The stock market can be an exciting game with high stakes. Some days, you might have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to the point you were at your most productive. If you’re immersed in the water, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you in your growth within the field. This review will take a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Across The World
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders who are starting out and as a hub for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been done before.” The concept was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students as well as) making it possible for all users to be enlightened by both the wins and losses to the benefit of the trading industry. Profitly Across The World
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You may set up an account on the site for free, but you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account with your experience and skills, join to your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at the performance of the trading community as well as its experts. You’re not just allowed to prove value to a large group of traders, but you can also utilize Profit.ly to shop with a guru, and have the confidence that you are confident in their skills and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you can choose to publish your trades, whether verified or not, via screenshots. Included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus via chatrooms in addition to email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for under $5 for each share. The penny stock market is an avenue for small companies to move into a larger market because it allows them to access money from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality TV show “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned substantial profits through their years of expertise. Profitly Across The World
At its height, Profit.ly had housed up to five gurus, all of them a professional in their niche in the field of trading. Some of the prominent experts were 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 this 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 look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and Android devices, 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 package. At $149.95 for a month this is an ideal plan for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Across The World
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also have the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers, each designed for traders at different levels. Let’s break down what these three are and how much they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your hands on what we could call a ruthless process by itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze the results of your analysis, sort, and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your activities publicly available. If you’re interested in gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of many of the features of the Novice plan. In this plan, that you can set up an account that is private to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their trading skills. As nice as it seems but there’s one important feature that is missing. As opposed to the prior Novice package, you will not be able to see other traders’ stats that could be a problem for those who are anticipating this level. Profitly Across The World
The Pro plan is the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, with 22% off when billed annually, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
Not only do you get to look at other people’s statistics, but you’re also given the opportunity to create your own private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly provides a variety of additional services that it can offer. One of them is the online store, which lets users choose from a wide array of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly it’s seen as a space where experts and their members can interact and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members there. One of them may be a laid-back person who is rarely engaged, while another could be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. They will also be provided with videos every week and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items in its online store that they can take with them wherever they travel. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that the process is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable to the newcomers. While the newbies may not be as proficient in managing trading but the experts already know how it works along with the risky mix that come with it. It is ideal to utilize Profit.ly’s array of features to their best advantage to improve their skills in trading. Like novices, they can learn from the experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to guide them through the ever-illustrious trading process. Profitly Across The World
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and tips from the in-house gurus, including libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build 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 photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to post any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the number of services that the platform can offer
The Final Verdict is: Is Profit.ly Worth It?
If we could come up with the answer, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, you need to have an open mind. Profitly Across The World
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck may discover Profit.ly’s array of resources helpful when they try their best to avoid loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Across The World
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the “My Trade section of the dashboard which lets you post your trades, either verified or not. There are three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is the probability that it’s verifiable. This is shown by the blue check mark. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.