Stock trading is a high-stakes game. On certain days, you may have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse and it could be extremely difficult to return to the point you were at your peak. If you’re immersed in the water, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve identified an option that can help you in your growth in the market. This review will be taking an in-depth look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Profily Farieb
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informative, transparent, accountable, and encouraging one another through its wide variety of tools and features including chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders who are starting out and also as a platform for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad array of options for communication and trade that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The idea was, he said, serving two purposes: 1) making public records for not just the gurus and newsletter writers and students as well as) giving all users to learn from both losses and wins to the benefit of the trading industry. Profily Farieb
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of features and services aimed toward achievement. You can create an account there for free, but you’re limited to access to the leaderboard and follow the activities of non-gurus. If you’re looking 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 go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of how the community of traders performs and its gurus. It’s not just a way to show that you’re worthy to the large group of traders, as you can also utilize Profit.ly to shop with a professional with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, you can opt to post your trades, either verified or not, by taking screenshots. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to interact with your experts via chatrooms along with notifications via email or text 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 trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The penny stock market can be seen as a stepping stone for small companies to move to a large marketplace as they can access money from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trader. At 25 years old Sykes was given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for openness, 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 amazing features is the variety of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money through their years of knowledge. Profily Farieb
At its height, Profit.ly had housed up to five gurus, each of them an expert in their niche in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on this platform: Founder and 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 offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize 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 and Android devices, texts, emails, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in prior plans, which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
> > Click Here to Check Out Profit.ly < <
In “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 when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profily Farieb
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally you’ll also gain an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign up for this package you’ll be given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re looking to gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. It is in this plan that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their skills in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view other traders’ stats that might be a drawback for those who are looking forward to this tier. Profily Farieb
Pro Plan
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. At $74.95 per month, which includes a 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all options of the prior plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create an individual profile. These two features are on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly provides a variety of more services it has to offer. One of those is its online store, where customers can select from a variety of videos designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all related to trading, videos and clips from The Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that provide live chat support. But in Profit.ly, it is seen as a area where experts and members can interact and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members. Some may be laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer this platform definitely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able to choose from the items on its store online that they can take with them wherever they may 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 taken as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly equally suited to them as those who are just starting. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know how it works and the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Profily Farieb
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its users
- As traders may opt to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to boost their 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 number of services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you need to have curiosity. Profily Farieb
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful in their efforts to reduce losses and perform better than they did before. Not only struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profily Farieb
How do you use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s a high probability that it’s verifiable. This is indicated with the small blue check. If you upload 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 possibility of receiving downvotes from colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting 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 as well as in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities all over the world.
