The stock market can be an exciting game with high stakes. On some days, you may have the benefit of pleasing and positive numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you find yourself immersed in the water it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the industry. This review will be taking an in-depth 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 Profitly 401K Login
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informative and accountable, as well as transparent and uplifting with one another through its wide array of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those new to trading as well as a place 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 communication and trade that help traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas 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 verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” The idea, he added, served two goals: 1.) keeping track of public data for not just the gurus as well as newsletter authors and students, and 2) making it possible for everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Profitly 401K Login
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward achievement. You can create an account there at no cost, however 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 interested in investing your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its gurus. It’s not just a way to show your worth to a group of traders, as you can also utilize Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you may opt to post your trades, whether verified or otherwise, through screenshots. Also included in Profit.ly are a variety of trading classes, the ability to view 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.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for less than $5 per share. The penny stock market can be seen as a stepping stone for small businesses to transition to a large marketplace as it gives them access to money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trading professional. At the age of 25 Sykes was given more exposure and a wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a platform for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have made substantial amounts of money through their years of knowledge. Profitly 401K Login
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the platform: 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’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 for a month this is the perfect plan for investors who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated every week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Profitly 401K Login
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile app, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. Additionally you’ll also gain access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers that cater to traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
The package called Novice 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 to this plan, you will be immediately offered a range of strong and essential trading tools, all of them integral in keeping your hands on what we call a competitive process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private account, making your actions public. If you’re looking to get access to this feature, stay tuned as we 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. This plan allows that you can set up a private profile to share with fellow associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to develop their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics that might be a drawback for those looking forward to this tier. Profitly 401K Login
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, with 22% off for annual billing the Pro plan has everything. You will have full, unrestricted access to all the options of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating your own private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives all the features you need to be an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of other services they offer. One of those is its online store, which allows users to pick from a range of videos created to guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips of the Annual Pennystocking Conference, and other products by expert traders.
Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You are probably familiar with the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. One might be laid back and less engaged, while another could be more active and in touch to their pupils. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, ranging from beginners to experienced pros. With the variety of deals it offers, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room advice from the in-house experts and members. Additionally, they can choose from the items on its store online for them to take wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with handling trading matters but the experts already know the way it functions and the risky mix that come with it. Ideally, they may make use of Profit.ly’s array of features to their best advantage to develop their trading skills. Like novices, they can study from the gurus and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. Profitly 401K Login
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re guaranteed 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 of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s numerous products and packages offered might be too much for most of its users
- Since traders can choose to make any type of trade, there’s an opportunity that some them will profit by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the number of features the platform is able to provide
The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s yes. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, it is best to keep an open mind. Profitly 401K Login
What we mean by ‘yes’ is that it could be a useful learning tool. People who are stuck may be able to find Profit.ly’s variety of resources useful in their efforts to incur lesser losses and be more successful than they did before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly 401K Login
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, verifiable or not. There are three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is shown by the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities all over the world.