Stock trading is a high-stakes game. On certain days, you might enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your most productive. If you’re constantly stuck in the gutter, you will have to realize that relying on instinct and survival is not always enough.
If you’ve experienced loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve found an option that can help you in your growth in the industry. In this review, we’ll be taking an in-depth look at Profit.ly is a well-known 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. 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
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informed and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders who are starting out as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been done before.” This idea, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter writers and students and secondly) making it possible for everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Profitly Log In
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of services and features geared at achieving achievement. It is possible to create an account for free, but you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of their performance as a trading group as well as its gurus. You’re not just allowed to show your worth to a large group of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could opt to post your trades, either verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a large marketplace 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.
Beginning at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a place of openness, and for the community to uplift 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 tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have made substantial amounts of money from their combined years of experience. Profitly Log In
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: 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 Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when trading.
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 as well as Android devices; 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. Priced at $149.95 for a month this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features of the previous plan, which includes 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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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with 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 Log In
The Superman Alerts plan is an offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave your mark on the market, 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 of different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this plan, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following, and even messaging other traders; and giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re interested in get access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the Novice plan. In this plan, that you can set up an individual profile that allows you to share with other associates all your insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able view other traders’ statistics this might be a drawback for those looking forward to this tier. Profitly Log In
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 per month, which includes an additional 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all options of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating a private profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, where customers can choose from a wide array of instructional videos that are designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other related to trading, videos and scenes of the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You are probably familiar with the chat room as you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a hands-on area where experts and members trade and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. Some may be laid back and less active, while another might be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be enriched with weekly videos 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. They can also gain hands-on experiences from trading within the platform, however they’ll realize that this is a high stakes game that should not be viewed as a joke.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to people who are just beginning. While novice traders may not be as proficient in dealing with trading issues, the pros already understand how it works and the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Profitly Log In
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You get to receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for most of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly will not allow refunds as the premium customers will immediately benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always intended to be created to achieve this goal. Instead, you need to have an open mind. Profitly Log In
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck could discover Profit.ly’s range of resources helpful as they do their best to reduce losses and be more successful than they did before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be better at trading and wish to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Log In
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 that are verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is shown by the small blue check. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market all over the world.
