Stock trading is an extremely risky game. Some days, you could have the benefit of positive and satisfactory numbers. On other days, however you may experience the opposite and it could be very difficult to return to where you were your best. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe. That’s why we’ve discovered an option that can help you in your growth within the field. In this review, we’ll take 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Djleon Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be informative, transparent, accountable, and encouraging each other through its broad array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that was never done before.” The concept Sykes said served two objectives: one) creating public track records for everyone, not just the experts as well as newsletter authors and students and secondly) making it possible for all users to learn from both losses and wins to the benefit of the trading industry. Djleon Profitly
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared toward achievement. You can create an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself the chance to climb your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs and its gurus. It’s not only a chance to prove value to a community of traders, but you can also utilize Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you can choose to publish your trades, verified or not, via photographs. In Profit.ly are the vast number of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts 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 is well-known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market is an avenue 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’s also an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned significant amounts of profit from their collective years of experience. Djleon Profitly
At its height, Profit.ly had housed up to five gurus, each of them an expert in their niche in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. In light of that, let’s take a look at the packaged offers each guru can offer.
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. At $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, as well as texts, emails 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 monthly, it is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in prior plans, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Djleon Profitly
The Superman Alerts plan is an package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile app, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. In addition you’ll also have the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
This package for novices 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’ll be provided with a variety of powerful and vital trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow 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, view other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you do want to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from many of the features of the Novice plan. It is in this plan that you can create a private profile to share with other associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their trading skills. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to see the statistics of other traders that could be a disadvantage for those who are eager to try this new tier. Djleon Profitly
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. At $74.95 each month which includes an additional 22% discount for annual billing, this tier has it all. You get full, no-holds-barred access to all options of the previous plans.
Not only do you get to see other users’ stats, but you’re also given the option of creating your own private profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few more services it has to provide. One of these is its online store, which lets users choose from a wide array of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and footage from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You’re probably familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members. One of them may be laid back and rarely active, while another might be more active and in touch in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it can provide it is certain to have something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able to select from the products in its online store that they can take with them wherever they may be. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as proficient in managing trading but the experts already know the way it functions and the risky mix that it carries. It is ideal to make use of Profit.ly’s range of features to their best advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
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 enjoyment! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Djleon Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
- You get to receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other 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 verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for the majority of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users will immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could think of the answer, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used in this way. Instead, you need to have an open mind. Djleon Profitly
What we are referring to”yes” is it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s range of resources to be helpful when they try their best to reduce loss and perform better than they did before. It’s not only the poor traders that can profit from the platform. It is able to accommodate novices and even experts!
If you really desire to be better at trading and wish to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Djleon Profitly
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the “My Trade’ category of the dashboard that 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 provided spaces and specifics
- Upload a screenshot of your transactions
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is shown by the blue check mark. If you post it manually or through images, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, 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 all over the world.
