Stock trading is an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however it could be the reverse and it could be very difficult to return to the point you were at your peak. If you find yourself immersed in the water it is important to realize that relying on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the world, which is why we’ve discovered an option that can help you in your improvement in the market. We’ll be taking a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Conner Brugerman Profitly
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for traders who are just beginning their journey and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The concept was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers and secondly) giving all users to be enlightened by the losses and wins to benefit the industry of trading. Conner Brugerman Profitly
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of features and services aimed at achieving the success of their business. You may set up an account for free, but you’re limited to access to the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Making an account simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. It’s not only a chance to show that you’re worthy to the group of traders. You can also use Profit.ly to purchase 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 concept of leaking your brokerage account, you may choose to publish your trades, either verified or not, via photographs. Also included in Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile, and more ways to connect with your gurus through the chatroom along with email and text alerts 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 well-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. Penny stock trading could be viewed as an opportunity for small businesses to transition to a large marketplace as they can access money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as a trader. When he was 25 years old, he had been given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped to establish 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 vast array of learning tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have made substantial profits from their combined years of experience. Conner Brugerman Profitly
At its peak, 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 experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as 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 highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, this is the perfect plan for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos, with new ones released weekly.
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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 massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Conner Brugerman Profitly
The Superman Alerts plan is an package of vital features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market updates in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge of information provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. On top of that, you’ll also get the ability to access premium reports on research and an IPO or earnings monitor.
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 resources to get you going. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, all of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone, there is a downside. You can’t create a private profile, which makes your actions public. If you’re looking 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 many of the features of the Novice plan. It is in this plan that you can set up a private profile for sharing with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to develop their skills in trading. While it’s nice, there is one significant element that’s missing. In contrast to the Novice package, you will not be able to see other traders’ stats, which could be a problem for some who may be anticipating this level. Conner Brugerman Profitly
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, and an additional 22% discount for annual billing, this tier has it all. You will have full, unrestricted access to all options of the previous plans.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create your own private profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re looking for an option that gives you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of these is its online store, which allows users to choose from a wide array of instructional videos that are that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of features and services. You are probably familiar with the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly it’s seen as a place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be a laid-back person who is not very often active, while another might be more interactive and online to their pupils. Think of the chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from novices to experienced professionals. Given the wide range of options it has to offer, the platform surely has something for all.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that this is a high-stakes game that shouldn’t be taken as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at handling trading matters but the experts already know the way it functions and the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to enhance 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-together’ nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Conner Brugerman Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will receive excellent training and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through 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 opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, you need to have the ability to think with an open heart. Conner Brugerman Profitly
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck may be able to find Profit.ly’s array of resources useful when they try their best to incur lesser loss and perform better than they did before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being better at trading and wish to learn from your mentors and peers on the way, look no further – Profit.ly may be a great choice to start.
FAQ Conner Brugerman Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there is the probability that it’s verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities both right and left.