Stock trading is a high-stakes game. On certain days, you may enjoy the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your peak. If you are always in the mud it is important to realize that relying on instinct and survival might not be enough.

If you’ve experienced occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the world, which is why we’ve identified a platform that can support you in your growth in the industry. This review will be taking a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.

Total Rating: 4.1/5 Profitly 529

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

User Experience: 4.5/5

Summary

Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.

What exactly is Profit.ly?

Profit.ly is a site for trading that functions as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of the platform. Consider it an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.

Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.

One time during his interview with Forbes publication, Sykes declared that Profit.ly was based “on showing all trades, something that was never prior to.” This idea was, he said, serving two goals: 1.) creating public track records for not just the gurus as well as students and newsletter writers, and 2) giving everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Profitly 529

How Does It Perform?

Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. It is possible to create an account on the site at no cost, however you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s offerings that we’ll review in the coming days.

Setting up an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its gurus. It’s not just a way to demonstrate value to a group of traders, but you can also use Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the veracity of their claims.

If you are unsure about the idea of sharing your brokerage account, you may choose to publish your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading courses, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, along with text and e-mail alerts and updates.

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of expertise.

From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency, and to allow the community to rise and compete with each other on the platform.

The Profit.ly Gurus

One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have earned substantial profits through their years of knowledge. Profitly 529

At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the field of trading. Some of the most prominent experts were 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 the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru offers.

From Tim Sykes Tim Sykes

Sykes offers basic stock trading services which focuses on penny-priced day trading with 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 forecast the next moves that could occur when making trades.

A single purchase of 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, as well as email, text and push alerts as well as a daily watchlist of stocks.

From Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features of prior plans, which includes swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.

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In “Superman” Paul Scolardi: Superman Alerts

Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly 529

The Superman Alerts plan is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile app, daily market commentary in real-time, as well as email and SMS alerts.

From “Superman” Paul Scolardi: Superman Pro

For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself through the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also have access to premium research reports and an IPO and earnings tracker.

Profit.ly Plans and Costs

If you’re looking to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they will cost you.

Novice Plan

This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. Once you have signed up for this plan you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what could call a ruthless process in and of itself.

Among the list of things you can do with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, as well as filter trades; and, lastly, view other people’s statistics.

The Novice plan is $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.

Trader Plan

The Trader package allows users to benefit from the majority of features available in The Novice package. In this plan, that you are able to create an account that is private for sharing with fellow associates all your insights and knowledge you gain from the trading community.

Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to develop their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able view other traders’ stats, which could be a problem for those looking forward to this tier. Profitly 529

Pro Plan

The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, and an additional 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all the features of the previous plans combined.

You’re not only able to view other people’s stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro level is for you!

Profit.ly’s Other Services

Apart from the provided trainer tools and Leaderboards Profit.ly has a few additional services that it can provide. One of those is its online store, where customers can pick from a range of video products designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and clips taken from the Annual Pennystocking Conference, and products from other expert traders.

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The integrated chat rooms are also part of Profit.ly’s array of features and services. You are probably familiar with the chat room since you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One of them may be laid back and not very often active, while another may be more active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in the essence.

Who is the ideal trader to Profit.ly?

Profit.ly’s wide range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for everyone.

For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they go. You can also get hands-on experiences from trading within the platform, however, they will soon learn that the process is a high-stakes game that should not be viewed as a joke.

For traders who have many years of experience down the line, we believe Profit.ly equally suitable to them as the newcomers. Although the novices might not be as adept at managing trading, the pros already understand how it works along with the risky mix associated with it. It is ideal to use Profit.ly’s range of features to their full advantage to improve their trading skills. Like beginners, 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-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the fun! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help assist them in the ever-changing trading process. Profitly 529

Profit.ly’s Pros and Cons

The Pros

• Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
• You get to receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
• You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out if something occurs.
• The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
• In addition to its primary features, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
• Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for everyone

The Cons

• Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its customers
• As traders may opt to post any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to boost their rating this could be a problem that shouldn’t be ignored.
• Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many services that the platform can provide

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The Final Verdict: 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 get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, it is best to keep curiosity. Profitly 529

What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck could discover Profit.ly’s range of resources useful as they do their best to reduce losses and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!

So, if you genuinely want to become better at trading and wish to learn from your peers and experts along the way, then look no further – Profit.ly may be a great choice to start.

FAQ Profitly 529

How can you make use of Profit.ly to post your trades?

Profit.ly offers the option of allowing trade entries in the ‘My Trade section of the dashboard which lets you record your trades, verifiable or otherwise. There are three options:

1. Linking your account with your brokerage of choice and then importing transactions directly through there
2. Manually inputting your trades with specified spaces and information.
3. Upload a screenshot of your transactions

What can I do to determine whether the trade is authentic or not?

If you buy your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.

The disadvantage of an unverified trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.

Is the Profit.ly mobile app still in use?

At the time of writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.

How many people are currently using Profit.ly?

Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.

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