The stock market can be a high-stakes game. On certain days, you could be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it can be very difficult to get back to where you were your best. If you find yourself immersed in the water You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve discovered a platform that can support you to improve your performance in the industry. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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.
Total Rating: 4.1/5 Profitly Since 1980
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders who are starting out and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The idea, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers and secondly) allowing everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Profitly Since 1980
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared toward achievement. You can create an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account easy: create an account with your experience and expertise, connect to your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its experts. It’s not only a chance to demonstrate value to a community of traders. You can also utilize Profit.ly to buy with a guru, and have the assurance that you’re comfortable in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could choose to publish your trades, whether verified or not, via pictures. In Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom along with notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for just less than 5 cents per share. The penny stock market could be viewed as an avenue for small businesses to transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a place for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the trading experts who have proven to make substantial profits through their years of experience. Profitly Since 1980
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who 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 packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential 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 basic stock catalysts and employ them to predict the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as 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 highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is the perfect plan for investors who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of 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.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Since 1980
The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, the daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that, you’ll also get an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that cater to traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. Once you have signed up for this package, you will be immediately provided with a variety of powerful and indispensable 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 accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades and, finally, see the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal account, making your actions 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 new plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. It is in this plan that you can set up an individual profile that allows you to share with other associate users all the insights and information you have gained from the trading community.
Priced at $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 element that’s missing. Unlike the previous Novice package, you will not be able view other traders’ stats this could be a disadvantage for some who may be eager to try this new tier. Profitly Since 1980
This is by far the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, which includes an additional 22% discount when billed annually the Pro plan has it all. You will have full, unrestricted access to all the options of the previous plans combined.
Not only do you get to look at other people’s statistics and data, but you also have the chance to create a private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few more services it has to offer. One of those is its online store, where customers can select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection 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 products from other expert traders.
The integrated chat rooms are included in Profit.ly’s array of services and features. You may be familiar with the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a space where experts and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members there. Some may be a laid-back person who is rarely active, while another may be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of a forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer this platform definitely has something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room advice from its in-house gurus and members. They’ll also be able select from the products in its online store that they can take with them wherever they may go. They can also gain hands-on experiences by trading through the platform, but ultimately, they will soon learn that trading is a high-stakes game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suitable for them as it is for the newcomers. While the newbies may not be as proficient in managing trading but the experts already know how it works along with the risky mix that come with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Profitly Since 1980
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for all
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the many features the platform is able to offer
The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand 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 curiosity. Profitly Since 1980
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s array of resources useful as they do their best to incur lesser loss and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Since 1980
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the “My Trade category on the dashboard that lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
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 probability that it’s verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.