Stock trading can be an exciting game with high stakes. On some days, you might have the benefit of pleasing and positive numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were your best. If you are constantly stuck in the gutter You will need to recognize that relying on instinct and survival is not always enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement within the field. This review will be taking a 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.
Total Rating: 4.1/5 Profitly Around The Clock
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for those new to trading as well as a place for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast range of resources for trade and communication that help traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that was never previously done.” The concept Sykes said served two objectives: one) making public records for not just the gurus, but also the students and newsletter writers, and 2) making it possible for everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Profitly Around The Clock
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared at achieving achievement. You may set up an account on the site at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s deals, which we will discuss in the near future.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account, and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its gurus. You’re not just allowed to prove your worth to a community of traders, as you can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you can choose to publish your trades, whether verified or not, via photographs. Included in Profit.ly are a variety of trading courses and the capability to see the stats of a trader’s account as well as other ways to interact with your experts 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 guru who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. Penny stock trading is a stepping stone for small businesses to transition to a market that is larger as it allows them to access capital from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have made substantial amounts of money from their collective years of experience. Profitly Around The Clock
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise 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. At the time of writing, only two gurus remain on the 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 look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS and Android devices; texts, emails, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, it is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Around The Clock
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that cater to traders at different levels. Let’s look at what the three are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. Once you have signed to this plan, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your fingers on what could call a ruthless process by itself.
The list of features you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even texting other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re looking to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from The Novice package. This plan allows that you can set up a private profile to share with fellow associate users all the insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their expertise in trading. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able view other traders’ stats this could be a problem for some who may be eager to try this new tier. Profitly Around The Clock
This is by far the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 monthly, and an additional 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all the features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create a private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly offers a number of additional services that it can provide. One of those is its online store, which lets users choose from a wide array of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room since you will see it on social and messaging platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. One might be a laid-back person who is less active, while another might be more interactive and online in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus and their members. Additionally, they can choose from the items on its store online for them to take wherever they travel. Additionally, they can gain practical 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 decades of experience in the road, we consider Profit.ly as equally as suitable to people who are just beginning. 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 array of options to their maximum advantage to improve their trading abilities. Like novices, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to navigate them through the ever-changing trading process. Profitly Around The Clock
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s bountiful stream of packages and products offered may not be enough for most of its customers
- As traders may opt to open any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you need to have an open mind. Profitly Around The Clock
What we do mean”yes” is it can be a great learning tool. For those who are struggling, they could find Profit.ly’s range of resources helpful as they do their best to reduce loss and perform better than before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
If you truly desire to be more successful in trading and would like to learn from your fellows and gurus along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Profitly Around The Clock
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the My Trade section of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from 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 reputable brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up in the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Does the Profit.ly mobile application still available?
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 app version is compatible with most operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of stock market opportunities all over the world.