The stock market can be an exciting game with high stakes. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days it could be the reverse and it can be very difficult to return to the point you were at your most productive. If you are always in the mud it is important be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve identified an option that can help you in your growth in the market. We’ll be taking a look at Profit.ly A well-respected 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 Upe
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are starting out and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea, he added, served two purposes: 1) making public records for all traders, not just the gurus, but also the newsletter authors and students and secondly) allowing anyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Profily Upe
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account there for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Making an account easy: create an account with your experience and skills, join to your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group and its gurus. You’re not just allowed to prove 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 assertions.
If you are unsure about the idea of divulging your brokerage account, you can choose to publish your trades, whether verified or otherwise, through screenshots. In Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus via chatrooms as well as 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 trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The penny stock market is 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 can surely tell through his many years of experience.
Beginning in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand 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 against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of knowledge. Profily Upe
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is the perfect plan for investors who are invested in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, which includes alerts for swing trading and access to a library of over 7,000 educational videos, with new ones released every week.
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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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profily Upe
The Superman Alerts plan is an offering of essential features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile application, daily market commentary 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, plus access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally, you’ll also get the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
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. When you sign up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You can’t create a private account, making your activities publicly available. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use a majority of features from the novice plan. It is in this plan that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to improve their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ statistics this could be a disadvantage for those who are looking forward to this tier. Profily Upe
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month which includes a 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all options of the previous plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create a private profile. Both of these features, in addition to the benefits that you can use to the maximum extent. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe 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 additional services that it can provide. One of those is its online store, which lets users select from a variety of video products designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes taken from events like 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’re probably familiar with the concept of 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 place where gurus and their members trade and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One might be a laid-back person who is rarely engaged, while another could be more online and communicative in their interactions with students. Think of chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room advice from its in-house gurus and their members. Additionally, they can pick from the merchandise available in its online store that they can take with them wherever they may be. Additionally, they can gain practical 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 those traders who have had many years of experience down the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. Although the novices might not be as adept at managing trading but the experts already know the way it functions and the risky mix associated with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders in order to guide them through the ever-illustrious trading process. Profily Upe
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to be provided with excellent lessons and insights from its internal experts, which include video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its customers
- As traders may opt to post any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as the premium customers are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have an open mind. Profily Upe
What we mean”yes” is it is a fantastic learning tool. People who are stuck might discover Profit.ly’s array of resources useful in their efforts to incur lesser loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being better at trading and wish to be taught by your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profily Upe
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the “My Trade category on the dashboard that allows you to post your trades that are verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The downside of having an unverified trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
