The stock market can be a high-stakes game. On some days, you might have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your best. If you are constantly stuck in the gutter You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the world, which is why we’ve discovered an option that can help you in your improvement within the field. This review will be taking a 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.
Total Rating: 4.1/5 $Gdee Profitly
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informed responsible, transparent, and to build relationships with each other through its broad range of features and tools including chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders who are just beginning their journey 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, it helps traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of this platform. Consider it the social media equivalent to Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and publishes all 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 accept fake news as long as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students, and 2) making it possible for all users to learn from both the wins and losses for the trading industry’s benefit. $Gdee Profitly
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared toward success. You can create an account for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you’ll have the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to show value to a community of traders, but you can also utilize Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the credibility of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, you can opt to post your trades, verified or not, via pictures. Included in Profit.ly are the vast number of trading classes as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts in the chatroom, in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. The penny stock market can be seen as an opportunity for small businesses to transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about 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 with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of expertise. $Gdee Profitly
At its height, Profit.ly had housed up to five gurus, each of them an expert in their niche in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of 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. With that taken into consideration we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on 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 program. Priced at $149.95 monthly, this is a great option for those who are invested in the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for 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 trading earnings. $Gdee Profitly
The Superman Alerts package is his offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also gain the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers that cater to traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package 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 to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. In this plan, that you can set up an account that is private to share with other associates all your insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to harness their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able view the statistics of other traders, which might be a drawback for those who are eager to try this new tier. $Gdee Profitly
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 per month, and an additional 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the opportunity to create your own private profile. Both of these options, in addition to the benefits that you can use to the fullest potential. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few additional services that it can offer. One of them is the online store, which lets users pick from a range of video products that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and footage taken from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You are probably familiar with the chat room as you can find it throughout social and messaging platforms, as well as some specialty websites that provide live chat support. But in Profit.ly, it is seen as a real-time area where experts and members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One of them may be more laid back and rarely engaged, while another could be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus as well as their members. They’ll also be able to select from the products on its store online to carry with them wherever they travel. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a risky game that should not be viewed as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable to them as people who are just beginning. While novice traders may not be as proficient in handling trading matters however, experienced traders know how it works and the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s range of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. $Gdee Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could seem overwhelming for most of its users
- Since traders can choose to make any type of trade, there’s a possibility that some of them will profit by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users will immediately benefit from the many features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it would be yes. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, it is best to keep curiosity. $Gdee Profitly
What we are referring to by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources to be helpful as they do their best to avoid losses and perform better than they did before. It’s not just the poor traders that can profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be a better trader and want to learn from your fellows and gurus on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ $Gdee Profitly
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades under the “My Trade’ category of the dashboard. It allows you to post your trades that are verified or not. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is evident by the blue check mark. If you upload it manually or through images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities all over the world.