The stock market can be an exciting game with high stakes. Some days, you may be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it could be very difficult to return to where you were at your peak. If you’re constantly stuck in the gutter it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve identified an option that can help you in your improvement in the market. In this review, we’ll be taking the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Log In Name
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders new to trading and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Providing users with a wide array of options for communication and trade, it helps traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas that the site. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” The idea, he added, served two purposes: 1) making public records for everyone, not just the experts, but also the newsletter authors and students, and 2) making it possible for all users to learn from both losses and wins to the benefit of the trading industry. Profitly Log In Name
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of services and features geared at achieving achievement. It is possible to create an account there at no cost, however you’re only given access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users an insight into how the community of traders performs and its experts. It’s not just a way to show your worth to a large group of traders, as you can also use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, you may choose to publish your trades, whether verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms as well as text and e-mail alerts and 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 his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading can be seen as a stepping stone for small companies to move to a market that is larger as they can access capital from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made over $6 million of profits through his lengthy career as a trader. At the age of 25 Sykes was given greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” He took advantage of it to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise 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 tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial amounts of money from their collective years of knowledge. Profitly Log In Name
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, however, 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. With that taken into consideration Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to 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 from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS and Android devices, as well as texts, emails 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, with an upgraded version of Tim’s Alerts package. Priced at $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, such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Log In Name
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. In addition, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers, each designed for traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what we call a competitive procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you do want to get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from The Novice package. This plan allows that you can create an account that is private to share with other 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 caters for those looking to harness their expertise in trading. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, you won’t be able view the statistics of other traders that could be a disadvantage for those eager to try this new tier. Profitly Log In Name
This is by far the most luxurious package Profit.ly can offer to experienced traders. At $74.95 each month with 22% off for annual billing, this tier has it all. It gives you full, unlimited access to all the features from the two prior plans.
Not only do you get to look at other people’s statistics and data, but you also have the option of creating a private profile. Both of these features, on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to select from a variety of videos created to provide guidance on the ins and outs of trading. The products listed in this section of the site can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a real-time area where experts and members trade and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be more laid back and rarely active, while another may be more interactive and online with their students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and members. Additionally, they can select from the products on its store online to carry with them wherever they be. They can also gain hands-on experiences by trading through the platform, however they’ll realize that the process 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 road, we consider Profit.ly as equally as suitable to the newcomers. While novice traders may not be as well-equipped with managing trading, the pros already understand how it works and the risky mix that it carries. It is ideal to make use of Profit.ly’s variety of features to their full advantage to improve their trading abilities. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to help navigate them through the ever-changing trading process. Profitly Log In Name
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe 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 live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for all
- Profit.ly’s numerous packages and services offered could seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there’s a possibility that some of them will profit by picking the most profitable trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could think of an answer to this question, 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. It wasn’t intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Profitly Log In Name
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck could discover Profit.ly’s array of resources to be helpful when they try their best to avoid losses and be more successful than they did before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really want to become a better trader and want to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Log In Name
How can you make use of Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the My Trade category on the dashboard that allows you to post your trades, either verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is shown by the small blue check. If you submit it manually or through images, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities in the stock market all over the world.