Stock trading is an extremely risky game. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were at your peak. 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 been incurring occasional losses You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you in your improvement in the industry. We’ll take a look at Profit.ly is a well-known one-stop 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.
Overall Rating: 4.1/5 Profitly Newsetter
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 allows traders of all levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those new to trading and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been previously done.” The concept Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts and newsletter writers and students, and 2) giving everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Profitly Newsetter
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of services and features geared towards achieving the success of their business. You can create an account at no cost, however you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you have yourself a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to demonstrate value to a community of traders. You are also able to use Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you can opt to post your trades, verified or otherwise, through pictures. Included in Profit.ly are the vast number of trading classes as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, as well as email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at 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 it gives them access to money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as a trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he became part of the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial profits through their years of knowledge. Profitly Newsetter
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise within the world of trading. Some of the 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on 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 basic stock catalysts and employ them to predict the next possible moves in trading.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as Android devices, texts, emails 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 package. Priced at $149.95 for a month it is an ideal plan for those who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in prior plans, including swing trading alerts and unlimited access to a rich library of over 7,000 educational videos and new videos released every week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profitly Newsetter
The Superman Alerts package is his offer of the most 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 application, daily market updates 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 provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders with different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice 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 up for this package, you will be immediately given a slew of robust and essential trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to use a majority of features from the Novice plan. In this plan, that you can create an account that is private to share with fellow associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for those who are anticipating this level. Profitly Newsetter
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 per month, and 22% off when billed annually the Pro plan has everything. It gives you full, unlimited access to all the options of the previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the opportunity to create your own private profile. Both of these options, plus the other advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few more services it has to provide. One of those is its online store, which allows users to pick from a range of instructional videos that are created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. These include best-selling products like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One might be laid back and rarely active, while another may be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from the in-house experts as well as their members. Additionally, they can choose from the items in its online store to carry with them wherever they may be. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be taken as a joke.
For traders who have decades of experience in the road, we consider Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as proficient in handling trading matters, the pros already understand the way it functions and the risky mix that come with it. It is ideal to make use of Profit.ly’s variety of features to their full advantage to improve their trading abilities. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are at an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders in order to guide them through the ever-illustrious trading process. Profitly Newsetter
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its customers
- Since traders can choose to post any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to boost their rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to instantly benefit from the number of features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly worth it?
If we could think of an answer to this question, it would be a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have an open mind. Profitly Newsetter
What we mean”yes” is it could be a useful learning tool. Those who may be stuck could find Profit.ly’s array of resources helpful in their efforts to reduce loss and perform better than they did before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Newsetter
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries in the ‘My Trade’ category of the dashboard which lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the small blue check. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of this writing, 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 works with all operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.
