Stock trading is an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be extremely difficult to get back to where you were your most productive. If you find yourself constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve found an option that can help you in your growth in the market. This review will take a look at Profit.ly, a well-recognized 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 Near Me
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informative, transparent, accountable, and encouraging one another through its wide array of tools and features including chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those who are starting out 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 to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of this platform. Consider it the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t allow for fraud as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” This idea, he added, served two objectives: one) making public records for not just the gurus and students and newsletter writers, and 2) allowing all users to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Near Me
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward success. You can create an account there at no cost, however you’re only given access to the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offerings, 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’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a look at how the community of traders performs as well as its gurus. It’s not only a chance to show that you’re worthy to the community of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you can choose to publish your trades, whether verified or otherwise, through screenshots. In Profit.ly are the vast number of trading classes and the capability to see the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom as well as email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously 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 less than $5 per share. Penny stock trading is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to capital from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trading professional. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have proven to make substantial amounts of money through their years of knowledge. Profitly Near Me
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: the 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ 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 available to iOS and Android devices, as well as texts, emails, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, this is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes alerts for swing trading and access to a collection of more than 7,000 educational videos that are updated weekly.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for 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 trading earnings. Profitly Near Me
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile application, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels that cater to traders at different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign up for this plan, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, as well as filter trades; and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you do want to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader package allows you to take advantage of many of the features of the novice plan. It is in this plan that you can create an account that is private for sharing with fellow associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their expertise in trading. Although it’s a nice thing 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 this might be a drawback for those who are looking forward to this tier. Profitly Near Me
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, with a 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all the features of the prior plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly offers a number of more services it has to provide. One of these is its online store, where customers can select from a variety of instructional videos that are created to help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and scenes taken from The Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly, it is seen as a area where experts and members trade and learn in real time. Every guru has their own way in running their chat rooms and dealing with the listed members there. Some may be laid back and less engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, from beginners to experienced pros. With the variety of deals it offers this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and their members. They’ll also be able select from the products on its store online to carry with them wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately, they will soon learn that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with years of exposure 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 dealing with trading issues but the experts already know how it works along with the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to improve their skills in trading. Like novices, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to help assist them in the ever-changing trading process. Profitly Near Me
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous packages and services offered could seem overwhelming for a lot of its customers
- Since traders can choose to make any type of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services the platform has to offer
The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you should have curiosity. Profitly Near Me
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources to be helpful as they do their best to reduce losses and be more successful than they did before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then look no further – Profit.ly is a fantastic option to begin.
FAQ Profitly Near Me
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard that lets you post your trades, either verified or otherwise. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is indicated with the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.