Stock trading can be an exciting game with high stakes. On some days, you may enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were your best. If you are immersed in the water You will need to realize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve identified an option that can help you in your improvement in the market. We’ll take 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Bitcf
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative and accountable, as well as transparent and encouraging each other through its broad range of features and tools including chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for those new to trading and also as a platform for experienced traders to track their performance with the help of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade that help traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the transactions are legitimate and will not allow for fraud as much as it is possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” The idea was, he said, serving two objectives: one) creating public track records for not just the gurus as well as students and newsletter writers, and 2) making it possible for all users to gain insight into both the wins and losses to the benefit of the trading industry. Profitly Bitcf
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving success. It is possible to create an account there at no cost, however you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking 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 offers that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs as well as its experts. You’re not just allowed to prove that you’re worthy to the community of traders, but you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could decide to share your trades, either verified or not, by taking screenshots. In Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account and other methods to interact with your experts in the chatroom, in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. The trading of penny stocks is a stepping stone for small businesses to transition into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as trading professional. At the age of 25 Sykes was given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a place of transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made substantial profits from their combined years of expertise. Profitly Bitcf
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise within the world of trading. Some of the prominent 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: 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 the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, as well as email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Bitcf
The Superman Alerts plan is an offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base that is provided by Superman himself through the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also have access to premium research reports as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers, each designed for traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and essential 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 using Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you’re looking to gain access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package lets you to use many of the features of the Novice plan. This plan allows that you are able to create an individual profile that allows you to share with other associate users all the insights and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you won’t be able to see the statistics of other traders this might be a drawback for those who are anticipating this level. Profitly Bitcf
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 monthly, with an additional 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all the features from the two previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating your own private profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly provides a variety of other services they provide. One of these is its online store, which lets users choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other aspects of trading. There are also clips and scenes taken from events like 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 variety of features and services. You are probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a area where experts and members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members. Some may be more laid back and less active, while another might be more online and communicative with their students. Consider chatrooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, from novices to the most experienced. Given the wide range of options it offers this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and members. Additionally, they can choose from the items in its online store for them to take wherever they may go. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the line, we see Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at handling trading matters however, experienced traders know the way it functions and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. Profitly Bitcf
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for every person
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its users
- Since traders can choose to make any type of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the many features the platform is able to provide
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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 wasn’t originally meant to be designed to achieve this goal. Instead, you should have curiosity. Profitly Bitcf
What we mean”yes” is it can be a great learning tool. People who are stuck could discover Profit.ly’s variety of resources helpful in their efforts to reduce loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be a better trader and want to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly Bitcf
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades in the ‘My Trade’ category of the dashboard which allows you to post your trades, verifiable or not. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.