Stock trading is a high-stakes game. On some days, you may enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to where you were your best. If you’re immersed in the water, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the globe, which is why we’ve discovered an online platform that will help you in your improvement in the market. We’ll be taking an in-depth 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.
Total Rating: 4.1/5 Profitly Beneath The Surface
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed responsible, transparent, and encouraging one another through its wide variety of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are just beginning their journey and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as it is 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 an interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea was, he said, serving two goals: 1.) creating public track records for not just the gurus, but also the newsletter authors and students and secondly) making it possible for everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Profitly Beneath The Surface
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared toward success. You can create an account there for free, but you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll have an opportunity to make through high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to demonstrate value to a large group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can choose to publish your trades, either verified or not, via pictures. In Profit.ly is the huge selection 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, 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 famously known for delving his hands into penny stock trading. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading is an opportunity for small companies to move to a market that is larger as it gives them access to capital from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. At the age of 25, he had been given more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the trading experts who have proven to make substantial amounts of money from their combined years of knowledge. Profitly Beneath The Surface
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this platform: the 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 take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS as well as Android devices, email, text, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 for a month this is the perfect plan for investors who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features found in the previous plan, such as alerts for swing trading and access to a rich library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Beneath The Surface
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that you’ll also gain access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, all one of them essential in keeping your fingers on what we call a competitive procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades and lastly, look at other’s stats.
The Novice plan is $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, which makes your personal information public. If you’re looking to gain access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. In this plan, that you are able to create an account that is private for sharing with fellow associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their expertise in trading. Although it’s a nice thing but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able to view other traders’ statistics that might be a drawback for some who may be anticipating this level. Profitly Beneath The Surface
Pro Plan
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, with 22% off for annual billing, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the option of creating a private profile. These two features are plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly has a few other services they provide. One of those is its online store, where customers can choose from a wide array of instructional videos that are that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” 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 clips from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You are probably familiar with the chat room since you can find it throughout social and messaging 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 can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. Some may be a laid-back person who is not very often active, while another might be more active and in touch with their students. Think of chat rooms as 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 caters to a large variety of stock traders, ranging from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and members. They’ll also be able choose from the items in its online store that they can take with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as proficient in managing trading but the experts already know the way it functions and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their best advantage to develop their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. Profitly Beneath The Surface
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You get to receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach 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 unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its users
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to improve their ratings this could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the many services the platform has to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, it is best to keep curiosity. Profitly Beneath The Surface
What we are referring to”yes” is that it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s variety of resources useful in their efforts to avoid loss and perform better than before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you really want to become a better trader and want to learn from your mentors and peers throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Profitly Beneath The Surface
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the “My Trade category on the dashboard that lets you post your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is indicated with the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another learn and improve in acquiring stock market opportunities all over the world.
