The stock market can be an extremely risky game. Some days, you may have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen and it can be extremely difficult to return to the point you were at your peak. If you are constantly stuck in the gutter You will need to recognize that relying on your instincts and preserving is not always 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 a significant boost from your trading partners from all over the globe, which is why we’ve discovered an option that can help you to improve your performance in the market. We’ll be taking an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly At Night
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed, transparent, accountable, and encouraging one another through its wide variety of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders new to trading and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as is humanly possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” The concept, he added, served two purposes: 1) creating public track records for everyone, not just the experts as well as students and newsletter writers as well as) giving everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Profitly At Night
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared toward success. You may set up an account there for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offerings, which we will go over shortly.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into their performance as a trading group as well as its gurus. It’s not just a way to prove that you’re worthy to the large group of traders. You are also able to use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you may opt to post your trades, either verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading courses, the ability to view statistics on a person’s profile and other methods to communicate with your gurus through the chatroom as well as text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market is an opportunity for small companies to move to a large marketplace as it allows them to access funds from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal through his many years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education 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 proven to make significant amounts of profit through their years of experience. Profitly At Night
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next move that is possible when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app 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, upgraded version of the Tim’s Alerts program. At $149.95 for a month it is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “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 earnings. Profitly At Night
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally you’ll also have an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that cater to traders of different levels. Let’s break down what these three are and how much they will cost you.
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. As you sign up for this plan you’ll be given a slew of robust and vital trading tools, each of them integral in keeping your hands on what we could call a ruthless procedure in its own.
Some of the features you can do with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you’re interested in get an account with this option, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader plan allows you to use many of the features of the Novice plan. This plan allows that you can set up an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their expertise in trading. As nice as it seems but there’s one important element that’s missing. As opposed to the prior Novice package, you will not be able view other traders’ stats that might be a drawback for some who may be anticipating this level. Profitly At Night
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. With $74.95 monthly, and a 22% discount for billing annually This plan offers it all. You will have full, unrestricted access to all features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which lets users choose from a wide array of video products created to guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You are probably familiar with the concept of chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a area where experts and members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. Some may be a laid-back person who is less engaged, while another could be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
For instance, newbies will appreciate Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they travel. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to the newcomers. While the newbies may not be as proficient in handling trading matters but the experts already know how it works and the plethora of risks associated with it. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the excitement! Trade professionals who are on similar levels to Superman and Tim Sykes can also use the power of 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 At Night
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its users
- If traders decide to post any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as its premium users are expected to instantly take advantage of the numerous services that the platform can provide
The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it would be yes. However, you must realize that the platform should not be used as a get-rich-quick scheme. The platform was not always intended to be created to achieve this goal. Instead, you need to have an open mind. Profitly At Night
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s range of resources useful as they do their best to avoid loss and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become better at trading and wish to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly At Night
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the ‘My Trade category on the dashboard that allows you to post your trades, either verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as 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 traders and investors, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring stock market opportunities left and right.