Stock trading can be an extremely risky game. Some days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be extremely difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter it is important to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance in the market. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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.
Total Rating: 4.1/5 G To G Artinya
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s 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 and accountable, as well as transparent and uplifting with one another through its wide array of tools and features like chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for traders who are just beginning their journey and as a hub for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as a social media site akin the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as it is possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea Sykes said served two objectives: one) creating public track records for everyone, not just the experts as well as newsletter authors and students, and 2) allowing all users to be enlightened by both the wins and losses to benefit the industry of trading. G To G Artinya
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared towards achieving success. You can create an account at no cost, however you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one 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 your brokerage account, and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to show value to a community of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you can opt to post your trades, either verified or otherwise, through pictures. Also included in Profit.ly are a variety of trading courses, the ability to view stats in a trader’s profile as well as other ways 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 trading guru who is well-known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as an opportunity for small companies to move into a larger market because it allows them to access capital from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as a trader. At the age of 25, he had been given greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” He used the opportunity to create trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the trading experts who have made substantial amounts of money from their collective years of expertise. G To G Artinya
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who 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 the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices, texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is a great option for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. G To G Artinya
The Superman Alerts package is his package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base provided by Superman himself, via his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. Additionally you’ll also have an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. As you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private account, making your actions public. If you’re looking to have an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package lets users to benefit from a majority of features from the novice plan. This plan allows that you can create a private profile to share with other associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. Unlike the previous Novice package, you will not be able view other traders’ stats that could be a disadvantage for those anticipating this level. G To G Artinya
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. It costs $74.95 monthly, and an additional 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the features from the two previous plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating an individual profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of more services it has to provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other related to trading, videos and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms, as well as some specialty websites that offer live chat support. But on Profit.ly, it is seen 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 in dealing with the members there. One of them may be laid back and less active, while another may be more online and communicative to their pupils. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able choose from the items in its online store to carry with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that trading is a risky game that should not be viewed as an amusing pastime.
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 however, experienced traders know how it works and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. G To G Artinya
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its customers
- As traders may opt to open any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, it is best to keep curiosity. G To G Artinya
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 range of resources helpful in their efforts to reduce losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become more successful in trading and would like to learn from your mentors and peers along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ G To G Artinya
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the ‘My Trade’ category of the dashboard. It lets you post your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is evident by the small blue check. If you post it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app 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 is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
