Stock trading can be an exciting game with high stakes. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it could be extremely difficult to get back to where you were at your peak. If you are immersed in the water, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you in your improvement in the market. We’ll take the time to look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Discounts
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative, transparent, accountable, and uplifting with each other through its broad variety of tools and features including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for people who are just beginning their journey as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries that the site. Think of it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing all trades, something that was never done before.” This idea Sykes said served two objectives: one) keeping track of public data for not just the gurus as well as students and newsletter writers and secondly) making it possible for anyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Profitly Discounts
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared towards achieving success. You can create an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of the performance of the trading community and its gurus. You’re not just allowed to show your worth to a community of traders, as you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of divulging your brokerage account, then you could decide to share your trades, either verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom 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 has been famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as an avenue for small companies to move to a market that is larger as it gives them access to funds from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Beginning in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as a trader. At the age of 25 Sykes was given greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of expertise. Profitly Discounts
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, 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. In light of that, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in trading.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is an ideal plan for those who are more invested in penny stock trading. 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 and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Discounts
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. Additionally you’ll also gain access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in get the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use a majority of features from the novice plan. In this plan, that you can create an account that is private to share with fellow associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to improve their skills in trading. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ stats, which could be a disadvantage for some who may be eager to try this new tier. Profitly Discounts
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 monthly, which includes 22% off when billed annually, this tier has everything. It gives you full, unlimited access to all features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the opportunity to create a private profile. These two features are in addition to the 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 level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of more services it has to offer. One of them is the online store, where customers can pick from a range of video products designed to inform and provide guidance on the ins and outs of trading. The products listed in this section of the website is available to be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and other related to trading, videos and footage taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members. One of them may be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from beginners to experienced pros. With the variety of deals it offers it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able to pick from the merchandise available from its online store that they can take with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that trading is a high stakes game that should not be viewed as a joke.
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 those who are just starting. While the newbies may not be as adept at handling trading matters, the pros already understand the way it functions and the plethora of risks that it carries. Ideally, they may use Profit.ly’s array of options to their maximum advantage to enhance their trading skills. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. 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 Discounts
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You will receive excellent training and tips from the internal experts, which include 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 other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for most of its users
- Since traders can choose to post any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s yes. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you should have the ability to think with an open heart. Profitly Discounts
What we are referring to”yes” is it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s variety of resources helpful in their efforts to incur lesser losses and be more successful than they did before. It’s not only the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become better at trading and wish to be taught by your mentors and peers on the way, take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly Discounts
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the “My Trade category on the dashboard. It lets you post your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.