Stock trading can be an exciting game with high stakes. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days you may experience the opposite and it can be extremely difficult to return to the point you were at your most productive. If you are always in the mud, you will have to recognize that relying on instinct and survival might not be enough.
If you’ve experienced occasional losses 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 world, which is why we’ve discovered a platform that can support you in your growth in the industry. This review will take a look at Profit.ly is a well-known single-stop social platform to trade!
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.
Total Rating: 4.1/5 Profitly Plus Free
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for people new to trading and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it the social media equivalent the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that 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 the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been previously done.” This idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts, but also the newsletter writers and students as well as) making it possible for anyone on the platform to learn from the losses and wins to benefit the industry of trading. Profitly Plus Free
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You can create an account at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to show value to a group of traders, but you can also use Profit.ly to shop with a guru, and have the confidence that you are confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may choose to publish your trades, either verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts via chatrooms in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as an opportunity for small companies to move into a larger market because it allows them to access capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial profits through their years of knowledge. Profitly Plus Free
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month it is the perfect plan for investors who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in earlier plans such as swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Plus Free
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that, you’ll also get the ability to access premium reports on research and the IPO or earnings monitor.
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 started. Profit.ly offers three membership levels that cater to traders of different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what call a competitive process in and of itself.
The list of features you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive 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 have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader package allows you to use many of the features of The Novice package. This plan allows that you can create an account that is private to share with other associates all your insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their skills in trading. As nice as it seems but there’s one important feature that is missing. In contrast to the Novice package, this one won’t be able view the statistics of other traders that could be a problem for those eager to try this new tier. Profitly Plus Free
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features from the two prior plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few other services they offer. One of them is the online store, which allows users to choose from a wide array of video products created to provide guidance on the ins and outs of trading. The products listed in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips from 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 services and features. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members there. One might be a laid-back person who is less active, while another may be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus as well as their members. Additionally, they can select from the products in its online store for them to take wherever they go. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a high-stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in managing trading but the experts already know how it works along with the stack full of risks that it carries. Ideally, they may use Profit.ly’s array of options to their maximum advantage to improve their trading abilities. As beginners, they are able to study from the gurus and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to help navigate them through the ever-changing trading process. Profitly Plus Free
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning, communication, and trading tools
- You will be taught by experts and advice from the company’s in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s abundance of products and packages offered might be too much for most of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them could profit from picking the most profitable trades to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could think of an answer to this question, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, it is best to keep an open mind. Profitly Plus Free
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could discover Profit.ly’s variety of resources helpful in their efforts to reduce losses and perform better than they did before. Not only struggling traders that will 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 better at trading and wish to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Plus Free
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the “My Trade category on the dashboard that lets you record your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is evident by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated 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, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on 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 traders and investors, because they are not just seeking to make the most profit but also to help one another learn and improve in acquiring stock market opportunities all over the world.