The stock market can be an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it can be very difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from trading partners from all over the globe, which is why we’ve discovered an option that can help you to improve your performance in the industry. We’ll be taking a look at Profit.ly, a well-recognized 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 Profily Palubek
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for people who are just beginning their journey and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two purposes: 1) creating public track records for not just the gurus as well as newsletter writers and students and secondly) allowing all users to be enlightened by both losses and wins to the benefit of the trading industry. Profily Palubek
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of tools and services that are geared at achieving success. You can create an account there for free, but you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself the chance to climb your way to the top of the leaderboard. Profit.ly’s leaders’ board 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 demonstrate that you’re worthy to the community of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you may opt to post your trades, whether verified or not, via pictures. Also included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts via chatrooms along with 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 guru who is famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a large marketplace as they can access funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trader. At the age of 25 Sykes was given more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money through their years of expertise. Profily Palubek
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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on this platform: the founder as well as 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s 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 highest-quality version, with an upgraded version of Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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 the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profily Palubek
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist as well as the mobile app, the daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. Additionally you’ll also have the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels that cater to traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. When you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your actions public. If you’re looking to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of many of the features of 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 this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their trading skills. Although it’s a nice thing, there is one significant feature that is missing. Unlike the previous Novice package, you will not be able view other traders’ statistics this could be a disadvantage for those anticipating this level. Profily Palubek
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. With $74.95 monthly, and a 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all features from the two previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the chance to create your own private profile. Both of these options, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few other services they offer. One of those is its online store, which lets users select from a variety of instructional videos that are created to help you understand the ins and outs of trading. All of the products featured in this section of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and scenes of the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You are probably familiar with chat rooms since you can see it across social and messaging platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate 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. One might be a laid-back person who is less active, while another may be more interactive and online in their interactions with students. Consider chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to experienced professionals. With the variety of deals it can provide, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they go. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that trading is a high-stakes game that shouldn’t be taken as a joke.
For the traders with years of exposure down the road, we consider Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as proficient in managing trading however, experienced traders know the way it functions and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their trading skills. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to help guide them through the ever-illustrious trading process. Profily Palubek
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of 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’s a possibility that some of them will profit by picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t designed to be used to achieve this goal. Instead, you need to have an open mind. Profily Palubek
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s range of resources useful as they do their best to reduce losses and be more successful than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become a better trader and want to be taught by your peers and experts along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profily Palubek
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion under the ‘My Trade’ category of the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is evident by the small blue check. If you submit the information manually or via pictures, it will be classified as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities both right and left.
