Stock trading can be a high-stakes game. Some days, you might have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were at your peak. If you find yourself constantly stuck in the gutter it is important to realize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the industry. This review will be taking 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 Past Tense
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of various levels to be informed and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication, it helps traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Imagine it as a social media site akin to Facebook and Reddit, but for professionals 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 guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been prior to.” This idea, he added, served two objectives: one) creating public track records for not just the gurus as well as students and newsletter writers, and 2) allowing anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Profitly Past Tense
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of features and services aimed toward the success of their business. It is possible to create an account there for free, but you’re limited to the capability to browse the leaderboard and observe the activities 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 that we’ll go over shortly.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account and you’ll have an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a glimpse of how the community of traders performs and its experts. It’s not only a chance to prove your worth to a large group of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of sharing the details of your broker account you can decide to share your trades, verified or not, via screenshots. Included in Profit.ly is the huge selection of trading courses as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts in the chatroom, in addition to email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market is 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. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell because of his decades of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial profits through their years of knowledge. Profitly Past Tense
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise 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, there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will observe him focus on basic stock catalysts and employ them to forecast the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices, texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 for a month this is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of the previous plan, such as alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated every week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Past Tense
The Superman Alerts package is his offer of the most essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile application, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. On top of that, you’ll also get an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed to this plan you’ll be provided with a variety of powerful and essential trading tools, each one of them essential in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to take advantage of many of the features of The Novice package. In this plan, that you can create an account that is private to share with fellow associates all your insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to improve their trading skills. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, you will not be able to view the statistics of other traders this could be a problem for those who are eager to try this new tier. Profitly Past Tense
Pro Plan
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. With $74.95 each month with 22% off when billed annually This plan offers everything. You get full, no-holds-barred access to all options of the previous plans combined.
You’re not only able to view other people’s stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly has a few more services it has to offer. One of those is its online store, where customers can select from a variety of videos designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and scenes from the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. One might be a laid-back person who is not very often active, while another may be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room advice by its internal gurus and members. They’ll also be able to select from the products on its store online to carry with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, however they’ll realize that trading is a high stakes game that should not be viewed as a joke.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as adept at dealing with trading issues, the pros already understand the way it functions and the stack full of risks that it carries. It is ideal to utilize Profit.ly’s range of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Profitly Past Tense
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You will be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds as its premium users will immediately benefit from the many services that the platform can provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it would be yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you should have the ability to think with an open heart. Profitly Past Tense
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they may find Profit.ly’s variety of resources useful when they try their best to incur lesser losses and perform better than before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers throughout the process, then look no further – Profit.ly could be a good choice to start.
FAQ Profitly Past Tense
How can you make use of Profit.ly to post your trades?
Profit.ly offers an entry section for trades within the ‘My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is a high chance that it is verifiable. This is indicated with the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is 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 most working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.
