Stock trading can be a high-stakes game. Some days, you might have the benefit of positive and satisfactory numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to return to the point you were at your peak. If you’re immersed in the water You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve discovered a platform that can support you to improve your performance in the industry. We’ll take an in-depth look at Profit.ly A well-respected 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 Connor Bruggemen Profitly Review
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide array of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders new to trading as well as a place for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast range of resources for communication and trade that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform for trading 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 established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been prior to.” The concept was, he said, serving two purposes: 1) keeping track of public data for everyone, not just the experts, but also the newsletter authors and students, and 2) giving all users to gain insight into the losses and wins to the benefit of the trading industry. Connor Bruggemen Profitly Review
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. It is possible to create an account for free, but you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a look at their performance as a trading group as well as 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 purchase with a professional with the confidence that you are confident of their knowledge and the credibility of their assertions.
If you are unsure about the idea of divulging the details of your broker account then you could decide to share your trades, verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, as well as 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 trader who is famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as a stepping stone for small companies to move into a larger market because it allows them to access money from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell because of his decades of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. At the age of 25 Sykes was given more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to the trading experts who have earned substantial profits through their years of expertise. Connor Bruggemen Profitly Review
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who 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 the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A purchase on its own in 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 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 for a month this is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Connor Bruggemen Profitly Review
The Superman Alerts plan is an offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge of information provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership levels, each designed for traders of different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. As you sign up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, each of them integral in keeping your hands on what we could call a ruthless procedure in its own.
Some of the features you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
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 account that is private to share with other associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ stats this could be a problem for those who are looking forward to this tier. Connor Bruggemen Profitly Review
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 per month, which includes an additional 22% discount when billed annually the Pro plan has it all. You will have full, unrestricted access to all features of the prior plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the chance to create a private profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of other services they offer. One of these is its online store, which allows users to choose from a wide array of video products that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and clips 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 range of features and services. You may be familiar with chat rooms since you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly, it is seen as a place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members. One of them may be more laid back and not very often active, while another might be more online and communicative with their students. Think of the chat rooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it has to offer it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may be. You can also get hands-on experience trading on the platform, but eventually they’ll realize that trading is a risky game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suited to people who are just beginning. While the newbies may not be as proficient in managing trading, the pros already understand how it works along with the plethora of risks that it carries. It is ideal to utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like beginners, they can learn from the top experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Connor Bruggemen Profitly Review
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You will be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic 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 variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
- Profit.ly’s bountiful stream of packages and services offered could not be enough for a lot of its customers
- Since traders can choose to open any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the number of services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, you should have an open mind. Connor Bruggemen Profitly Review
What we mean”yes” is that it could be a useful learning tool. People who are stuck might find Profit.ly’s range of resources helpful when they try their best to reduce losses and perform better than before. It’s not only the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly desire to be better at trading and wish to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Connor Bruggemen Profitly Review
How can you make use of Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the ‘My Trade category on the dashboard that lets you post your trades, either verified or not. There are three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is indicated with the small blue check. If you post the information manually or via images, it will be classified as unverified.
The disadvantage of an unverified trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, 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 works with all functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.