Stock trading is an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfying numbers. On other days it could be the reverse and it could be very difficult to get back to the point you were at your peak. If you’re immersed in the water You will need be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve found an option that can help you in your improvement in the market. We’ll take a 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.
Total Rating: 4.1/5 Profitly Investamonials
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 knowledgeable and accountable, as well as transparent and encouraging one another through its wide array of tools and features like trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad array of options for trade and communication that help traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries that the site. Imagine it as the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never prior to.” This idea Sykes said served two purposes: 1) creating public track records for everyone, not just the experts, but also the newsletter authors and students, and 2) making it possible for anyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Profitly Investamonials
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared toward the success of their business. You may set up an account there at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account, and you have yourself an opportunity to make your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a look at their performance as a trading group as well as its experts. It’s not only a chance to show that you’re worthy to the large group of traders, as you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you can opt to post your trades, verified or not, via pictures. Also included in Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, along with 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 is well-known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small-scale businesses to make the transition into a larger market because they can access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, made over $6 million of profit during his long and successful career as trading professional. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial profits from their combined years of expertise. Profitly Investamonials
At its height, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on this platform: the founder and 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 that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to predict the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS and 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, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is a great option for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Investamonials
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get 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.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally, you’ll also get access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. Once you have signed to this plan you’ll be offered a range of strong and vital trading tools, each of them integral in keeping your fingers on what call a competitive procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from the majority of features available in the Novice plan. It is in this plan that you are able to create an account that is private for sharing with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their expertise in trading. As nice as it seems but there’s one important aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics that might be a drawback for those who are anticipating this level. Profitly Investamonials
Pro Plan
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, which includes an additional 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the chance to create your own private profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to pick from a range of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You are probably familiar with the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly it’s seen as a space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members there. One might be more laid back and not very often engaged, while another could be more interactive and online in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal trader to 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 has to offer it is certain to have something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they travel. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that trading is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know how it works and the stack full of risks that it carries. It is ideal to use Profit.ly’s range of features to their full advantage to develop their trading abilities. 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 does not only apply to beginners and semi-experienced traders. Verified experts can also join in the enjoyment! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Profitly Investamonials
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You will receive excellent training and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds as the premium customers will 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 Valued?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have the ability to think with an open heart. Profitly Investamonials
What we mean”yes” is it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources to be helpful when they try their best to reduce losses and be more successful than before. Not only struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be more successful in trading and would like to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Profitly Investamonials
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the ‘My Trade category on the dashboard. It allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.
