The stock market can be a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were at your peak. If you are always in the mud You will need to realize that relying on pure instinct and preservation 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 enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the industry. This review will take the time to 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.
Total Rating: 4.1/5 Is Profitly Secure
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of various levels to be informed responsible, transparent, and encouraging each other through its broad range of features and tools such as trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are starting out and as a hub for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast range of resources to facilitate trade and communication that help traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Consider it the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as it is possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was based “on showing every trade, something that was never prior to.” This idea, he added, served two purposes: 1) keeping track of public data for not just the gurus, but also the newsletter authors and students as well as) making it possible for anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Is Profitly Secure
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving the success of their business. It is possible to create an account at no cost, however you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll 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 have yourself a chance to shoot through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a look at how the community of traders performs and its gurus. You’re not just allowed to show that you’re worthy to the community of traders, but you are also able to use Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the credibility of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, you can opt to post your trades, whether verified or not, via photographs. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to communicate with your gurus via chatrooms in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. Penny stock trading can be seen as an avenue for small companies to move to a market that is larger as it gives them access to funds from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trader. At 25 years old Tim Sykes had received greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have made substantial amounts of money from their collective years of expertise. Is Profitly Secure
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him focus on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 per month, it 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 earlier plans including alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Is Profitly Secure
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile app, the daily market commentary in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base that is provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally, you’ll also get the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you up and running. The platform has three membership tiers, each designed for traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan you’ll be provided with a variety of powerful and essential trading tools, each one of them essential in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits 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 the results of your analysis, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private account, making your personal information public. If you’re interested in have 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 allows you to take advantage of many of the features of The Novice package. In this plan, that you can create a private profile to share with fellow associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to improve their trading skills. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see other traders’ stats that could be a disadvantage for some who may be looking forward to this tier. Is Profitly Secure
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month with a 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all features of the prior plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create a private profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of those is its online store, where customers can select from a variety of videos that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a hands-on area where experts and members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One of them may be laid back and rarely engaged, while another could be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can choose from the items from its online store to carry with them wherever they travel. You can also get hands-on experiences by trading through the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to them as the newcomers. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know how it works and the plethora of risks that come with it. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Is Profitly Secure
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many 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’ll be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core capabilities, 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 diverse range of packages and subscription levels are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for most of its customers
- If traders decide to open any kind of trade, there is the possibility that some of them will profit by selecting the best trades in order to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to immediately benefit from the many features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be yes. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, you need to have curiosity. Is Profitly Secure
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck may find Profit.ly’s range of resources helpful as they do their best to avoid loss and perform better than they did before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts!
If you really desire to be better at trading and wish to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Is Profitly Secure
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the “My Trade section of the dashboard that lets you post your trades, either verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring opportunities in the stock market both right and left.
