Stock trading is an exciting game with high stakes. On some days, you may be reaping the benefits of pleasing and positive numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to where you were at your peak. If you find yourself always in the mud You will need be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an online platform that will help you to improve your performance within the field. We’ll be taking a look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Connor Bruggemann Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informative responsible, transparent, and encouraging each other through its broad range of features and tools 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 serves both as a training and learning platform for people 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 range of resources for trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries of the platform. Consider it the social media equivalent like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never done before.” The idea Sykes said served two goals: 1.) making public records for everyone, not just the experts and students and newsletter writers, and 2) making it possible for all users to be enlightened by both the wins and losses to the benefit of the trading industry. Connor Bruggemann Profitly
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed at achieving the success of their business. 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 in order to find out which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and knowledge, then connect to your brokerage account and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs and its gurus. You’re not just allowed to prove value to a community of traders, as you are also able to use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you are unsure about the idea of divulging the details of your broker account you can opt to post your trades, either verified or not, via photographs. Included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account and other methods to communicate with your gurus in the chatroom, 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 has been famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as an avenue for small companies to move to a large marketplace as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also 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, earned more than $6 million in earnings throughout his illustrious career as trading professional. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for transparency, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have earned substantial amounts of money through their years of knowledge. Connor Bruggemann Profitly
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche within the world of trading. Some of the prominent experts were 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 and penny stock trader 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 can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to predict the next move that is possible when making trades.
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 on iOS and Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, it is a great option for investors who are committed to penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans including swing trading alerts as well as unlimited access to a collection of more than 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 by the alias “Superman,” is a professional in swing trading with an eye for both 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. Connor Bruggemann Profitly
The Superman Alerts plan is an package of vital features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile app, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. In addition you’ll also gain access to premium research reports and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign to 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 can describe as a cutthroat process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you do want to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in the novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to harness their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able to see the statistics of other traders, which might be a drawback for some who may be eager to try this new tier. Connor Bruggemann Profitly
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, and 22% off for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features from the two previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the chance to create a private profile. Both of these features, 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 everything you need as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few more services it has to provide. One of these is its online store, where customers can select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You may be familiar with chat rooms since you can see it across messaging and social platforms, in addition to a few special websites that provide live chat support. But on Profit.ly, it is seen as a hands-on area where experts and members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members. One might be more laid back and not very often active, while another might be more interactive and online in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it can provide, the platform surely has something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able select from the products in its online store for them to take wherever they travel. You can also get hands-on experiences from trading within the platform, however, they will soon learn that the process is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with years of exposure down the line, we see Profit.ly as equally as suitable to the newcomers. While novice traders may not be as adept at managing trading, the pros already understand how it works along with the risky mix associated with it. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to enhance their trading skills. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Connor Bruggemann Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its users
- As traders may opt to post any kind of trade, there’s an opportunity that some them could profit from selecting the best trades in order to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as its premium users will immediately take advantage of the numerous services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Connor Bruggemann Profitly
What we are referring to”yes” is that it can be a great learning tool. People who are stuck could be able to find Profit.ly’s array of resources to be helpful when they try their best to avoid 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!
So, if you genuinely want to become better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Connor Bruggemann 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 category on the dashboard that lets you post your trades, either verified or not. You may choose between three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high chance that it is verifiable. This is evident by the small blue check. If you post it manually or through images, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market all over the world.
