Stock trading can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days you may experience the opposite and it could be extremely difficult to get back to the point you were at your most productive. If you’re always in the mud it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve discovered an online platform that will help you to improve your performance in the industry. We’ll be taking 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 Heibyp Profitly
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be informed, transparent, accountable, and encouraging each other by offering a wide array of tools and features such as trade verification, chat rooms and a rich 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 those who are starting out 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 variety of tools for trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” This idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter writers and students and secondly) allowing everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Heibyp Profitly
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of services and features geared towards achieving achievement. It is possible to create an account on the site for free, but you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create an account with your experience and skills, join to your brokerage account, and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users an insight into their performance as a trading group and its gurus. It’s not just a way to prove that you’re worthy to the group of traders, as you can also utilize Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their claims.
If you feel uneasy with the concept of leaking the details of your broker account you can opt to post your trades, whether verified or not, by taking photographs. In Profit.ly is the huge selection of courses in trading, the ability to view stats in a trader’s profile as well as other ways to interact with your experts via chatrooms as well as 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 guru who is well-known for delving his hands into the penny-stock market. 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 could be viewed as a stepping stone for small companies to move to a market that is larger as it gives them access to funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal 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 an estimated $6 million profits throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money from their combined years of experience. Heibyp Profitly
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in 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 and Android devices; texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, this is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features that were included in earlier plans including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Heibyp Profitly
The Superman Alerts plan is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself via the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s take a look at what these 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 new to the trading world. Once you have signed up for this package you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what we call a competitive procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards; analyze, sort, as well as filter trades; and lastly, look at other’s stats.
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 personal information public. If you’re interested in get an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to use many of the features of The Novice package. This plan allows that you can set up an account that is private to share with other associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics this could be a disadvantage for those who are anticipating this level. Heibyp Profitly
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off for annual billing, this tier has it all. You get full, no-holds-barred access to all features from the two previous plans combined.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create your own private profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be trader with experience, the Pro tier could be 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 offer. One of them is the online store, where customers can pick from a range 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 website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other related to trading, videos and scenes of events like 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 array of services and features. You are probably familiar with the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. One might be more laid back and not very often active, while another might be more interactive and online in their interactions with students. Consider chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room advice from the in-house experts and their members. Additionally, they can select from the products from its online store that they can take with them wherever they travel. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high-stakes game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we see Profit.ly equally suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to improve their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Heibyp Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You’ll receive excellent training and advice from the company’s in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to improve their ratings this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, you should have curiosity. Heibyp Profitly
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s variety of resources to be helpful when they try their best to incur lesser losses and be more successful than before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
If you really want to become better at trading and wish to be taught by your peers and experts throughout the process, then look no further – Profit.ly could be a good alternative to start.
FAQ Heibyp Profitly
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the “My Trade category on the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- Linking your account with 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 transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthentic trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.