Stock trading can be an extremely risky game. Some days, you could have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it can be very difficult to get back to where you were your peak. If you’re immersed in the water it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve suffered loss from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an important boost from colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you to improve your performance in the market. This review will take an in-depth look at Profit.ly A well-respected one-stop 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.
Overall Rating: 4.1/5 Profitly Sales
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informative, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for people who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The concept, he added, served two objectives: one) making public records for all traders, not just the gurus, but also the newsletter writers and students and secondly) giving all users to learn from both losses and wins for the trading industry’s benefit. Profitly Sales
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed toward the success of their business. It is possible to create an account on the site for free, but you’re only given the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to show value to a large group of traders. You are also able to use Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the credibility of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, then you could choose to publish your trades, verified or not, via pictures. In Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus through the chatroom along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading can be seen as an avenue for small businesses to transition to a market that is larger as it gives them access to money from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trading professional. At the age of 25 Tim Sykes had received more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency and for the community to lift each other up and compete with each other on 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 experts in the field of trading who have proven to make significant amounts of profit through their years of experience. Profitly Sales
At its peak, 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 included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $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 forecast the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, it is the perfect plan for those who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Sales
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally you’ll also gain an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
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. Once you have signed up for this plan you’ll be offered a range of strong and essential trading tools, each of which is essential to keep your hands on what we could call a ruthless procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study, sort, and filter your trades; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. 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, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader package allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can create an account that is private to share with other associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their expertise in trading. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view other traders’ stats, which could be a problem for some who may be anticipating this level. Profitly Sales
This is by far the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 per month, with a 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all the features of the previous plans combined.
You’re not only able to see other users’ stats and data, but you also have the option of creating a private profile. Both of these options, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly has a few other services they offer. One of these is its online store, where customers can pick from a range of videos created to help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you can see it across social and messaging platforms and also on a few specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a hands-on 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 listed members. One of them may be more laid back and rarely engaged, while another could be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for every person.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and their members. They’ll also be able to choose from the items from its online store to carry with them wherever they go. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that the process is a risky game that should not be viewed as a joke.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s variety of features to their full advantage to improve their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profitly Sales
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have curiosity. Profitly Sales
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources useful as they do their best to incur lesser losses 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 want to become better at trading and wish to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profitly Sales
How do you use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the My Trade category on the dashboard. It lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo 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 an excellent likelihood that it can be verified. This is evident by the small blue check. If you upload it manually or through pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 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 stock market opportunities left and right.