Stock trading can be an exciting game with high stakes. On certain days, you may have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it could be very difficult to get back to where you were at your most productive. If you’re immersed in the water You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you in your growth in the industry. We’ll take a look at Profit.ly, a well-recognized all-in-one 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 Along Am I
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Consider it a social media site akin to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus, but also the newsletter writers and students, and 2) making it possible for anyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Profitly Along Am I
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed toward the success of their business. You may set up an account on the site for free, but you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re ready 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 offers, which we will go over shortly.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to show value to a community of traders, as you can also utilize Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you can decide to share your trades, whether verified or not, by taking screenshots. Included in Profit.ly are the vast number of trading courses, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms along with 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 trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small companies to move into a larger market because they can access money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trading professional. At the age of 25 Sykes was given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned substantial amounts of money from their collective years of experience. Profitly Along Am I
At its peak, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on this platform: the founder as well as 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 Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as Android devices, as well as text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month this is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Along Am I
The Superman Alerts plan is his offering of essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket as well as the mobile application, daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. In addition you’ll also gain 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 looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. When you sign up for this package you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, as well as filter trades; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. You can’t create a private account, making your actions public. If you’re interested in have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from the majority of features available in the novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to harness their expertise in trading. Although it’s a nice thing, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to see the statistics of other traders that might be a drawback for those looking forward to this tier. Profitly Along Am I
Pro Plan
The Pro plan is the most premium package that Profit.ly offers to experienced traders. With $74.95 each month and a 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all options of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create an individual profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly provides a variety of more services it has to provide. One of these is its online store, which lets users select from a variety of video products that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other related to trading, videos and footage of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You may be familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that provide live chat support. But on Profit.ly, it is seen as a area where experts and members can interact and share knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members. Some may be a laid-back person who is not very often active, while another may be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for all.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room tips by its internal gurus and their members. They’ll also be able pick from the merchandise available in its online store for them to take wherever they go. Additionally, they can gain practical experiences by trading through the platform, but eventually, they will soon learn that trading is a risky game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited for them as it is for people who are just beginning. While the newbies may not be as proficient in handling trading matters however, experienced traders know the way it functions and the plethora of risks that come with it. It is ideal to use Profit.ly’s variety of features to their full advantage to develop their trading abilities. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Profitly Along Am I
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its users
- If traders decide to open any kind of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to improve their ratings this could be a concern that should not be ignored.
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could think of the answer, it’s yes. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, you should have an open mind. Profitly Along Am I
What we do mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s range of resources helpful when they try their best to incur lesser loss and perform better than before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become a better trader and want to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Along Am I
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade’ category of the dashboard that lets you post your trades, verifiable or not. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is indicated with the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are the Profit.ly mobile application 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 version of the app is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just trying to maximize profits but also help each other develop and grow in their ability to take advantage of stock market opportunities left and right.
