Stock trading is a high-stakes game. On certain days, you might be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be very difficult to return to where you were at your peak. If you are immersed in the water, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve suffered occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve identified an online platform that will help you in your improvement within the field. In this review, we’ll 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Across The Universe
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 different levels to be informed, transparent, accountable, and encouraging each other by offering a wide array of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea Sykes said served two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers, and 2) giving anyone on the platform to learn from the losses and wins to benefit the industry of trading. Profitly Across The Universe
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of services and features geared towards achieving success. It is possible to create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll be given a chance to shoot your way to 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 gurus. It’s not only a chance to show that you’re worthy to the group of traders, as you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you can choose to publish your trades, verified or not, via screenshots. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile, and more ways to interact with your experts via chatrooms in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is 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 is an avenue for small businesses to transition to a large marketplace as it allows them to access funds from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have proven to make substantial profits from their collective years of knowledge. Profitly Across The Universe
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the most prominent gurus 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: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A standalone purchase of 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, as well as texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 for a month this is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in earlier plans such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profitly Across The Universe
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. In addition, you’ll also get access to premium research reports and an 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 market, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers that are designed to accommodate traders with different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and giving feedback on the trades of today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, which makes your personal information public. If you’re looking to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. It is in this plan that you are able to create an individual profile that allows you to share with fellow associates all your 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 catering people who want to improve their skills in trading. Although it’s a nice thing, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able view other traders’ statistics that could be a problem for those eager to try this new tier. Profitly Across The Universe
Pro Plan
This is by far the most luxurious package Profit.ly can offer to experienced traders. At $74.95 per month, with 22% off for annual billing the Pro plan has it all. It gives you full, unlimited access to all the features from the two previous plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the option of creating a 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 a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, where customers can choose from a wide array of video products designed to inform and provide guidance on the ins and outs of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and clips of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. But in Profit.ly the chat room is viewed as a area where experts and members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members there. One might be a laid-back person who is not very often active, while another might be more online and communicative to their pupils. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. They will also be provided with videos every week and chat room advice by its internal gurus and their members. Additionally, they can select from the products on its store online that they can take with them wherever they may go. They can also gain hands-on experience trading on the platform, however they’ll realize that this is a high stakes game that should not be viewed as a joke.
For the traders with many years of experience down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works along with the plethora of risks associated with it. It is ideal to make use of Profit.ly’s variety of features to their full advantage to develop their skills in trading. As beginners, they are able to learn from the top experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profitly Across The Universe
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates 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 customers
- As traders may opt to make any type of trade, there is an opportunity that some them will profit by picking the most profitable trades to increase the rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you need to have the ability to think with an open heart. Profitly Across The Universe
What we mean”yes” is it could be a useful learning tool. People who are stuck may find Profit.ly’s array of resources helpful in their efforts to avoid losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become more successful in trading and would like to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Across The Universe
How can you make use of Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the “My Trade category on the dashboard. It lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public can see who’s 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 and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of stock market opportunities all over the world.
