Stock trading is a high-stakes game. On certain days, you might enjoy the benefits of pleasing and positive numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to the point you were at your best. 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 been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve found an online platform that will help you to improve your performance in the industry. This review will take a look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Profitly Post Office
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad range of features and tools including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for people who are just beginning their journey and also as a platform for experienced traders to track their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas that the site. Think of it as a social media site akin to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never done before.” The idea, he added, served two purposes: 1) keeping track of public data for all traders, not just the gurus and students and newsletter writers as well as) giving everyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Profitly Post Office
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared towards achieving the success of their business. It is possible to create an account there at no cost, however you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s deals, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to prove value to a large group of traders. You are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident with their expertise and the credibility of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, then you could opt to post your trades, verified or not, by taking pictures. Included in Profit.ly are the vast number of courses in trading as well as the ability to look at the stats of a trader’s account as well as other ways to connect 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 trader who is famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition into a larger market because they can access money from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range 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 made significant amounts of profit from their combined years of experience. Profitly Post Office
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among 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. In light of that, let’s take a look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, as well as texts, emails, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in earlier plans including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Post Office
The Superman Alerts plan is his package of vital features and trading alerts 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 application, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. In addition you’ll also have access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. As you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what call a competitive process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re looking to gain an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of many of the features of the novice plan. It is in this plan that you can create an individual profile that allows you to share with other associates all your insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their trading skills. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ statistics that might be a drawback for some who may be anticipating this level. Profitly Post Office
Pro Plan
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, which includes a 22% discount for annual billing, this tier has it all. You get full, no-holds-barred access to all options of the prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the opportunity to create an individual profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly provides a variety of more services it has to provide. One of them is the online store, where customers can choose from a wide array of instructional videos that are designed to inform and help you understand the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You may be familiar with chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly, it is seen as a hands-on space where experts and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members. One might be a laid-back person who is less engaged, while another could be more online and communicative with their students. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited to the newcomers. While the newbies may not be as well-equipped with managing trading but the experts already know how it works along with the stack full of risks that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their skills in trading. Like beginners, they can learn from the top experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to help assist them in the ever-changing trading process. Profitly Post Office
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You will receive excellent training and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the number of features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, you need to have the ability to think with an open heart. Profitly Post Office
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s variety of resources helpful when they try their best to reduce loss and perform better than before. It’s not only the poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
If you really desire to be a better trader and want to learn from your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Post Office
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the “My Trade category on the dashboard. It lets you post your trades that are verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s an excellent likelihood that it can be verified. This is shown by the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities in the stock market left and right.