customers can pick from a range of videos created to help you understand the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members. One might be laid back and less engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for every person.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can choose from the items on its store online to carry with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, however, they will soon learn that this is a high stakes game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as proficient in handling trading matters but the experts already know how it works along with the stack full of risks that it carries. Ideally, they may make use of Profit.ly’s range of features to their full advantage to improve their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Best Guru On Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its customers
- Since traders can choose to make any type 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 ignored.
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Best Guru On Profitly
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources to be helpful when they try their best to incur lesser losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly care about being a better trader and want to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Best Guru On Profitly
How can you make use of Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries within the My Trade’ category of the dashboard which lets you record your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is the chance that it is verifiable. This is indicated with the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
