Stock trading can be a high-stakes game. On certain days, you might have the benefit of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to where you were at your most productive. If you’re constantly stuck in the gutter, you will have to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your improvement within the field. This review will be taking a look at Profit.ly, a well-recognized 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. 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 Survive
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be informative and accountable, as well as transparent and encouraging one another through its wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those new to trading and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication and letting traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The idea Sykes said served two goals: 1.) making public records for not just the gurus as well as newsletter writers and students, and 2) making it possible for anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Profitly Circa Survive
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared at achieving achievement. You can create an account on the site for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a look at their performance as a trading group and its experts. You’re not just allowed to demonstrate your worth to a group of traders. You are also able to use Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you can opt to post your trades, either verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus via chatrooms as well as 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 is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. The penny stock market can be seen as an avenue for small businesses to transition into a larger market because it gives them access to funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trader. When he was 25 years old Sykes was given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a place of openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have earned substantial profits from their collective years of experience. Profitly Circa Survive
At its height, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: 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 can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices, as well as 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, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month this is a great option for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans such as swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for 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 Survive
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. Additionally you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. As you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by 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 messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort and filter your trades and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your actions public. If you’re looking to get an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the Novice plan. In this plan, that you can set up a private profile to share with other associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their expertise in trading. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders, which could be a disadvantage for those who are anticipating this level. Profitly Circa Survive
Pro Plan
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 per month, with an additional 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating your own private profile. Both of these features, plus the other benefits that you can use to the fullest potential. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, which lets users pick from a range of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You’re probably familiar with chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly, it is seen as a area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. Some may be more laid back and rarely engaged, while another could be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock trader types, from beginners to experienced pros. With the variety of deals it offers this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room advice by its internal gurus as well as their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they go. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly equally suited for them as it is for people who are just beginning. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works and the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to enhance their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the excitement! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly Circa Survive
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll 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 out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its customers
- As traders may opt to make any type of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to increase the rating this could be a concern that should not be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you should have an open mind. Profitly Circa Survive
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they 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 profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish 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 alternative to start.
FAQ Profitly Circa Survive
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries in the My Trade category on the dashboard. It lets you record your trades, verifiable or not. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is a high likelihood that it can be verified. This is evident by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app 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 functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.
