Stock trading is an extremely risky game. Some days, you may enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were your best. If you are always in the mud, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you to improve your performance within the field. This review will be taking the time to look at Profit.ly, a well-recognized 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 Outside Sales
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informed responsible, transparent, and encouraging each other by offering a wide variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those new to trading and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide array of options for trade and communication that help traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that was never previously done.” This idea Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students, and 2) giving all users to be enlightened by the losses and wins for the trading industry’s benefit. Profitly Outside Sales
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared at achieving the success of their business. It is possible to create an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into the performance of the trading community and its gurus. You’re not just allowed to show value to a group of traders, but you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, you may choose to publish your trades, either verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading and the capability to see statistics on a person’s profile and other methods to communicate with your gurus through the chatroom in addition to 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 delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as an opportunity for small companies to move to a market that is larger as it allows them to access funds from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
From his beginnings at the end of his time in 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 a larger influence over time as a participant in the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms as well as penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial profits from their combined years of expertise. Profitly Outside Sales
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, as well as 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 highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly Outside Sales
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also have an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that cater to traders at different levels. Let’s look at what the three levels are and what they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, or filter the trades you make; and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, which makes your activities publicly available. If you do want to get access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from The Novice package. It is in this plan that you are able to create an individual profile that allows you to share with fellow associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their expertise in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able to see the statistics of other traders that could be a disadvantage for some who may be anticipating this level. Profitly Outside Sales
The Pro plan is the most premium package that Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off when billed annually This plan offers everything. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create an individual profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of a plan that can serve you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few more services it has to offer. One of them is the online store, which lets users pick from a range of video products that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members there. One of them may be more laid back and rarely active, while another may be more interactive and online with their students. Think of the chat rooms like 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 caters to an array of stock trader types, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they be. You can also get hands-on experiences by trading through the platform, but eventually they’ll be able to realize that this is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly equally suited to those who are just starting. While novice traders may not be as proficient in handling trading matters, the pros already understand how it works and the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. Like novices, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help guide them through the ever-illustrious trading process. Profitly Outside Sales
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You get to receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds because the premium customers will immediately take advantage of the numerous services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, you need to have the ability to think with an open heart. Profitly Outside Sales
What we do mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s variety of resources helpful when they try their best to incur lesser loss and perform better than before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being more successful in trading and would like to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Outside Sales
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the “My Trade category on the dashboard which allows you to post your trades, either verified or not. There are 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 transactions
How do I know whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, 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 stock market opportunities both right and left.