Stock trading can be a high-stakes game. On some days, you may 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 where you were at your peak. If you are immersed in the water You will need to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve found an online platform that will help you to improve your performance within the field. We’ll be taking 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.
Total Rating: 4.1/5 Profitly Pro Shop
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 informative responsible, transparent, and uplifting with one another through its wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those who are just beginning their journey and also as a platform for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast range of resources to facilitate trade and communication that help traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it a social media site akin the likes of 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 style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as it is possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never previously done.” The concept Sykes said served two objectives: one) making public records for not just the gurus and students and newsletter writers as well as) allowing all users to gain insight into the losses and wins to the benefit of the trading industry. Profitly Pro Shop
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of services and features geared at achieving success. It is possible to create an account on the site for free, but you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll be given an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of their performance as a trading group and its gurus. It’s not just a way to prove your worth to a large group of traders. You can also use Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the credibility of their claims.
If you are unsure about the concept of leaking the details of your broker account then you could opt to post your trades, whether verified or not, by taking pictures. In Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile, and more ways to interact with your experts through the chatroom 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 trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. Penny stock trading can be seen as an opportunity for small businesses to transition to a large marketplace as it allows them to access funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete on 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 the trading experts who have proven to make substantial profits through their years of expertise. Profitly Pro Shop
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: 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 has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to anticipate 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 application that is available for iOS and Android devices; texts, emails and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 per month, this is a great option for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly Pro Shop
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge of information provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also gain access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. Once you have signed to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what we could call a ruthless procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your actions public. If you do want to gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. In this plan, that you are able to create an account that is private to share with fellow associate users all your knowledge and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to harness their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to see the statistics of other traders, which could be a problem for those who are anticipating this level. Profitly Pro Shop
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month and a 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the option of creating an individual profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of other services they provide. One of them is the online store, which lets users choose from a wide array of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed 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 trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you can find it throughout 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 space where experts and their member traders can communicate and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members. One might be a laid-back person who is rarely active, while another may be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. They will also get daily videos and chat room tips by its internal gurus and their members. Additionally, they can choose from the items on its store online for them to take wherever they travel. They can also gain hands-on experiences from trading within the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the road, we consider Profit.ly equally suited to them as the newcomers. While novice traders may not be as adept at managing trading but the experts already know the way it functions and the risky mix associated with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their full advantage to develop their trading abilities. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Profitly Pro Shop
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to post any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with the answer, it would be yes. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally designed to be used in this way. Instead, you need to have an open mind. Profitly Pro Shop
What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources helpful in their efforts to avoid loss and perform better than before. It’s not only the poor traders that can profit from the platform. It is able to accommodate novices and even experts!
If you really care about being better at trading and wish to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Pro Shop
How can you make use of Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the My Trade’ category of the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the small blue check. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities in the stock market all over the world.
