The stock market can be a high-stakes game. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse, and it may sometimes be very difficult to return to where you were your most productive. If you are always in the mud You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from fellow traders from around the world, which is why we’ve discovered an online platform that will help you to improve your performance within the field. We’ll be taking the time to 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 Profit In Youtube
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be informative responsible, transparent, and encouraging one another through its wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those who are just beginning their journey as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of this platform. Consider it a social media site akin like Facebook and Reddit, but for experts 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 transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes declared that Profit.ly was based “on the transparency of all trades, something that has never been prior to.” The concept Sykes said served two objectives: one) making public records for not just the gurus and newsletter authors and students and secondly) allowing everyone on the platform to learn from both losses and wins to benefit the industry of trading. Profit In Youtube
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of tools and services that are geared at achieving success. You may set up an account there at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities 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 offerings that we’ll go over shortly.
Setting up an account is simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to show value to a group of traders, as you can also use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, you can opt to post your trades, verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, in addition to email and text alerts as well as updates.
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, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition into a larger market because it allows them to access capital from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal thanks to his years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profit during his long and successful career as a trader. At 25 years old, he had been given more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” He made use of the show to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the trading experts who have made substantial amounts of money from their collective years of knowledge. Profit In Youtube
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. 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 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. With that taken into consideration Let’s 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 that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as 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, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, this is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in the previous plan, including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released weekly.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Profit In Youtube
The Superman Alerts package is his offering of essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally, you’ll also get an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s look at what the three are and how much they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following and even texting other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your activities publicly available. If you do want to have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can create an account that is private to share with fellow associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their skills in trading. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you will not be able view the statistics of other traders this could be a disadvantage for those who are looking forward to this tier. Profit In Youtube
This is by far the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month which includes 22% off for billing annually This plan offers it all. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, on top of all the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which allows users to choose from a wide array of instructional videos that are created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and all other aspects of trading. There are also clips and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
The integrated chat rooms are as well part of Profit.ly’s range of services and features. You may be familiar with chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on area where experts and members can interact and learn in real time. Each guru has their style in operating their chat room and in dealing with the members there. One might be laid back and not very often engaged, while another could be more interactive and online with their students. Think of the chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room advice by its internal gurus and members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they be. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that the process is a risky game that shouldn’t be taken as a joke.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable to them as people who are just beginning. While the newbies may not be as proficient in dealing with trading issues however, experienced traders know how it works and the risky mix that it carries. Ideally, they may utilize Profit.ly’s range of features to their best advantage to develop their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profit In Youtube
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s abundance of products and packages offered might not be enough for a lot of its users
- Since traders can choose to make any type of trade, there’s a possibility that some of them could profit from picking the most profitable trades to increase the rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers will immediately benefit from the number of features the platform is able to provide
The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Profit In Youtube
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s range of resources useful in their efforts to incur lesser loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be a better trader and want to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Profit In Youtube
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade category on the dashboard that lets you post your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is indicated with the blue check mark. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market all over the world.