The stock market can be a high-stakes game. On some days, you might have the benefit of positive and satisfying numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to return to where you were at your best. If you are always in the mud, you will have to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the globe, which is why we’ve discovered an option that can help you in your improvement in the market. In this review, we’ll take the time to 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.
Total Rating: 4.1/5 Profitly 800 Number
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 informative and accountable, as well as transparent and to build relationships with one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training 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 cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t allow for fraud as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never prior to.” The idea Sykes said served two purposes: 1) making public records for all traders, not just the gurus, but also the students and newsletter writers as well as) allowing anyone on the platform to learn from the losses and wins to benefit the industry of trading. Profitly 800 Number
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of services and features geared toward success. You can create an account on the site for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its experts. It’s not only a chance to prove value to a community of traders, but you can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you may opt to post your trades, whether verified or not, by taking photographs. In Profit.ly are the vast number 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, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. At 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also helped to establish Profit.ly as a place of openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money from their combined years of knowledge. Profitly 800 Number
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this 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 the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to predict the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, it is a great option for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features of earlier plans such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly 800 Number
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile application, daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself, via the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. On top of that you’ll also gain an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. As you sign up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to get access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can create an account that is private to share with fellow associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, you will not be able to see the statistics of other traders this might be a drawback for those anticipating this level. Profitly 800 Number
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes 22% off for annual billing the Pro plan has everything. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the chance to create an individual profile. Both of these features, on top of all the benefits that you can use to the maximum extent. If you’re in search of an account that will give 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 provided tools for training and Leaderboards 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 instructional videos that are designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and scenes taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time space where experts and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. Some may be a laid-back person who is less engaged, while another could be more online and communicative with their students. Consider chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from novices to the most experienced. Considering the number of offers it has to offer, the platform surely has something for all.
For instance, newbies can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and their members. They’ll also be able select from the products in its online store to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, however they’ll realize that this is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works along with the risky mix that come with it. It is ideal to make use of Profit.ly’s variety of features to their best advantage to develop their trading skills. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks 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! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Profitly 800 Number
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders across the globe with a wealth of education, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Profitly 800 Number
What we mean”yes” is that it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s range of resources helpful in their efforts to reduce losses and perform better than before. It’s not just the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you truly care about being better at trading and wish to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly 800 Number
How can you make use of Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries in the ‘My Trade’ category of the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Take a photo of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and in 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 is currently home to over 150,000 investors and traders, because they are not just seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.
