Stock trading can be a high-stakes game. On certain days, you may have the benefit of positive and satisfying numbers. On other days it could be the reverse and it can be extremely difficult to get back to where you were at your best. If you’re constantly stuck in the gutter it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you in your improvement in the market. This review will be taking an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Foes Profitly Renew Monthly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informative responsible, transparent, and uplifting with each other by offering a wide variety of tools and features such as trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for traders new to trading and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. Providing users with a wide range of resources for communication and trade that help traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. 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 stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that was never prior to.” This idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts and newsletter authors and students and secondly) giving all users to gain insight into the losses and wins to the benefit of the trading industry. Foes Profitly Renew Monthly
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of tools and services that are geared toward success. You can create an account at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll have the chance to climb through high on the leaderboard. 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 experts. You’re not just allowed to show value to a large group of traders, but you can also use Profit.ly to buy with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you are unsure about the idea of sharing your brokerage account, then you could decide to share your trades, verified or not, via pictures. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to connect with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The trading of penny stocks is an opportunity for small companies to move to a large marketplace as it allows them to access money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of experience.
Beginning in his late years in High School, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. At the age of 25, 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 made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other through 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 in-house experts of the platform. The gurus in question refer to the experts in trading who have earned substantial amounts of money from their combined years of knowledge. Foes Profitly Renew Monthly
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A single purchase 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; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is an ideal plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features of prior plans, including swing trading alerts as well as unlimited access to a library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “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 he began as a trader, Superman has amassed over $5.5 million in trading earnings. Foes Profitly Renew Monthly
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, daily market updates in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three tiers 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 world of trading. As you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all one of them essential in keeping your hands on what we call a competitive process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you do want to get access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. This plan allows that you are able to create a private profile to share with fellow associates all your insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their trading skills. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to see other traders’ stats this might be a drawback for some who may be anticipating this level. Foes Profitly Renew Monthly
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. At $74.95 each month and 22% off for billing annually This plan offers everything. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be 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 on top of all the advantages you’ll be able to use to the fullest potential. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly offers a number of other services they provide. One of them is the online store, which lets users choose from a wide array of videos that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other things trading-related, clips and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You’re probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly the chat room is viewed as a real-time area where experts and members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the listed members there. One of them may be laid back and less active, while another might be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. They will also get daily videos and chat room advice from its in-house gurus as well as their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they be. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a risky game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suited to those who are just starting. While novice traders may not be as proficient in handling trading matters, the pros already understand how it works along with the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their trading abilities. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Trade professionals who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Foes Profitly Renew Monthly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and advice from the company’s internal experts, which include libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for most of its users
- If traders decide to post any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the number of services the platform has to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it would be a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, it is best to keep an open mind. Foes Profitly Renew Monthly
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck may be able to find Profit.ly’s variety of resources to be helpful as they do their best to avoid loss and perform better than before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become better at trading and wish to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Foes Profitly Renew Monthly
How do you use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion in the ‘My Trade category on the dashboard. It allows you to post your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you submit the information manually or via pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
