The stock market can be an extremely risky game. On some days, you could enjoy the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it could be extremely difficult to get back to the point you were at your best. If you’re constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve identified a platform that can support you in your improvement within the field. This review will be taking the time to look at Profit.ly A well-respected 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 Gohan’S Namekian Mentor
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders new to trading as well as a place for experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication that help traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” This idea was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus, but also the students and newsletter writers and secondly) allowing all users to be enlightened by both losses and wins to the benefit of the trading industry. Profitly Alongside Gohan’S Namekian Mentor
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed at achieving the success of their business. It is possible to create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you have yourself the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to prove value to a large group of traders, as you can also utilize Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account then you could opt to post your trades, either verified or not, via screenshots. Included in Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom in addition to notifications via email or text 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 has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition to a market that is larger as it allows them to access money from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as trading professional. At 25 years old, he had been given greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit from their combined years of expertise. Profitly Alongside Gohan’S Namekian Mentor
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A single 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; text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, it is the perfect plan for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Alongside Gohan’S Namekian Mentor
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real time, and email and SMS alerts.
The film “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 his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition, you’ll also get access to premium research reports and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in have access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of many of the features of the novice plan. It is in this plan that you can create a private profile for sharing with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to develop their expertise in trading. As nice as it seems however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able to see other traders’ stats, which could be a disadvantage for those who are eager to try this new tier. Profitly Alongside Gohan’S Namekian Mentor
This is by far the most expensive plan Profit.ly can offer to experienced traders. At $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 prior plans.
You’re not only able to look at other people’s statistics and data, but you also have the option of creating a private profile. These two features are on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of more services it has to provide. One of these is its online store, which lets users select from a variety of videos that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You are probably familiar with chat rooms since you can find it throughout social and messaging platforms and also on a few specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members. Some may be laid back and less active, while another might be more interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room advice from the in-house experts as well as their members. They’ll also be able choose from the items from its online store to carry with them wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that the process is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as adept at handling trading matters, the pros already understand how it works and the plethora of risks that come with it. Ideally, they may make use of Profit.ly’s range of features to their best advantage to develop their trading abilities. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Profitly Alongside Gohan’S Namekian Mentor
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You get to be taught by experts and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for all
- Profit.ly’s numerous packages and products offered may not be enough for most of its users
- If traders decide to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers 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 Profit.ly Worth It?
If we could think of an answer to this question, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Profitly Alongside Gohan’S Namekian Mentor
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful in their efforts to incur lesser losses and perform better than they did before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being more successful in trading and would like to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Profitly Alongside Gohan’S Namekian Mentor
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the My Trade’ category of the dashboard that lets you post your trades, verifiable or not. You may choose between three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How do I know whether the trade is authentic or not?
If you buy 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 submit the information manually or via pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities in the stock market all over the world.