Stock trading is an exciting game with high stakes. On certain days, you may be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to return to where you were your best. If you’re constantly stuck in the gutter it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve found an option that can help you to improve your performance in the industry. In this review, we’ll be taking the time to look at Profit.ly is a well-known 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 Plus Login
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed responsible, transparent, and encouraging one another through its wide array of tools and features including chat rooms, trade verification 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 learning and training platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing all trades, something that was never previously done.” The concept Sykes said served two goals: 1.) creating public track records for everyone, not just the experts as well as students and newsletter writers, and 2) making it possible for everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Profitly Plus Login
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed towards achieving the success of their business. You may set up an account there for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of the performance of the trading community as well as its experts. It’s not only a chance to demonstrate that you’re worthy to the large group of traders, as you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you may decide to share your trades, whether verified or not, by taking pictures. In Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile and other methods to connect with your gurus via chatrooms 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 his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at under $5 for each share. The penny stock market can be seen as a stepping stone for small businesses to transition to a large marketplace as it allows them to access capital from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell because of his decades of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as trader. When he was 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place of openness, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have earned substantial amounts of money from their combined years of expertise. Profitly Plus Login
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, it is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver offers all the essential features that were included in the previous plan, including swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly Plus Login
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary shown in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers, each designed for traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. When you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, each of them integral in keeping your fingers on what we call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging 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, view the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use many of the features of the Novice plan. In this plan, that you can set up a private profile to share with other associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their trading skills. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a disadvantage for some who may be eager to try this new tier. Profitly Plus Login
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month and 22% off for billing annually the Pro plan has it all. It gives you full, unlimited access to all features of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the option of creating an individual profile. Both of these options, in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly offers a number of additional services that it can offer. One of them is the online store, which lets users pick from a range of video products created to provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You are probably familiar with the chat room since you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and in dealing with the members. One of them may be more laid back and less engaged, while another could be more interactive and online in their interactions with students. Think of 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 cater to the wide range of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers it is certain to have something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and their members. They’ll also be able choose from the items on its store online that they can take with them wherever they may travel. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suited to people who are just beginning. Although the novices might not be as proficient in managing trading, the pros already understand how it works along with the risky mix that it carries. It is ideal to use Profit.ly’s array of features to their full advantage to enhance their skills in trading. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the excitement! Trade professionals 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 skill to others in order to navigate them through the ever-changing trading process. Profitly Plus Login
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You get to be taught by experts and tips from the inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- Since traders can choose to post any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Profitly Plus Login
What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources helpful as they do their best to incur lesser loss and perform better than they did before. It’s not just the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you really want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly Plus Login
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the ‘My Trade section of the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is indicated with the blue check mark. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities in the stock market both right and left.
