The stock market can be an extremely risky game. Some days, you may enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were at your peak. If you’re always in the mud You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you in your growth in the market. This review will be taking the time to look at Profit.ly is a well-known one-stop 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.
Overall Rating: 4.1/5 Profitly Cant Loggin
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide 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 site for trading which serves as a training and learning platform for traders new to trading and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for trade and communication and letting traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been done before.” The concept was, he said, serving two purposes: 1) making public records for not just the gurus and newsletter writers and students, and 2) making it possible for anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Profitly Cant Loggin
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of features and services aimed at achieving the success of their business. You may set up an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and follow 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’ll need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
The process of opening an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of how the community of traders performs and its gurus. You’re not just allowed to prove that you’re worthy to the group of traders, but you can also use Profit.ly to buy 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 idea of divulging the details of your broker account then you could decide to share your trades, whether verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading classes and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus via chatrooms along with 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 trading personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for under $5 for each share. The trading of penny stocks can be seen as an avenue for small-scale businesses to make the transition into a larger market because it gives them access to capital from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as trader. When he was 25 years old Sykes was given greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place of transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned substantial amounts of money from their collective years of experience. Profitly Cant Loggin
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. When we take that into account Let’s look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices, text, e-mail and push alerts and a daily stock watchlist.
Tim Sykes: 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 monthly, it is an ideal plan for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, including alerts for swing trading and access to a library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Cant Loggin
The Superman Alerts package is his offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base provided by Superman himself, via his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. In addition you’ll also have the ability to access premium reports on research 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 field, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. When you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what call a competitive process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your actions public. If you do want to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use many of the features of the novice plan. It is in this plan that you are able to create an account that is private for sharing with fellow associate users all the insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their skills in trading. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able view the statistics of other traders this could be a problem for those eager to try this new tier. Profitly Cant Loggin
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month which includes an additional 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all features of the prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the opportunity to create your own private profile. Both of these features, plus the other benefits that you can use to the maximum extent. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly has a few additional services that it can provide. One of them is the online store, which lets users choose from a wide array of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You’re probably familiar with chat rooms since you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One of them may be a laid-back person who is rarely active, while another may be more active and in touch in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room tips from the in-house experts and members. They’ll also be able to select from the products in its online store that they can take with them wherever they go. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable to the newcomers. While the newbies may not be as adept at managing trading however, experienced traders know how it works and the risky mix that come with it. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to develop their skills in trading. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Profitly Cant Loggin
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will be taught by experts and insights from its 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 with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its users
- As traders may opt to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly worth it?
If we were able to come up with the answer, it’s an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, you need to have an open mind. Profitly Cant Loggin
What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s variety of resources useful when they try their best to reduce losses and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Cant Loggin
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion within the My Trade section of the dashboard. It lets you record your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is indicated with the small blue check. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed in the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from 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 are 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 assist each other to learn and improve in acquiring stock market opportunities left and right.
