Stock trading is a high-stakes game. On some days, you might have the benefit of positive and satisfying numbers. On other days it could be the reverse and it can be very difficult to get back to the point you were at your peak. If you are always in the mud it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve discovered a platform that can support you in your improvement in the market. This review will take an in-depth look at Profit.ly A well-respected 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 Madaz
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable, transparent, accountable, and encouraging each other by offering a wide 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 site for trading that serves both as a training and learning platform for people who are starting out and also as a platform for experienced traders to track their performance using the aid of sophisticated analytics tools. Offering users a broad array of options for communication and trade and letting traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as it is possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never done before.” This idea was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus and newsletter writers and students and secondly) making it possible for anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Profitly Madaz
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared toward achievement. You may set up an account on the site at no cost, however you’re only given access to the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Setting up an account is easy: create an account with your experience and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community as well as its experts. It’s not only a chance to show value to a community of traders, but you can also use Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus through the chatroom as well as notifications via email or text as well as 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 the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. Penny stock trading can be seen as a stepping stone for small businesses to transition to a large marketplace as they can access funds from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as trader. 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.” He took advantage of it to create trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped establish 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 wide range of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have earned substantial amounts of money from their combined years of knowledge. Profitly Madaz
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
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 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
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 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 version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver comes with all the standard 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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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both 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 total trading earnings. Profitly Madaz
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information 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 a growing library of all previous lessons. On top of that you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers, each designed for traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. When you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze, sort, and filter your trades and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks 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 interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their trading skills. As nice as it seems, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics, which might be a drawback for some who may be eager to try this new tier. Profitly Madaz
Pro Plan
This is by far the most premium package that Profit.ly offers to experienced traders. With $74.95 each month with an additional 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. These two features are on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for an account that will give all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of more services it has to provide. One of those is its online store, which lets users choose from a wide array of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You may be familiar with the chat room since you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the members there. One of them may be a laid-back person who is not very often active, while another may be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available in its online store to carry with them wherever they be. They can also gain hands-on experiences by trading through the platform, but eventually they’ll realize that the process is a risky game that should not be viewed as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to them as the newcomers. While the newbies may not be as well-equipped with handling trading matters, the pros already understand how it works and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Profitly Madaz
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its users
- Since traders can choose to make any type of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as the premium customers are expected to immediately benefit from the number of services the platform has to offer
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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’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t designed to be used to achieve this goal. Instead, it is best to keep curiosity. Profitly Madaz
What we do mean”yes” is it can be a great learning tool. Those who may be stuck may find Profit.ly’s range of resources useful in their efforts to incur lesser losses and be more successful than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really care about being a better trader and want to learn from your peers and experts along the way, then look no further – Profit.ly could be a good option to begin.
FAQ Profitly Madaz
What are the best ways to use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the “My Trade section of the dashboard. It lets you record your trades, either verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities on the stock market all over the world.
