The stock market can be a high-stakes game. On some days, you may have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to where you were at your best. If you’re always in the mud, you will have to realize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time You’ll need 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 discovered a platform that can support you in your growth in the industry. In this review, we’ll be taking a look at Profit.ly A well-respected all-in-one 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 Into The Night
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informed, transparent, accountable, and to build relationships with each other through its broad range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for people new to trading as well as a place for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast array of options for trade and communication that help traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of the platform. Think of it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t allow for fraud as much as it is possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never previously done.” The concept, he added, served two objectives: one) making public records for not just the gurus and students and newsletter writers and secondly) giving all users to learn from both the wins and losses to the benefit of the trading industry. Profitly Into The Night
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared towards achieving success. You can create an account there for free, but you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of their performance as a trading group and its gurus. It’s not just a way to demonstrate that you’re worthy to the large group of traders, but you are also able to use Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you can decide to share your trades, either verified or not, via photographs. In Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, as well as notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The trading of penny stocks is an avenue for small companies to move to a market that is larger as it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have made substantial profits from their combined years of expertise. Profitly Into The Night
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: 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 we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices; email, text and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month it is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans including alerts for swing trading and access to a collection of more than 7,000 educational videos, with new ones released weekly.
> > Click Here to Check Out Profit.ly < <
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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Into The Night
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that cater to traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed up for this plan, you will be immediately offered a range of strong and essential trading tools, all one of them essential in keeping your hands on what we call a competitive process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort or filter the trades you make and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You can’t create a private account, making your personal information public. If you do want to have access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from many of the features of The Novice package. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their trading skills. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for those who are anticipating this level. Profitly Into The Night
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, and a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the features from the two prior plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which lets users pick from a range of video products created to provide guidance on the ins and outs of trading. All of the products featured in this section of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. One might be laid back and rarely active, while another may be more online and communicative to their pupils. Think of 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 are geared towards a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and members. They’ll also be able to choose from the items in its online store for them to take wherever they travel. They can also gain hands-on experiences by trading through the platform, however they’ll realize that trading is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as adept at managing trading, the pros already understand how it works and the plethora of risks associated with it. Ideally, they may use Profit.ly’s variety of features to their full advantage to enhance their trading abilities. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the excitement! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Profitly Into The Night
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them could profit from picking the most profitable trades to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the many features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with the answer, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep curiosity. Profitly Into The Night
What we are referring to”yes” is it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than they did before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really care about being a better trader and want to learn from your peers and experts on the way, look no further – Profit.ly may be a great choice to start.
FAQ Profitly Into The Night
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the ‘My Trade’ category of the dashboard that lets you record your trades, verifiable or not. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is a high chance that it is verifiable. This is indicated with the blue check mark. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.
