Stock trading can be a high-stakes game. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your peak. If you’re always in the mud You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance in the market. This review will take a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Free 2 Week Trial
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features including chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Think of it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
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 transparency and honesty: it makes sure that trades are valid and won’t allow for fraud as much as 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 an interview for Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never prior to.” The idea was, he said, serving two objectives: one) making public records for everyone, not just the experts as well as newsletter writers and students and secondly) giving everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Free 2 Week Trial
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed at achieving the success of their business. You may set up an account on the site for free, but you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to show your worth to a large group of traders. You can also utilize Profit.ly to buy with a guru, and have the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you may opt to post your trades, whether verified or otherwise, through pictures. Also included in Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile and other methods 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 trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. Penny stock trading can be seen as an opportunity for small businesses to transition to a market that is larger as they can access money from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger impact as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial profits through their years of experience. Profitly Free 2 Week Trial
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll 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 single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and 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 premium, upgraded version of the Tim’s Alerts program. At $149.95 per month, it is a great option for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, such as alerts for swing trading and access to a library of more than 7,000 instructional videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profitly Free 2 Week Trial
The Superman Alerts plan is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, daily market updates in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also have access to premium research reports and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that cater to traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader plan allows you to take advantage of many of the features of The Novice package. It is in this plan that you can create a private profile for sharing with fellow associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. As nice as it seems but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ stats that could be a problem for those anticipating this level. Profitly Free 2 Week Trial
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 monthly, which includes an additional 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all features from the two previous plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the option of creating an individual profile. Both of these options, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly offers a number of other services they offer. One of them is the online store, which lets users select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and clips 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 array of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat support. But in Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. One of them may be more laid back and not very often active, while another may be more active and in touch to their pupils. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room advice from the in-house experts as well as their members. They’ll also be able choose from the items in its online store that they can take with them wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have decades of experience in the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as well-equipped with dealing with trading issues but the experts already know how it works and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to enhance their trading skills. Like novices, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
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 excitement! People in the trade industry who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Profitly Free 2 Week Trial
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You get to be provided with excellent lessons and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost – there truly is something for all
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- As traders may opt to make any type of trade, there’s an opportunity that some them could profit from picking the most profitable trades to improve their ratings – this may be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created for this reason. Instead, it is best to keep an open mind. Profitly Free 2 Week Trial
What we mean”yes” is it can be a great learning tool. People who are stuck could discover 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 just the struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being better at trading and wish to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Free 2 Week Trial
How can you make use of Profit.ly to make your trades public?
Profit.ly includes a trade entry portion within the “My Trade category on the dashboard which allows you to post your trades that are verified or not. You may choose between three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is evident by the small blue check. If you submit the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.