Stock trading can be an extremely risky game. Some days, you might enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen and it can be very difficult to get back to where you were your best. If you are always in the mud, you will have to recognize that relying on pure instinct and preservation might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an option that can help you in your improvement in the market. This review will take an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly Per Day
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that was never prior to.” The concept Sykes said served two objectives: one) making public records for all traders, not just the gurus as well as newsletter authors and students, and 2) allowing all users to gain insight into both losses and wins for the trading industry’s benefit. Profitly Per Day
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed toward success. You can create an account there for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you have yourself the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to prove your worth to a community of traders. You can also utilize Profit.ly to shop 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 may opt to post your trades, verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account, and more ways to interact with your experts in the chatroom, as well as text and e-mail alerts and updates.
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Meet 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” is a small business’s shares that trade for under $5 for each share. The penny stock market could be viewed as an opportunity for small businesses to transition to a market that is larger as it gives them access to capital 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 through his many years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trading professional. At 25 years old, he had been given more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational sources, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned substantial profits from their collective years of expertise. Profitly Per Day
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on the platform: the founder as well as 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
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for 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, upgraded version of the Tim’s Alerts program. At $149.95 monthly, this is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Per Day
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition, you’ll also get an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that cater to traders of different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed up for this package you’ll be offered a range of strong and essential trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include 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 on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private profile, which makes your activities publicly available. If you’re looking to get 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 take advantage of the majority of features available in the novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their expertise in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ stats, which could be a problem for those looking forward to this tier. Profitly Per Day
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off for billing annually the Pro plan has it all. You get full, no-holds-barred access to all features of the previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the option of creating your own private profile. These two features are in addition to the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly offers a number of other services they provide. One of these is its online store, which lets users select from a variety of video products that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trader expert 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 scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You are probably familiar with chat rooms since you can see it across social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly, it is seen as a hands-on area where experts and members can interact and learn in real time. Every guru has their own way in operating their chat room and in dealing with the members there. One of them may be more laid back and rarely active, while another might be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for all.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room tips by its internal gurus as well as their members. They’ll also be able to pick from the merchandise available on its store online to carry with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to them as people who are just beginning. While the newbies may not be as proficient in dealing with trading issues but the experts already know the way it functions and the plethora of risks that come with it. It is ideal to use Profit.ly’s array of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the top 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 or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Profitly Per Day
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as 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 authentic trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its customers
- 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 boost their rating this could be a concern that should not be overlooked.
- Profit.ly will not allow refunds as the premium customers will immediately benefit from the many services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we could think of an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have an open mind. Profitly Per Day
What we are referring to”yes” is that it can be a great learning tool. Those who may be stuck may find Profit.ly’s variety of resources useful when they try their best to avoid loss and perform better than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profitly Per Day
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades under the My Trade section of the dashboard. It allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities in the stock market both right and left.
