The stock market can be an extremely risky game. Some days, you might have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to get back to where you were your peak. If you find yourself immersed in the water, you will have to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the world, which is why we’ve found an option that can help you in your growth within the field. We’ll take 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.
Overall Rating: 4.1/5 Papa John Profitly
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification and a rich library of educational content.
What exactly 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. Providing users with a wide variety of tools for communication and trade, it helps traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are valid and won’t allow for fraud as much as it is possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was based “on the transparency of every trade, something that has never been done before.” The concept Sykes said served two objectives: one) making public records for not just the gurus and students and newsletter writers and secondly) making it possible for everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Papa John 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 at achieving achievement. It is possible to create an account there for free, but you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to sign up to one 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 skills, join to your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at the performance of the trading community and its experts. You’re not just allowed to prove that you’re worthy to the large group of traders, as you are also able to use Profit.ly to shop with a professional with the confidence that you are confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you may decide to share your trades, verified or not, via photographs. In Profit.ly is the huge selection of trading courses as well as the ability to look at statistics on a person’s profile, and more ways to connect with your gurus in the chatroom, in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes can surely tell because of his decades of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trader. At 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a place of transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money through their years of knowledge. Papa John Profitly
At its height, 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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on this platform: 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, as well as 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. Priced at $149.95 for a month this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, including swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Papa John Profitly
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. In addition, you’ll also get an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. As you sign up for this plan you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your hands on what we could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following 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, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private profile, which makes your actions public. If you’re looking to get an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use the majority of features available in The Novice package. This plan allows that you can set up a private profile for sharing with fellow associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to harness their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able view other traders’ statistics that could be a disadvantage for some who may be eager to try this new tier. Papa John Profitly
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 monthly, which includes 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to see other users’ stats, but you’re also given the chance to create your own private profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re in search of an option that gives you everything you need as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few other services they offer. One of those is its online store, where customers can choose from a wide array of videos created to guide you through the ins and outs of trading. The products listed in this section of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and footage of events like the Annual Pennystocking Conference, and other products by expert traders.
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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 since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members can interact and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members there. One of them may be more laid back and less engaged, while another could be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts as well as their members. Additionally, they can select from the products from its online store to carry with them wherever they may be. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that this is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to them as the newcomers. Although the novices might not be as adept at dealing with trading issues but the experts already know the way it functions and the stack full of risks that it carries. It is ideal to use Profit.ly’s range of features to their best advantage to enhance their trading skills. Like novices, they can study from the gurus and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Papa John Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and tips from the 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 with accurate analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for all
- Profit.ly’s numerous packages and services offered could be too much for the majority of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as the premium customers are expected to immediately benefit from the number of services that the platform can provide
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally designed to be used to achieve this goal. Instead, it is best to keep an open mind. Papa John Profitly
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s range of resources helpful when they try their best to reduce losses and perform better than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you truly want to become more successful in trading and would like to be taught by your mentors and peers throughout the process, then look no further – Profit.ly could be a good option to begin.
FAQ Papa John Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries in the My Trade section of the dashboard that lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.