The stock market can be a high-stakes game. On certain days, you might have the benefit of positive and satisfying numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to return to the point you were at your peak. If you are immersed in the water You will need to recognize that relying on instinct and survival is not always enough.
If you’ve suffered losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your growth in the market. We’ll be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Huddie
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide array of tools and features like chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for people new to trading and also as a platform for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as an online social media platform similar like Facebook and Reddit, but for professionals 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 trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as is humanly possible. It was established 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 magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus, but also the students and newsletter writers as well as) making it possible for all users to gain insight into the losses and wins to benefit the industry of trading. Profitly Huddie
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of features and services aimed at achieving success. You may set up an account at no cost, however you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at the performance of the trading community and its experts. You’re not just allowed to prove that you’re worthy to the large group of traders. You can also use Profit.ly to shop with a professional with the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of sharing your brokerage account, you may choose to publish your trades, whether verified or not, via pictures. Also included in Profit.ly are the vast number of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts through the chatroom as well as 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 trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the experts in trading who have made substantial profits from their collective years of experience. Profitly Huddie
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most prominent experts included 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. When we take that into account, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being 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 moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices, as well as text, e-mail and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, this is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of prior plans, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Huddie
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market updates in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally you’ll also gain an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you going. The platform 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 will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. As you sign to this plan you’ll be offered a range of strong and vital trading tools, each one of them essential in keeping 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 program is the ability to verify trades and track profits as well as leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your actions public. If you’re looking to get access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. This plan allows that you can set up an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their skills in trading. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, this one won’t be able to view the statistics of other traders, which could be a problem for those who are anticipating this level. Profitly Huddie
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month and 22% off when billed annually This plan offers everything. It gives you full, unlimited access to all 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 opportunity to create a private profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, which allows users to choose from a wide array of videos that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and footage of events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You are probably familiar with the chat room since you will see it on messaging and social platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a area where experts and members trade and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members there. One might be more laid back and not very often active, while another may be more online and communicative in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they may be. You can also get hands-on experience trading on the platform, however, they will soon learn that the process is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable to the newcomers. While the newbies may not be as adept at managing trading, the pros already understand how it works and the plethora of risks that come with it. Ideally, they may use Profit.ly’s range of features to their full advantage to improve their trading abilities. Like novices, they can learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. Profitly Huddie
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them could profit from selecting the best trades in order to increase the rating – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately 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 worth it?
If we could come up with the answer, it would be a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, it is best to keep an open mind. Profitly Huddie
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s range of resources to be helpful in their efforts to incur lesser losses and perform better than they did before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely desire to be better at trading and wish to learn from your fellows and gurus along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profitly Huddie
How do you use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries under the My Trade section of the dashboard. It lets you record your trades, either verified or not. There are three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you upload it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities all over the world.