Stock trading can be an extremely risky game. Some days, you could have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it can be very difficult to get back to where you were at your best. If you find yourself constantly stuck in the gutter You will need to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the market. We’ll be taking an in-depth look at Profit.ly, a well-recognized 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.
Total Rating: 4.1/5 Profitly Circa 2021
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 responsible, 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 material.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for trade and communication, it helps traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Think of it as an online social media platform similar to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” The concept Sykes said served two goals: 1.) keeping track of public data for everyone, not just the experts and students and newsletter writers and secondly) allowing anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Profitly Circa 2021
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared at achieving success. It is possible to create an account at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a look at how the community of traders performs and its gurus. It’s not just a way to demonstrate value to a group of traders, as you can also utilize Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the veracity 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, via photographs. Included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile and other methods to interact with your experts through the chatroom as well as 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 trader who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He took advantage of it to create trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have earned significant amounts of profit through their years of experience. Profitly Circa 2021
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on the platform: the founder of the penny stock market 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 Sykes
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and 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 premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is a great option for those who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features that were included in prior plans, which includes swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Circa 2021
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real time, and email and SMS 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 his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three levels are and what they will 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 to this plan, you will be immediately offered a range of strong and vital trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in have access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. This plan allows that you can create a private profile for sharing with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their skills in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, this one won’t be able to view the statistics of other traders that could be a disadvantage for those anticipating this level. Profitly Circa 2021
Pro Plan
This is by far the highest expensive plan Profit.ly offers to experienced traders. It costs $74.95 monthly, with 22% off for annual billing, 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 as well, you’re also offered the chance to create a private profile. Both of these options, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few other services they offer. One of those is its online store, which lets users select from a variety of video products that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips 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 are probably familiar with the chat room since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a area where experts and member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and in dealing with the members there. Some may be more laid back and not very often active, while another may be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for everyone.
For instance, newbies can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able choose from the items in its online store to carry with them wherever they be. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that should not be viewed as an amusing pastime.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the stack full of risks that come with it. Ideally, they may use Profit.ly’s range of features to their full advantage to develop their trading skills. Like novices, they can learn from the top experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Profitly Circa 2021
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You will be taught by experts and advice from the company’s inside experts, as well as 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 that are waiting 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 features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for a lot of its customers
- If traders decide to make any type of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the many features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, it is best to keep curiosity. Profitly Circa 2021
What we are referring to”yes” is it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s range of resources useful in their efforts to avoid losses and perform better than they did before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be a better trader and want to be taught by your mentors and peers along the way, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profitly Circa 2021
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard that lets you post your trades, verifiable or not. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.
