The stock market can be a high-stakes game. On some days, you may have the benefit of pleasing and positive numbers. On other days it could be the reverse and it could be very difficult to return to the point you were at your peak. If you are immersed in the water it is important to realize that relying on instinct and survival might not be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the world, which is why we’ve found an online platform that will help you in your growth in the industry. We’ll take a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Between Two Numbers
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features like chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions 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 sophisticated analytics tools. It provides users with a vast array of options for communication and trade, it helps traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries that the site. Think of it as a social media site akin to Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never done before.” This idea, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts as well as newsletter writers and students as well as) making it possible for anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Profitly Between Two Numbers
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared toward achievement. You may set up an account there at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you’ll be given the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users an insight into their performance as a trading group and its gurus. It’s not only a chance to demonstrate that you’re worthy to the large group of traders, but you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you are unsure about the idea of sharing your brokerage account, then you could opt to post your trades, either verified or not, via photographs. Included in Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts via chatrooms as well as 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 trader who is well-known for his involvement in the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition into a larger market because they can access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as trading professional. At 25 years old Sykes was given more exposure and a wider reach of influence when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to 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 amazing features is the vast array of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have proven to make substantial amounts of money through their years of knowledge. Profitly Between Two Numbers
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 most famous gurus included 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 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available to 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 package. At $149.95 per month, it is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features that were included in earlier plans which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated each week.
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From “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. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Profitly Between Two Numbers
The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For $147/month, you’ll get access daily premarket stock watchlist and the mobile application, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base provided by Superman himself through the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. In addition you’ll also gain the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. When you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re looking to get the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the novice plan. In this plan, that you can set up an account that is private for sharing with fellow associates all your insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to improve their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ stats that could be a problem for those who are looking forward to this tier. Profitly Between Two Numbers
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. With $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 features of the previous plans.
You’re not only able to see other users’ stats and data, but you also have the chance to create a private profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few additional services that it can provide. One of those is its online store, where customers can choose from a wide array of videos that are designed to educate and help you understand the ins and outs of trading. The products listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and scenes taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room since you can see it across social and messaging platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly, it is seen as a area where experts and members trade and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members there. One of them may be a laid-back person who is not very often active, while another may be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for all.
Newbies, for instance, 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 advice by its internal gurus as well as their members. Additionally, they can choose from the items in its online store for them to take wherever they be. You can also get hands-on experiences by trading through the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as adept at managing trading but the experts already know the way it functions and the risky mix that come with it. It is ideal to utilize Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced 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 the power of Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Profitly Between Two Numbers
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, you should have an open mind. Profitly Between Two Numbers
What we do mean”yes” is that 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 loss and perform better than they did before. Not only struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you truly desire to be more successful in trading and would like to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Between Two Numbers
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the ‘My Trade section of the dashboard that allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also to help one another learn and improve in acquiring stock market opportunities both right and left.
