The stock market can be an exciting game with high stakes. On certain days, you may have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be extremely difficult to return to the point you were at your most productive. If you are always in the mud it is important to realize that relying on your instincts and preserving is not always enough.
If you’ve been incurring loss from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve discovered an option that can help you in your improvement in the market. This review will take a look at Profit.ly is a well-known 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 Kvh
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative and accountable, as well as transparent and uplifting with one another through its wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those new to trading and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make an opportunity to invest in the right areas that the site. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been previously done.” The concept, he added, served two purposes: 1) creating public track records for all traders, not just the gurus and students and newsletter writers and secondly) allowing all users to learn from both the wins and losses to the benefit of the trading industry. Profily Kvh
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of tools and services that are geared at achieving the success of their business. You can create an account there at no cost, however you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to join 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 the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at their performance as a trading group and its gurus. It’s not only a chance to demonstrate value to a group of traders, as you are also able to use Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the veracity of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you may choose to publish your trades, verified or not, by taking pictures. In Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is an avenue for small businesses to transition into a larger market because 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 through his many years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider impact when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped to establish Profit.ly as a place for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have made substantial amounts of money from their combined years of knowledge. Profily Kvh
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise 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, only two gurus remain on the 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize 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 that’s available to iOS and Android devices; text, e-mail, 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 package. At $149.95 per month, it is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of the previous plan, including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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In “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 when he first started trading, Superman has amassed over $5.5 million in trading profits. Profily Kvh
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself via the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also have the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you started. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your hands on what we 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 ability to confirm the results of your trades and track profit; leading, following and even texting your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your personal information public. If you do want to have access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the Novice plan. In this plan, that you are able to create a private profile to share with fellow associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their expertise in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to see other traders’ stats that might be a drawback for those looking forward to this tier. Profily Kvh
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month which includes an additional 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all the features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the chance to create your own private profile. Both of these options, on top of all the benefits that you can use to the fullest potential. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of other services they offer. One of them is the online store, which allows users to select from a variety of videos designed to inform and guide you through the ins and outs of trading. All of the products featured on this page of the website can be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and footage of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly, it is seen as a real-time space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. Some may be more laid back and rarely engaged, while another could be more online and communicative in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and their members. They’ll also be able to choose from the items 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’ll be able to realize that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as adept at managing trading however, experienced traders know how it works and the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the top experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help assist them in the ever-changing trading process. Profily Kvh
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for the majority of its users
- If traders decide to post any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with an answer to this question, it’s yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, you need to have an open mind. Profily Kvh
What we are referring to”yes” is it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources helpful when they try their best to incur lesser loss and perform better than before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Profily Kvh
How can you make use of Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade section of the dashboard that allows you to post your trades, either verified or not. There are three choices:
- 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
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is the likelihood that it can be verified. This is indicated with the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities all over the world.