The stock market can be an extremely risky game. Some days, you may have the benefit of positive and satisfactory numbers. On other days you may experience the opposite and it can be extremely difficult to return to where you were your peak. If you’re immersed in the water it is important be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your fellow traders from around the world, which is why we’ve found an option that can help you to improve your performance within the field. In this review, we’ll take an in-depth look at Profit.ly A well-respected 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 Coupon Codes
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 allows traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide array of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for people who are starting out as well as a place for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Offering users a broad variety of tools for trade and communication that help traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been previously done.” This idea, he added, served two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers, and 2) giving anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Profitly Coupon Codes
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of features and services aimed towards achieving success. You may set up an account there at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is 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 at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to show that you’re worthy to the large group of traders, but you can also use Profit.ly to shop from a guru with the assurance that you’re comfortable in their skills and the veracity of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may choose to publish your trades, either verified or not, by taking pictures. Also included in Profit.ly are a variety of courses in trading, the ability to view statistics on a person’s profile and other methods to connect with your gurus through the chatroom along with text and e-mail alerts and 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 delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market is an avenue for small companies to move into a larger market because they can access capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. When he was 25 years old Sykes was given more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” He took advantage of it to create trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of knowledge. Profitly Coupon Codes
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on this platform: 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 has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, texts, emails, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, it is a great option for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features of 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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The following video is from “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. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly Coupon Codes
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. Once you have signed to this plan you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what we 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 confirm the results of your trades and track profit; leading, following and even texting other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you do want to have access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. It is in this plan that you can set up an account that is private to share with other associates all your insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to harness their trading skills. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to view the statistics of other traders that could be a disadvantage for some who may be anticipating this level. Profitly Coupon Codes
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, with 22% off for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create 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 trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can offer. One of those is its online store, which allows users to choose from a wide array of videos designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You are probably familiar with chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members. One of them may be a laid-back person who is not very often active, while another may be more online and communicative to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. They will also get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able choose from the items from its online store to carry with them wherever they may go. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. While the newbies may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that come with it. It is ideal to use Profit.ly’s range of features to their best advantage to enhance their trading abilities. Like novices, they can study from the gurus and experts , and use those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to guide them through the ever-illustrious trading process. Profitly Coupon Codes
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 tons of learning tools, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers 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 needs, like posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it would be yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always intended to be created in this way. Instead, you should have an open mind. Profitly Coupon Codes
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck may find Profit.ly’s variety of resources helpful in their efforts to avoid losses and be more successful than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become a better trader and want to learn from your peers and experts on the way, look no further – Profit.ly may be a great option to begin.
FAQ Profitly Coupon Codes
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the “My Trade’ category of the dashboard which lets you post your trades, either verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is shown by the blue check mark. If you submit it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.