The stock market can be an exciting game with high stakes. Some days, you may have the benefit of pleasing and positive numbers. However, on other days it could be the reverse and it can be very difficult to get back to where you were at your most productive. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you in your growth within the field. We’ll be taking an in-depth 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.
Overall Rating: 4.1/5 Profitly 2021
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be informed responsible, transparent, and encouraging each other by offering a wide variety of tools and features like trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for people new to trading as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources 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 the platform. Think of it as a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not accept fake news as long as it is possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two objectives: one) making public records for not just the gurus as well as newsletter authors and students as well as) making it possible for all users to learn from the losses and wins to benefit the industry of trading. Profitly 2021
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed towards achieving success. You can create an account on the site for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-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 offerings that we’ll discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have an opportunity to make through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into the performance of the trading community and its experts. You’re not just allowed to show your worth to a group of traders, but you can also use Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you’re not comfortable with the concept of leaking the details of your broker account then you could decide to share your trades, either verified or not, by taking pictures. In Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile and other methods to connect with your gurus in the chatroom, in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market is a stepping stone for small businesses to transition to a large marketplace as it gives them access to funds from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell through his many years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of openness, 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 sweet inclusions is the vast array of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have earned significant amounts of profit from their combined years of knowledge. Profitly 2021
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on the 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 the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A single purchase from 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; texts, emails and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month it is a great option for those who are more invested in the penny-stock market. Pennystocking Silver offers all the essential features found in earlier plans such as alerts for swing trading and access to a 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 by the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly 2021
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile application, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers, each designed for traders at different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what we call a competitive procedure in its own.
Some of the features you can do 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 leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private account, making your actions public. If you’re interested in gain an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package lets users to benefit from the majority of features available in the novice plan. This plan allows that you can set up a private profile to share with fellow associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to harness their expertise in trading. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, you will not be able view other traders’ statistics that could be a problem for those who are anticipating this level. Profitly 2021
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, which includes an additional 22% discount when billed annually This plan offers everything. You get full, no-holds-barred access to all the features of the prior plans.
Not only do you get to view other people’s stats, but you’re also given the chance to create your own private profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few additional services that it can offer. One of them is the online store, which lets users pick from a range of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other things trading-related, clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One might be a laid-back person who is less active, while another might be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock trader types, from novices to the most experienced. Given the wide range of options it offers, the platform surely has something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will get daily videos and chat room advice from the in-house experts as well as their members. Additionally, they can choose from the items on its store online for them to take wherever they travel. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that the process is a high-stakes game that should not be viewed 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 people who are just beginning. While the newbies may not be as adept at handling trading matters however, experienced traders know how it works and the risky mix that it carries. Ideally, they may make use of Profit.ly’s array of features to their best advantage to enhance their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly 2021
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and tips from the 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 other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for most of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, it is best to keep curiosity. Profitly 2021
What we are referring to”yes” is that it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s range of resources helpful when they try their best to incur lesser losses and perform better than before. It’s not only the poor traders that can benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly could be a good choice to start.
FAQ Profitly 2021
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the “My Trade category on the dashboard that lets you post your trades, either verified or not. There are three choices:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you post it manually or through images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.