The stock market can be a high-stakes game. On some days, you might enjoy the benefits of positive and satisfying numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were at your peak. If you are constantly stuck in the gutter it is important to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve found an option that can help you to improve your performance within the field. We’ll take the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Does Profitly Work
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of various levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide range of features and tools including trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those who are starting out as well as a place for experienced traders to track their performance with the help of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries that the site. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long 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.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been done before.” This idea Sykes said served two objectives: one) keeping track of public data for not just the gurus and newsletter writers and students, and 2) allowing everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Does Profitly Work
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared at achieving achievement. You can create an account at no cost, however you’re only given the capability to browse the leaderboard and observe the activities 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 join one of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into their performance as a trading group as well as its experts. It’s not just a way to prove value to a community of traders, but you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account you can choose to publish your trades, either verified or not, by taking screenshots. In Profit.ly is the huge selection of trading courses and the capability to see statistics on a person’s profile, and more ways to interact with your experts in the chatroom, along with text and e-mail alerts and updates.
Meet 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 Penny stock is a small business’s shares that trade for less than $5 per share. Penny stock trading could be viewed as a stepping stone for small companies to move to a market that is larger as they can access funds from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of expertise.
From his beginnings 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 trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have made substantial amounts of money from their collective years of knowledge. Does Profitly Work
At its height, 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 prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on the platform: 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 take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to observe him focus on fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices, as well as texts, emails, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Does Profitly Work
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally you’ll also gain access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that cater to traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your fingers on what could call a ruthless process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private profile, which makes your actions public. If you’re looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the novice plan. It is in this plan that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able view other traders’ statistics that could be a disadvantage for those who are anticipating this level. Does Profitly Work
This is by far the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, with 22% off for billing annually, this tier has everything. You get full, no-holds-barred access to all the features of the previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating your own private profile. Both of these options, plus the other advantages that you can utilize to the maximum extent. If you’re in search of an option that gives you everything you need as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can select from a variety of videos designed to inform and help you understand the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other things trading-related, clips and scenes from the Annual Pennystocking Conference, and other products by expert traders.
The integrated chat rooms are included in Profit.ly’s range of features and services. You may be familiar with the chat room as you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a area where experts and members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One might be more laid back and rarely active, while another might be more active and in touch in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, ranging from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based materials available across the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able to select from the products from its online store for them to take wherever they may travel. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that the process is a high-stakes game that should not be viewed as a joke.
For traders who have decades of experience in the road, we consider Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as adept at dealing with trading issues but the experts already know the way it functions and the plethora of risks that it carries. Ideally, they may use Profit.ly’s range of options to their maximum advantage to improve their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Does Profitly Work
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous 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 provided with excellent lessons and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for all
- Profit.ly’s bountiful stream of packages and services offered could be too much for the majority of its customers
- Since traders can choose to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the many services the platform has to offer
The Final Concluding Question: Is Profit.ly worth it?
If we could think of the answer, it’s yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally designed to be used for this reason. Instead, you should have curiosity. Does Profitly Work
What we mean”yes” is it can be a great learning tool. For those who are struggling, they could be able to find Profit.ly’s array of resources useful as they do their best to reduce loss and perform better than they did before. Not only poor traders that can benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really want to become better at trading and wish to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Does Profitly Work
How do you use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the “My Trade category on the dashboard which lets you post your trades that are verified or not. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is the probability that it’s verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be assigned as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.