Stock trading is an exciting game with high stakes. Some days, you may have the benefit of positive and satisfying numbers. However, on other days, the opposite may happen and it could be very difficult to return to where you were at your most productive. If you are always in the mud You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve discovered a platform that can support you in your growth within the field. This review will take a 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 Profily Pro Sdk
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informed, transparent, accountable, and encouraging each other by offering a wide array of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for those new to trading and also as a platform for traders with experience to keep track of their performance with the help of advanced analytics tools. Providing users with a wide range of resources for trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” This idea Sykes said served two purposes: 1) creating public track records for not just the gurus and newsletter authors and students as well as) giving everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Profily Pro Sdk
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed at achieving achievement. You may set up an account there at no cost, however you’re only given the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community and its experts. It’s not just a way to demonstrate value to a community of traders. You can also utilize Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging the details of your broker account you can decide to share your trades, whether verified or otherwise, through screenshots. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus in the chatroom, as well as 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 trader who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at less than $5 per share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as a trader. When he was 25 years old Sykes was given more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency 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 wide range of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their combined years of expertise. Profily Pro Sdk
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the most famous experts were 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 the platform: the 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices; email, text, 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. At $149.95 for a month it is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Profily Pro Sdk
The Superman Alerts plan is his package of vital features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary shown in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition, you’ll also get the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers, each designed for 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 those who are just beginning their journey to the world of trading. As you sign to this plan you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package lets users to benefit from the majority of features available in the novice plan. It is in this plan that you can set up an account that is private to share with fellow associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to harness their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ stats that might be a drawback for those looking forward to this tier. Profily Pro Sdk
This is by far the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month and an additional 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all the options of the prior plans.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create your own private profile. Both of these features, in addition to the benefits that you can use to the fullest potential. If you’re looking for an option that gives 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 training tools and the leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, which allows users to select from a variety of instructional videos that are designed to inform and guide you through the ins and outs of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You are probably familiar with the chat room since you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. But in Profit.ly it’s seen as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style 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 interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, ranging from beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can choose from the items from its online store for them to take wherever they may go. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that this is a high-stakes game that should not be viewed as a joke.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as well-equipped with managing trading however, experienced traders know the way it functions and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their best advantage to develop their trading abilities. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to guide them through the ever-illustrious trading process. Profily Pro Sdk
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and insights from its internal experts, which include libraries of educational videos and 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 leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s abundance of packages and services offered could not be enough for the majority of its users
- As traders may opt to make any type of trade, there’s a possibility that some of them will profit by selecting the best trades in order to improve their ratings this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Profily Pro Sdk
What we mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck may find Profit.ly’s array of resources useful as they do their best to incur lesser losses and be more successful than before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be better at trading and wish to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Profily Pro Sdk
What are the best ways to use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the ‘My Trade category on the dashboard which lets you record your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is shown by the small blue check. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile app version 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 since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.