The stock market can be an extremely risky game. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to the point you were at your most productive. If you find yourself immersed in the water it is important to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance in the industry. We’ll 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Kyle Williams Profitly
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 enables traders of all levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad variety of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for traders new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast array of options for trade and communication, it helps traders from all walks of life connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t allow for fraud as much as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing every trade, something that was never prior to.” The idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students as well as) giving all users to gain insight into both losses and wins for the trading industry’s benefit. Kyle Williams Profitly
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of services and features geared toward the success of their business. You may set up an account there at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs and its experts. It’s not just a way to demonstrate that you’re worthy to the community of traders. You can also use Profit.ly to purchase 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 idea of sharing your brokerage account, you can choose to publish your trades, verified or not, via screenshots. Also included in Profit.ly are a variety of trading courses as well as the ability to look at the stats of a trader’s account and other methods to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to money from the general 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 High School, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and a larger impact when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have earned substantial profits from their combined years of experience. Kyle Williams Profitly
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus 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. In light of that, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as 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, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, it is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Kyle Williams Profitly
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. In addition, you’ll also get access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels, each designed for traders of different levels. Let’s look at what the three tiers 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 those who are just beginning their journey to the trading world. Once you have signed to this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal account, making your actions public. If you’re interested in gain the benefit of this service, 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 many of the features of the Novice plan. This plan allows that you can set up an account that is private to share with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to develop their trading skills. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, you will not be able to view other traders’ statistics that might be a drawback for some who may be anticipating this level. Kyle Williams Profitly
Pro Plan
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 each month with 22% off for annual billing, this tier has everything. It gives you full, unlimited access to all the features of the previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the opportunity to create a private profile. These two features are on top of all the benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of other services they provide. One of those is its online store, which lets users pick from a range of video products designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You are probably familiar with the concept of chat rooms since you can see it across social and messaging platforms as well as some specialty websites that provide live chat support. However, in Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members. One might be laid back and less engaged, while another could be more online and communicative in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room advice from the in-house experts and their members. Additionally, they can pick from the merchandise available from its online store that they can take with them wherever they be. You can also get hands-on experiences from trading within the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as proficient in handling trading matters, the pros already understand the way it functions and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to develop their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
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 excitement! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Kyle Williams Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You will be taught by experts and advice from the company’s in-house gurus, including collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable 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 unauthentic trades via photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- As traders may opt to open 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 may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can offer
> > Click Here to Check Out Profit.ly < <
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 an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you need to have an open mind. Kyle Williams Profitly
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck may be able to find Profit.ly’s range of resources useful in their efforts to reduce losses and be more successful than they did before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become a better trader and want to learn from your peers and experts throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Kyle Williams Profitly
How do you use Profit.ly to publish 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, verifiable or not. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.
