The stock market can be an extremely risky game. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to get back to the point you were at your best. If you are immersed in the water You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe, which is why we’ve identified an option that can help you in your improvement in the industry. We’ll be taking an in-depth look at Profit.ly is a well-known 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 Above Ground Pool
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be informed responsible, transparent, and to build relationships with each other through its broad array of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for those who are starting out and as a hub for traders who are experienced to monitor their performance through the use of advanced analytics tools. Providing users with a wide array of options to facilitate trade and communication that help traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as an online social media platform similar like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not allow for fraud as much as it is possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” The idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts and students and newsletter writers and secondly) making it possible for all users to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Above Ground Pool
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of tools and services that are geared towards achieving achievement. It is possible to 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 people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at their performance as a trading group and its gurus. It’s not only a chance to demonstrate your worth to a community of traders, but you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you may decide to share your trades, whether verified or not, via pictures. Also included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile and other methods to communicate with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an avenue for small companies to move to a market that is larger as it gives them access to funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. At 25 years old, he had been given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit through their years of experience. Profitly Above Ground Pool
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 others. At the time of writing 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. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices; email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 monthly, this is the perfect plan for those who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released every week.
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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 both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Profitly Above Ground Pool
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile application, daily market commentary shown in real time, and email and SMS 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 via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking 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 going. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three 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 world. When you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to gain an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use a majority of features from The Novice package. This plan allows that you can create a private profile for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their trading skills. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which could be a problem for those who are looking forward to this tier. Profitly Above Ground Pool
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, and an additional 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all the features of the prior plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. These two features are in addition to the benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly has a few other services they offer. One of those is its online store, where customers can select from a variety of videos designed to inform and help you understand the ins and outs of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and footage of 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 range of services and features. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members there. One might be more laid back and less engaged, while another could be more active and in touch to their pupils. Think of chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room tips from the in-house experts and members. Additionally, they can 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, but ultimately, they will soon learn that trading is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works along with the plethora of risks that it carries. It is ideal to use Profit.ly’s array of options to their maximum advantage to develop their trading skills. Like novices, they can learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Profitly Above Ground Pool
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its users
- Since traders can choose to open any kind of trade, there is a possibility that some of them could profit from cherry-picking the best trades to boost their rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users are expected to immediately benefit from the many services the platform has to offer
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The Final Verdict is: Is Profit.ly Valued?
If we could think of an answer to this question, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally meant to be designed in this way. Instead, you need to have the ability to think with an open heart. Profitly Above Ground Pool
What we do mean”yes” is that it could be a useful learning tool. People who are stuck may find Profit.ly’s array of resources to be helpful in their efforts to reduce losses and perform better than they did before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Above Ground Pool
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade category on the dashboard. It lets you post your trades, verifiable or not. There are three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is indicated with the small blue check. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market left and right.