Stock trading is an extremely risky game. Some days, you might enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were at your best. If you are always in the mud, you will have to realize that relying on instinct and survival might not be enough.
If you’ve suffered occasional losses You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe. That’s why we’ve found an option that can help you in your growth within the field. This review will 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 Miah Lee Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed and accountable, as well as transparent and encouraging one another through its wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Consider it an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that was never prior to.” The concept, he added, served two objectives: one) creating public track records for not just the gurus and newsletter authors and students and secondly) giving anyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Miah Lee Profitly
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed toward achievement. You may set up an account for free, but you’re only given access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create an account with your experience and expertise, connect to your brokerage account and you’ll be given the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to show value to a community of traders. You are also able to use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you may choose to publish your trades, either verified or otherwise, through 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 through the chatroom along with text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small-scale businesses to make the transition into a larger market because they can access funds from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning in his late years 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 show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial profits from their combined years of knowledge. Miah Lee Profitly
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available to 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 package. Priced at $149.95 per month, this is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans which includes swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Miah Lee Profitly
The Superman Alerts plan is an offer of the most essential 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 along with the mobile app, daily market updates in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as 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 daily video lessons, which include an ever-growing library of previous lessons. On top of that you’ll also gain an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that cater to traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. As you sign up for this package, you will be immediately offered a range of strong and vital trading tools, all one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Among the list of things 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; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive just by the price, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you do want to get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use a majority of features from the novice plan. It is in this plan that you can create a private profile to share with other associates all your insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able view the statistics of other traders, which might be a drawback for those who are eager to try this new tier. Miah Lee Profitly
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all options of the previous plans.
In addition, you’ll be able to look at other people’s statistics, 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 the maximum extent. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few additional services that it can offer. One of these is its online store, where customers can pick from a range of videos that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured on this page of the site can be immediately purchased for personal use. These include best-selling products like the “Trading Tickers” series from trading professional 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 from 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 as well part of Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members. Some may be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Think of chat rooms like 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 caters to a large variety of stock trader types, from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, but eventually they’ll be able to realize that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly equally suitable to them as those who are just starting. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to develop their trading skills. Like beginners, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. Miah Lee Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for most of its customers
- As traders may opt to open any kind of trade, there’s a possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers will immediately benefit from the many services that the platform can provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be a ‘yes’. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t intended to be created to achieve this goal. Instead, it is best to keep curiosity. Miah Lee Profitly
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s variety of resources to be helpful when they try their best to incur lesser losses and be more successful than before. Not only struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
If you really care about being more successful in trading and would like to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Miah Lee Profitly
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion under the ‘My Trade category on the dashboard. It lets you record your trades that are verified or not. You may choose between three options:
- 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
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
