The stock market can be an extremely risky game. On some days, you might be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were at your most productive. If you’re constantly stuck in the gutter, you will have to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the world, which is why we’ve identified a platform that can support you in your improvement in the industry. We’ll take the time to look at Profit.ly A well-respected 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 Off Market
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 different levels to be informed responsible, transparent, and to build relationships with one another through its wide variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for people who are starting out and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide array of options for communication and trade, it helps traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines that the site. Consider it the social media equivalent to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which was never done before.” The concept, he added, served two objectives: one) making public records for everyone, not just the experts and students and newsletter writers as well as) giving everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Profitly Off Market
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared toward the success of their business. You can create an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its gurus. It’s not just a way to prove your worth to a large group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of sharing your brokerage account, you may choose to publish your trades, whether verified or otherwise, through screenshots. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts through the chatroom in addition to email and text alerts 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 delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an avenue for small companies to move to a market that is larger as it allows them to access funds from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trading professional. When he was 25 years old, he had been given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the experts in trading who have made substantial profits from their combined years of knowledge. Profitly Off Market
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the 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 take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile application that is 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 highest-quality version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, this is a great option for investors who are invested in penny stock trading. Pennystocking Silver offers all the essential features of earlier plans including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profitly Off Market
The Superman Alerts package is his offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort and filter your trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you’re interested in get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. In this plan, that you can set up a private profile to share with fellow associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their expertise in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ statistics that could be a disadvantage for some who may be anticipating this level. Profitly Off Market
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. At $74.95 each month which includes a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all options of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. These two features are in addition to the advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of them is the online store, which allows users to select from a variety of video products designed to inform and guide you through the ins and outs of trading. All of the products featured in this section of the website can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with the chat room as you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. But 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 when it comes to running their chat room and dealing with the listed members. One of them may be a laid-back person who is not very often engaged, while another could be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able select from the products on its store online that they can take with them wherever they may go. They can also gain hands-on experience trading on the platform, however they’ll realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as proficient in handling trading matters however, experienced traders know the way it functions and the plethora of risks that it carries. It is ideal to use Profit.ly’s variety of features to their best advantage to develop their skills in trading. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Profitly Off Market
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its users
- As traders may opt to make any type of trade, there’s a possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a concern that should not be overlooked.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of an answer to this question, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, you should have the ability to think with an open heart. Profitly Off Market
What we mean”yes” is that it could be a useful learning tool. People who are stuck could discover Profit.ly’s variety of resources useful as they do their best to incur lesser loss and perform better than before. It’s not only the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Off Market
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the My Trade category on the dashboard which allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s a high 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 drawback of posting an unauthenticated trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market left and right.