Stock trading is an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your most productive. If you are always in the mud You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve found a platform that can support you in your growth within the field. We’ll be taking an in-depth look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Profitly Airplanejane
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide range of features and tools including trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those who are just beginning their journey and also as a platform 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 network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as a social media site akin to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form 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 founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that has never been previously done.” The concept, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts and students and newsletter writers and secondly) making it possible for all users to learn from the losses and wins to benefit the industry of trading. Profitly Airplanejane
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed toward achievement. You can create an account there for free, but you’re only given access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself the chance to climb your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at the performance of the trading community as well as its gurus. It’s not only a chance to show that you’re worthy to the community of traders, but you can also use Profit.ly to buy with a guru, and have the confidence that you are confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you may decide to share your trades, whether verified or not, via photographs. In Profit.ly are a variety of trading classes as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a large marketplace as it allows them to access money from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. At the age of 25, he had been given greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array 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 made substantial profits from their collective years of experience. Profitly Airplanejane
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and 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 highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 for a month it is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released each week.
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From “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 when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Airplanejane
The Superman Alerts package is his offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, the daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that you’ll also have an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and make a mark on the field, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that cater to traders of 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 those who are new to the trading community. When you sign up for this plan you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what could call a ruthless process by itself.
The list of features you can accomplish with Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you’re looking to gain an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. It is in this plan that you can create an account that is private to share with fellow associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their skills in trading. Although it’s a nice thing, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able view other traders’ stats, which could be a disadvantage for those eager to try this new tier. Profitly Airplanejane
Pro Plan
This is by far the most premium package that Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all features from the two previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the option of creating your own private profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of additional services that it can offer. One of these is its online store, which lets users pick from a range of video products designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and clips 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 array of services and features. You are probably familiar with the chat room since you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly it’s seen as a real-time space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members there. One of them may be laid back and not very often active, while another might be more interactive and online with their students. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and their members. They’ll also be able to pick from the merchandise available in its online store to carry with them wherever they may be. Additionally, they can gain practical 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 those traders who have had decades of experience in the line, we see Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as adept at managing trading, the pros already understand how it works and the plethora of risks that come with it. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to enhance their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to navigate them through the ever-changing trading process. Profitly Airplanejane
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You will receive excellent training and advice from the company’s internal experts, which include 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 out whenever something happens
- The leaderboard feature of the platform offers 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 unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for most of its users
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of an answer to this question, it’s yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, you need to have curiosity. Profitly Airplanejane
What we do mean”yes” is it is a fantastic learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources useful when they try their best to avoid losses and perform better than they did before. It’s not only the struggling traders who will 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 mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Airplanejane
How can you make use of Profit.ly to publish your trades?
Profit.ly includes a trade entry portion in the ‘My Trade section of the dashboard which allows you to post your trades that are verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is the likelihood that it can be verified. This is shown by the small blue check. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.
