Stock trading is a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were at your best. If you are always in the mud You will need to realize that relying on instinct and survival may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an option that can help you in your growth in the market. This review will be taking a look at Profit.ly A well-respected 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 John Papa Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be informed and accountable, as well as transparent and uplifting with each other through its broad array of tools and features such as chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those who are starting out and as a hub for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines that the site. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” The idea Sykes said served two objectives: one) creating public track records for everyone, not just the experts and newsletter writers and students, and 2) allowing everyone on the platform to gain insight into the losses and wins to benefit the industry of trading. John Papa Profitly
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed at achieving achievement. It is possible to create an account on the site at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t 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 deals that we’ll review in the coming days.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into the performance of the trading community as well as its gurus. It’s not only a chance to demonstrate that you’re worthy to the group of traders, as you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you are unsure about the concept of leaking your brokerage account, you can decide to share your trades, verified or not, via photographs. Included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom 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 personality who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. Penny stock trading could be viewed as a stepping stone for small companies to move into a larger market because they can access funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trader. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a platform for transparency and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial profits from their combined years of expertise. John Papa Profitly
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices; email, text and push alerts; as well as a daily watchlist of stocks.
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 per month, this is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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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 massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. John Papa Profitly
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. On top of that you’ll also gain the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. When you sign up for this package you’ll be given a slew of robust and vital trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can do with Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make; and, finally, see other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to take advantage of the majority of features available in The Novice package. This plan allows that you can create a private profile to share with fellow associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to develop their skills in trading. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view the statistics of other traders that might be a drawback for some who may be looking forward to this tier. John Papa Profitly
Pro Plan
This is by far the highest premium package that Profit.ly offers to experienced traders. At $74.95 each month which includes 22% off for billing annually, this tier has it all. You get full, no-holds-barred access to all the features from the two prior plans.
Not only do you get to look at other people’s statistics, but you’re also given the opportunity to create a private profile. These two features are plus the other advantages that you can utilize to the maximum extent. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few more services it has to provide. One of these is its online store, which lets users choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and scenes of the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of 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 is seen as a hands-on space where experts and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One might be more laid back and less engaged, while another could be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock trader types, from novices to the most experienced. With the variety of deals it offers this platform definitely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able select from the products from its online store for them to take wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be treated as a joke.
For the traders with many years of experience down the road, we consider Profit.ly equally suited to the newcomers. While the newbies may not be as well-equipped with handling trading matters however, experienced traders know the way it functions and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s range of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. John Papa Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You’ll be taught by experts and insights from its inside experts, as well as collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as its premium users will 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 the answer, it’s yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed in this way. Instead, you need to have the ability to think with an open heart. John Papa Profitly
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources useful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ John Papa Profitly
How do you use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the “My Trade section of the dashboard that allows you to post your trades, either verified or not. There are three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s a high probability that it’s verifiable. This is evident by the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities left and right.
