Stock trading can be a high-stakes game. On certain days, you may enjoy the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your most productive. If you find yourself always in the mud, you will have to realize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the world, which is why we’ve found a platform that can support you in your growth within the field. In this review, we’ll be taking a look at Profit.ly, a well-recognized 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 Aya
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed and accountable, as well as transparent and encouraging each other through its broad variety of tools and features like chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication 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 this platform. Imagine it as a social media site akin to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been done before.” This idea was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students and secondly) giving all users to gain insight into both the wins and losses for the trading industry’s benefit. Profitly Aya
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of tools and services that are geared toward success. You may set up an account at no cost, however you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs as well as its gurus. It’s not only a chance to demonstrate your worth to a group of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account then you could opt to post your trades, whether verified or not, via photographs. Included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile and other methods to connect with your gurus in the chatroom, in addition to 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 trading guru who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small businesses to transition to a market that is larger as it gives them access to money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trading professional. At the age of 25, he had been given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have earned significant amounts of profit from their combined years of expertise. Profitly Aya
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 gurus 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 as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to 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 version, with an upgraded version of Tim’s Alerts package. It costs $149.95 per month, this is a great option for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in the previous plan, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Aya
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “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 through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that, you’ll also get an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three tiers 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 new to the world of trading. Once you have signed up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private profile, which makes your personal information public. If you do want to get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to use a majority of features from the Novice plan. This plan allows that you can create a private profile to share with other associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their trading skills. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able view other traders’ stats, which could be a disadvantage for those anticipating this level. Profitly Aya
This is by far the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month and a 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all the options of the prior plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create your own private profile. These two features are plus the other benefits that you can use to the fullest potential. If you’re in search of an option that gives all the features you need to be an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly provides a variety of other services they provide. One of those is its online store, which lets users pick from a range of videos created to help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room as you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly it’s 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 dealing with the members there. One might be more laid back and less active, while another may be more interactive and online to their pupils. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts and their members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they be. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as proficient in handling trading matters however, experienced traders know how it works along with the stack full of risks that it carries. Ideally, they may make use of Profit.ly’s array of features to their full advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Profitly Aya
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 tools, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its users
- Since traders can choose to post any kind of trade, there’s the 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 overlooked.
- Profit.ly does not accept refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with the answer, it would be yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, you need to have an open mind. Profitly Aya
What we do mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources useful as they do their best to reduce losses and be more successful than before. It’s not just the poor traders that can benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Profitly Aya
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high chance that it is verifiable. This is indicated with the small blue check. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unverified trade is the risk of receiving downvotes from colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.