The stock market can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it could be very difficult to get back to where you were your most productive. If you’re immersed in the water, you will have be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe. That’s why we’ve identified an online platform that will help you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly From A Company
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 enables traders of various levels to be informed responsible, transparent, and uplifting with each other through its broad range of features and tools including chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for people who are starting out as well as a place for traders who are experienced to monitor 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 one another. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that was never previously done.” The concept Sykes said served two objectives: one) keeping track of public data for not just the gurus as well as newsletter authors and students and secondly) allowing everyone on the platform to learn from both losses and wins to benefit the industry of trading. Profitly From A Company
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward the success of their business. You may set up an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offers, which we will go over shortly.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll have the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs and its gurus. It’s not only a chance to demonstrate your worth to a community of traders, as you can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you are unsure about the concept of leaking the details of your broker account you may opt to post your trades, verified or not, via photographs. Included in Profit.ly are the vast number 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 in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks is an opportunity for small businesses to transition into a larger market because it gives them access to money from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency 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 vast array of education resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned significant amounts of profit through their years of expertise. Profitly From A Company
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few 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. When we take that into account we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as Android devices, as well as email, text 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 that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in prior plans, which includes swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly From A Company
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 access daily premarket stock watchlist as well as the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally you’ll also gain an access to high-quality research papers 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 resources to help you started. The platform has three membership tiers, each designed for traders at different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your hands on what we call a competitive process in and of itself.
Among the list of things you can do with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use a majority of features from the novice plan. It is in this plan that you are able to create a private profile to share with fellow associate users all the 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 catering to those who desire to harness their skills in trading. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you will not be able view other traders’ statistics that might be a drawback for those looking forward to this tier. Profitly From A Company
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, with a 22% discount for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating your own private profile. Both of these options, in addition to the benefits that you can use to the maximum extent. If you’re looking for an option that gives all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of additional services that it can provide. One of those is its online store, which allows users to select from a variety of video products designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and footage from events like 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 array of services and features. You may be familiar with the concept of the chat room since you will see it on messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a space where experts and their members trade and learn in real time. Every guru has their own way in running their chat rooms and dealing with the listed members. One might be laid back and less engaged, while another could be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able choose from the items in its online store to carry with them wherever they may be. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as a joke.
For traders who have many years of experience down the line, we believe Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as adept at managing trading but the experts already know the way it functions and the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Profitly From A Company
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge, communication, and trading tools
- You will receive excellent training and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for most of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them will profit by picking the most profitable trades to boost their rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers will immediately benefit from the number of features the platform is able to offer
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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 yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Profitly From A Company
What we mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck may find Profit.ly’s variety of resources useful in their efforts to incur lesser loss and perform better than before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really want to become better at trading and wish to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly From A Company
How do you use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries in the “My Trade’ category of the dashboard which allows you to post your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is evident by the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated 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 are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.
