The stock market can be a high-stakes game. On some days, you might have the benefit of positive and satisfactory numbers. On other days you may experience the opposite and it could be very difficult to return to where you were at your peak. If you’re immersed in the water it is important be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your growth in the industry. This review will take an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly App Apple
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable responsible, transparent, and uplifting 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 material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for people who are starting out and as a hub for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade and letting traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was created 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 for Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers and secondly) allowing anyone on the platform to learn from the losses and wins to benefit the industry of trading. Profitly App Apple
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. You may set up an account there at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users an insight into their performance as a trading group as well as its gurus. It’s not only a chance to prove that you’re worthy to the community of traders. You are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you are unsure about the idea of divulging your brokerage account, then you could decide to share your trades, verified or not, via pictures. Included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, along with 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 personality who is famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have earned substantial profits through their years of expertise. Profitly App Apple
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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 we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to 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 from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices; text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, it is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features that were included 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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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly App Apple
The Superman Alerts package is his offering of essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. In addition you’ll also gain the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. As you sign to this plan you’ll be provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what call a competitive process by itself.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. In this plan, that you can create an individual profile that allows you to share with other associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their skills in trading. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able to view the statistics of other traders, which could be a problem for some who may be eager to try this new tier. Profitly App Apple
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, which includes 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create a private profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users pick from a range of instructional videos that are created to guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s variety of services and features. You are probably familiar with the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on area where experts and members can interact and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. Some may be more laid back and rarely active, while another may be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. They will also be enriched with weekly videos and chat room advice from its in-house gurus and their members. Additionally, they can choose from the items from its online store for them to take wherever they go. You can also get hands-on experiences from trading within the platform, however, they will soon learn that this is a high-stakes game that should not be viewed as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s range of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the top experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Profitly App Apple
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for most of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to improve their ratings this could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many features the platform is able to provide
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The Final Verdict is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used in this way. Instead, you should have the ability to think with an open heart. Profitly App Apple
What we do mean”yes” is it can be a great learning tool. Those who may be stuck might discover Profit.ly’s array of resources useful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
If you truly care about being better at trading and wish to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly App Apple
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion within the ‘My Trade’ category of the dashboard. It lets you post your trades that are verified or not. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market both right and left.
