The stock market can be a high-stakes game. On certain days, you might enjoy the benefits of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to get back to the point you were at your peak. If you find yourself immersed in the water You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe. That’s why we’ve identified a platform that can support you to improve your performance in the industry. This review will take the time to look at Profit.ly is a well-known 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 Around The Market
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those new to trading and as a hub for traders with experience to keep track of their performance with the help of advanced analytics tools. Offering users a broad variety of tools for communication and trade, it helps traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Think of it as an online social media platform similar to Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” This idea Sykes said served two goals: 1.) making public records for everyone, not just the experts as well as newsletter authors and students and secondly) allowing everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Profitly Around The Market
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving success. It is possible to create an account on the site for free, but you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll be given the chance to climb through high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its gurus. It’s not just a way to demonstrate your worth to a group of traders, but you can also utilize Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may decide to share your trades, verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile and other methods to interact with your experts through the chatroom along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for less than $5 per share. The penny stock market is an opportunity for small companies to move to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger impact when he was a part of the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit through their years of expertise. Profitly Around The Market
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the 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 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 take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on 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, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are involved in penny stock trading. Pennystocking Silver includes all the basic features of prior plans, including alerts for swing trading and access to a library of over 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Around The Market
The Superman Alerts package is his offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market updates in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base that is provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally you’ll also gain an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to get you going. The platform has 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
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. Once you have signed up for this package you’ll be given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort as well as filter trades; and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you’re looking to have access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from many of the features of the Novice plan. In this plan, that you are able to create a private profile to share with fellow associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to develop their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics, which might be a drawback for some who may be looking forward to this tier. Profitly Around The Market
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes a 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all the options of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create your own private profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly provides a variety of other services they provide. One of these is its online store, which lets users pick from a range of instructional videos that are designed to inform and help you understand the ins and outs of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly, it is seen as a area where experts and members trade and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. Some may be a laid-back person who is not very often active, while another might be more interactive and online with their students. Consider chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can select from the products in its online store to carry with them wherever they go. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a high-stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable to them as people who are just beginning. Although the novices might not be as adept at managing trading however, experienced traders know how it works along with the risky mix associated with it. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Profitly Around The Market
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its customers
- As traders may opt to post any kind of trade, there is a 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 simply 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 Concluding Question: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, you should have curiosity. Profitly Around The Market
What we do mean”yes” is it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful as they do their best to reduce losses and perform better than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Around The Market
How can you make use of Profit.ly to publish your trades?
Profit.ly has an entry section for trades in the “My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unverified trade is the possibility of receiving negative feedback from fellow peers. Too many downvotes may cause you to be listed at the top of 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 for download on the Apple App Store as well as in the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market left and right.
