Stock trading is an extremely risky game. On some days, you may have the benefit of positive and satisfying numbers. On other days it could be the reverse and it can be very difficult to return to where you were your most productive. If you find yourself constantly stuck in the gutter You will need to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe. That’s why we’ve found an online platform that will help you to improve your performance in the industry. This review will take the time to look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly 10K
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be informative, transparent, accountable, and uplifting with one another through its wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are starting out and as a hub for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast range of resources to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar the likes of 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 style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never done before.” The concept was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students and secondly) giving everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Profitly 10K
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of features and services aimed toward success. You can create an account at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users an insight into the performance of the trading community and its experts. You’re not just allowed to show that you’re worthy to the community of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you can choose to publish your trades, either verified or otherwise, through screenshots. Also included in Profit.ly are a variety of trading courses 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 through the chatroom as well as notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading is an opportunity for small businesses to transition to a market that is larger as it allows them to access funds from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal because of his decades of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for transparency 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 variety of educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial amounts of money from their collective years of experience. Profitly 10K
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, 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. With that taken into consideration, let’s take a look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for 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 version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, it is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released every week.
> > Click Here to Check Out Profit.ly < <
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. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly 10K
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile application, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally, you’ll also get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed up for this package, you will be immediately offered a range of strong and vital trading tools, each 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 is the capability to check trades and track profits as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, as well as filter trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re looking to have access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. In this plan, that you can set up an individual profile that allows you for sharing with fellow associate users all the insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to harness their trading skills. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to see other traders’ stats, which could be a disadvantage for those who are anticipating this level. Profitly 10K
Pro Plan
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. With $74.95 each month with an additional 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all options of the previous plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create an individual profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, which allows users to pick from a range of instructional videos that are that are designed to educate and provide guidance on 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 by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other things trading-related, clips and footage of The Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are included in Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a hands-on area where experts and members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members. One might be laid back and rarely engaged, while another could be more interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will get daily videos and chat room advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that trading is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to them as people who are just beginning. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works along with the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! People in the trade industry who are at an equal level with 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. Profitly 10K
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its users
- As traders may opt to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the number of features the platform is able to offer
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you need to have the ability to think with an open heart. Profitly 10K
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s array of resources useful as they do their best to avoid losses and be more successful than before. Not only struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really care about being more successful in trading and would like to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly 10K
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the “My Trade section of the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities on the stock market both right and left.