Stock trading can be an exciting game with high stakes. Some days, you could have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you’re constantly stuck in the gutter, you will have to realize that relying on instinct and survival may not always be enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve identified an option that can help you in your growth within the field. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly Pre Market
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features like chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for traders who are starting out and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication, it helps traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines that the site. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” The idea, he added, served two purposes: 1) making public records for all traders, not just the gurus, but also the students and newsletter writers, and 2) allowing anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Profitly Pre Market
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed toward achievement. It is possible to create an account for free, but you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
Making an account simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate value to a community of traders, but you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, then you could decide to share your trades, verified or otherwise, through photographs. In Profit.ly are the vast number of trading courses as well as the ability to look at statistics on a person’s profile, and more ways to connect with your gurus via chatrooms as well as 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 penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks 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 thanks to his years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million profit throughout his illustrious career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned significant amounts of profit from their combined years of expertise. Profitly Pre Market
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru has to offer.
From 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 for a month you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices; email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features that were included in earlier plans which includes alerts for swing trading and access to a collection of more than 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly Pre Market
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, 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, plus access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also have access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. When you sign up for this package, you will be immediately offered a range of strong and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your actions public. If you’re interested in get an account with this option, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use a majority of features from The Novice package. In this plan, that you are able to create an account that is private to share with fellow associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their trading skills. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, this one won’t be able to see other traders’ stats, which might be a drawback for those who are anticipating this level. Profitly Pre Market
Pro Plan
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, which includes 22% off for annual billing, this tier has everything. You will have full, unrestricted access to all the options of the previous plans combined.
You’re not only able to view other people’s stats and data, but you also have the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which allows users to choose from a wide array of videos created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of features and services. You’re probably familiar with chat rooms since you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. One might be a laid-back person who is rarely active, while another might be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to the most experienced. With the variety of deals it offers this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room advice from the in-house experts and members. They’ll also be able to select from the products in its online store to carry with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in managing trading however, experienced traders know how it works and the risky mix that it carries. Ideally, they may utilize Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Profitly Pre Market
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for most of its users
- Since traders can choose to post any kind of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you should have curiosity. Profitly Pre Market
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources to be helpful in their efforts to incur lesser losses and be more successful than before. It’s not only the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being more successful in trading and would like to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Pre Market
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade section of the dashboard that allows you to post your trades, verifiable or not. There are three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is a high chance that it is verifiable. This is shown by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The disadvantage of 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 show up in the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities in the stock market left and right.
