The stock market can be a high-stakes game. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it could be very difficult to return to where you were at your best. If you’re always in the mud it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance within the field. This review will be taking an in-depth look at Profit.ly is a well-known 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 Nicoroco Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad range of features and tools such as trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide array of options to facilitate 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. Consider it the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was based “on showing all trades, something that has never been prior to.” The concept Sykes said served two objectives: one) 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 learn from the losses and wins to the benefit of the trading industry. Nicoroco Profitly
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of tools and services that are geared towards achieving achievement. You may set up an account on the site for free, but you’re only given access to the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to show value to a large group of traders, but you can also use Profit.ly to shop from a guru with the assurance that you’re 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 decide to share your trades, either verified or not, by taking pictures. Also included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile, and more ways to interact with your experts in the chatroom, as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks can be seen as an avenue for small companies to move to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger impact as a participant in the reality TV show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have made substantial profits from their combined years of knowledge. Nicoroco Profitly
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this 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 look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 for a month it is the perfect plan for investors who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans which includes alerts for swing trading and access to a library of over 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 both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Nicoroco Profitly
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile app, daily market commentary shown in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally you’ll also have an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. As you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze your trades, sort or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in have access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to take advantage of the majority of features available in the Novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their trading skills. As nice as it seems but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able to view the statistics of other traders that could be a problem for some who may be anticipating this level. Nicoroco Profitly
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. With $74.95 per month, which includes a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the features from the two previous plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating a private profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly offers a number of other services they offer. One of those is its online store, where customers can select from a variety of videos that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and scenes 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 array of features and services. You’re probably familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a hands-on place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. One of them may be laid back and rarely active, while another may be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and members. Additionally, they can choose from the items on its store online to carry with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, however they’ll realize that this is a high-stakes game that should not be viewed as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the plethora of risks associated with it. It is ideal to make use of Profit.ly’s range of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders in order to navigate them through the ever-changing trading process. Nicoroco Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will be taught by experts and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting 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
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s numerous packages and products offered may be too much for the majority of its users
- Since traders can choose to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users are expected to immediately take advantage of the numerous services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Nicoroco Profitly
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources useful as they do their best to reduce 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 want to become more successful in trading and would like to be taught by your peers and experts throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Nicoroco Profitly
How do you use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the “My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your fellow peers. If you receive too many negative votes, it 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.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.
