The stock market can be an extremely risky 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 can be very difficult to get back to where you were at your most productive. If you are immersed in the water You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve found an online platform that will help you in your improvement in the industry. We’ll take 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly Beyond Repair
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for people who are starting out and as a hub for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. It provides users with a vast range of resources to facilitate trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was based “on showing every trade, something that was never prior to.” The idea, he added, served two objectives: one) making public records for all traders, not just the gurus and students and newsletter writers, and 2) allowing all users to learn from both losses and wins to the benefit of the trading industry. Profitly Beyond Repair
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of features and services aimed at achieving success. You may set up an account at no cost, however you’re only given 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 sign up to one of Profit.ly’s offerings that we’ll review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users an insight into their performance as a trading group as well as its gurus. It’s not only a chance to prove value to a large group of traders, as you can also use Profit.ly to buy with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking the details of your broker account you may decide to share your trades, verified or not, via pictures. Included in Profit.ly are the vast number of courses in trading and the capability to see statistics on a person’s profile, and more ways to connect with your gurus in the chatroom, along with notifications via email or text as well as updates.
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 refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading is an avenue for small companies to move into a larger market because they can access capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell through his many years of expertise.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trader. At the age of 25, he had been given greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of knowledge. Profitly Beyond Repair
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 most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS and 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 program. It costs $149.95 for a month it is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, including swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos, with new ones released each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly Beyond Repair
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and leave a mark in the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three tiers are and how much they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. When you sign to this plan you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you do want to gain access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. This plan allows that you can create a private profile to share with other associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to harness their skills in trading. While it’s nice but there’s one important feature that is missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which could be a problem for those who are eager to try this new tier. Profitly Beyond Repair
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. With $74.95 monthly, which includes a 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all options of the previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating an individual profile. Both of these options, on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly offers a number of more services it has to provide. One of these is its online store, where customers can select from a variety of instructional videos that are created to provide guidance on the ins and outs of trading. All of the products featured in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are also part of Profit.ly’s variety of features and services. You may be familiar with the chat room as you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members there. One of them may be a laid-back person who is less active, while another may be more active and in touch with their students. Think of the chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room tips by its internal gurus and their members. Additionally, they can choose from the items from its online store that they can take with them wherever they may be. They can also gain hands-on experience trading on the platform, however they’ll realize that the process is a risky game that shouldn’t be taken as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as well-equipped with handling trading matters but the experts already know how it works along with the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature 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 at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to assist them in the ever-changing trading process. Profitly Beyond Repair
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow 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
- Apart from its core features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for everyone
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for most of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because its premium users are expected to instantly take advantage of the numerous features the platform is able to offer
The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you need to have curiosity. Profitly Beyond Repair
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck may find Profit.ly’s variety of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not just the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being a better trader and want to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Beyond Repair
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the ‘My Trade category on the dashboard that lets you record your trades, either verified or not. There are three choices:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the chance of receiving downvotes from colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.