Stock trading is a high-stakes game. On some days, you might enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be very difficult to return to where you were at your best. If you find yourself always in the mud it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve found an online platform that will help you in your growth in the market. In this review, we’ll take a look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Contact Number
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for traders who are starting out and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad array of options for trade and communication, it helps traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style 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 possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared 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 was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts as well as students and newsletter writers and secondly) giving anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Contact Number
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of tools and services that are geared at achieving achievement. You can create an account for free, but you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account, and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its gurus. It’s not just a way to prove value to a community of traders. You can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking screenshots. In Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. The penny stock market is an avenue for small businesses to transition to a large marketplace as it gives them access to money from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as trading professional. At 25 years old, he had been given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped to establish Profit.ly as a place for 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 vast array of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make significant amounts of profit from their combined years of experience. Profitly Contact Number
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 most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this 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. With that taken into consideration we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ 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 application that is available for 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 that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is a great option for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Contact Number
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers, each designed for traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit; leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private profile, which makes your personal information 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 lets you to take advantage of the majority of features available in the novice plan. In this plan, that you can set up an individual profile that allows you 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 will do what the name implies: Cater for those looking to harness their trading skills. Although it’s a nice thing, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders that could be a disadvantage for those looking forward to this tier. Profitly Contact Number
Pro Plan
This is by far the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all options of the prior plans.
Not only do you get to view other people’s stats and data, but you also have 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 a plan that can serve you with everything you require as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, which lets users pick from a range of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You’re probably familiar with the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members there. One might be more laid back and rarely active, while another might be more active and in touch in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they be. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that this is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the plethora of risks that come with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to improve their trading abilities. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly Contact Number
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers will immediately take advantage of the numerous services that the platform can 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 an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you should have the ability to think with an open heart. Profitly Contact Number
What we mean”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s array of resources to be helpful as they do their best to avoid losses and perform better than before. It’s not only the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Contact Number
How do you use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the My Trade section of the dashboard. It lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the small blue check. If you submit it manually or through screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
