Stock trading is an exciting game with high stakes. Some days, you could have the benefit of positive and satisfying numbers. On other days, the opposite may happen and it could be very difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter it is important to realize that relying on instinct and survival may not always be enough.

If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve found an online platform that will help you to improve your performance in the industry. This review will take an in-depth 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.

Overall Rating: 4.1/5 Profitly Alongside A Company

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

User Experience: 4.5/5

Summary

Profit.ly is an online trading platform that allows traders of different levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.

How do I define Profit.ly?

Profit.ly is a trading website that functions as a training and learning platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad variety of tools for trade and communication, it helps traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.

Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.

One time , during an interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea, he added, served two purposes: 1) making public records for not just the gurus as well as newsletter writers and students and secondly) giving anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Profitly Alongside A Company

How Does It How Does It

Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared towards achieving the success of their business. You may set up an account there for free, but you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll discuss in the near future.

The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a look at the performance of the trading community and its experts. You’re not just allowed to demonstrate your worth to a community of traders, but you can also use Profit.ly to shop with a guru, and have the assurance that you’re confident with their expertise and the legitimacy of their assertions.

If you feel uneasy with the concept of leaking information about your account with a brokerage, you may decide to share your trades, whether verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account and other methods to communicate with your gurus through the chatroom as well as email and text alerts as well as updates.

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into trades in penny stocks. 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 can be seen as an opportunity for small companies to move to a large marketplace as 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 is sure to reveal because of his decades of experience.

From his beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and a larger reach of influence as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of transparency and for the community to lift each other up and compete with each other through the platform.

The Profit.ly Gurus

One of Profit.ly’s amazing features is the wide range of learning 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 through their years of knowledge. Profitly Alongside A Company

At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus 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. With that taken into consideration Let’s look at the packages each guru has to offer.

From Tim Sykes: Tim’s Alerts

Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll 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, as well as the mobile app that’s available to iOS and Android devices; email, text, and push alerts; and a daily stock watchlist.

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 per month, this is a great option for those who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos, with new ones released weekly.

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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 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 total trading profits. Profitly Alongside A Company

The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.

In “Superman” Paul Scolardi: Superman Pro

For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. In addition you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.

Profit.ly Plans and Costs

If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that cater to traders with different levels. Let’s break down what these three tiers are and how much they will cost you.

Novice Plan

This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. Once you have signed up for this plan you’ll be offered a range of strong and essential trading tools, each one of them essential in keeping your fingers on what we call a competitive procedure in its own.

Among the list of things you can do 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 messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and, lastly, view other’s stats.

The Novice plan will cost $29.95 per monthly payment. Although it might look appealing for the price alone, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in have access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.

The Trader Plan

The Trader package allows you to use a majority of features from the novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from the trading community.

The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ statistics this could be a problem for those who are looking forward to this tier. Profitly Alongside A Company

Pro Plan

The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, with a 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all the features of the previous plans.

In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these options, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro tier could be ideal for you!

Profit.ly’s Other Services

Apart from the provided trainer tools and Leaderboards Profit.ly offers a number of more services it has to provide. One of those is its online store, where customers can choose from a wide array of videos created to guide you through the nuances and pitfalls 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 like the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes from The Annual Pennystocking Conference, and products from other expert traders.

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The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You may be familiar with the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat support. But on Profit.ly it’s seen as a hands-on area where experts and members trade and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. One of them may be more laid back and rarely engaged, while another could be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of a 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 traders, from novices to experienced professionals. With the variety of deals it offers this platform definitely has something for every person.

For instance, newbies 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 and members. Additionally, they can select from the products on its store online to carry with them wherever they may travel. They can also gain hands-on experiences by trading through the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be taken as a joke.

For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable to the newcomers. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks to help them along.

Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Profitly Alongside A Company

Profit.ly’s Pros and Pros and

The Pros

• Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
• You get to receive excellent training and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
• You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you when something goes wrong.
• The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
• In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via photographs
• Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for all

The Cons

• Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its users
• Since traders can choose to make any type of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be ignored.
• Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the number of services the platform has to provide

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The Final Verdict: Is Profit.ly worth it?

If we were able to come up with an appropriate answer for this query, it would be yes. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, you need to have curiosity. Profitly Alongside A Company

What we do mean”yes” is it can be a great learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources helpful as they do their best to avoid losses and perform better than before. It’s not only the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!

So, if you genuinely want to become a better trader and want to be taught by your peers and experts on the way, look no further – Profit.ly may be a great option to begin.

FAQ Profitly Alongside A Company

What are the best ways to use Profit.ly to post your trades?

Profit.ly includes a trade entry portion within the “My Trade’ category of the dashboard. It lets you record your trades, either verified or otherwise. There are three choices:

1. Linking your account with your broker of choice and import transactions directly through there
2. Manually entering your trades using provided spaces and specifics
3. Upload a screenshot of your trades

How can I tell if the trade is verifiable or not?

If you purchase your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.

The downside of having an unauthenticated trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.

Does the Profit.ly mobile application still available?

As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.

How many people are connected to Profit.ly?

Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market both right and left.

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