The stock market can be an exciting game with high stakes. On some days, you might enjoy the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be very difficult to get back to the point you were at your peak. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an important boost from trading partners from all over the world, which is why we’ve identified an option that can help you in your improvement in the industry. In this review, we’ll take a look at Profit.ly A well-respected 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 Circa Lighting
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 all levels to be informative responsible, transparent, and to build relationships with one another through its wide array of tools and features such as trade verification, chat rooms, 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 people who are just beginning their journey and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. Offering users a broad variety of tools for trade and communication that help traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines that the site. Imagine it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” The concept, he added, served two objectives: one) keeping track of public data for not just the gurus and newsletter writers and students, and 2) giving all users to be enlightened by both losses and wins to benefit the industry of trading. Profitly Circa Lighting
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. It is possible to create an account there for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove your worth to a group of traders, but you can also use Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the credibility of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you can opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to communicate with your gurus 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 delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small companies to move to a market that is larger as it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
Beginning in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trading professional. When he was 25 years old, he had been given more exposure and a wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial profits from their combined years of experience. Profitly Circa Lighting
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche 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 this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices; text, e-mail, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, it is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Circa Lighting
The Superman Alerts plan is an package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also gain an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources 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’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed up for this package, you will be immediately provided with a variety of powerful and vital trading tools, each of them integral in keeping your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can do with Profit.ly’s Novice package include 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. It also allows you to be onto leaderboards; study, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone however, there’s a drawback. It isn’t possible to create a private account, making your actions public. If you’re looking to gain access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use a majority of features from the Novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to harness their trading skills. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you won’t be able to view other traders’ stats, which could be a disadvantage for those looking forward to this tier. Profitly Circa Lighting
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 each month with 22% off for annual billing the Pro plan has everything. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of more services it has to offer. One of these is its online store, where customers can select from a variety of videos designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that offer live chat support. But on Profit.ly the chat room is viewed as a hands-on space where experts and their members can interact and learn in real time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be laid back and rarely active, while another might be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from novices to the most experienced. With the variety of deals it offers this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and members. They’ll also be able to choose from the items on its store online for them to take wherever they travel. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable to the newcomers. While the newbies may not be as adept at handling trading matters, the pros already understand the way it functions and the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their best advantage to improve their skills in trading. Like beginners, they can study from the gurus and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! People in the trade industry who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders in order to navigate them through the ever-changing trading process. Profitly Circa Lighting
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning, communication, and trading tools
- You get to be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via 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 abundance of packages and products offered may not be enough for most of its users
- As traders may opt to make any type of trade, there is an opportunity that some them could profit from selecting the best trades in order to improve their ratings This could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds as the premium customers will immediately benefit from the many services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed for this reason. Instead, you should have an open mind. Profitly Circa Lighting
What we mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources useful as they do their best to reduce losses and be more successful than they did before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really desire to be a better trader and want to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Circa Lighting
How can you make use of Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries in the My Trade section of the dashboard that lets you post your trades that are verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple 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 over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.
