Stock trading is an exciting game with high stakes. On some days, you might enjoy the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be extremely difficult to get back to where you were at your peak. If you are always in the mud it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the world, which is why we’ve found a platform that can support you in your improvement in the market. In this review, we’ll be taking a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Stock Sniper
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative responsible, transparent, and encouraging each other by offering a wide range of features and tools like trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that was never prior to.” This idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts, but also the newsletter writers and students as well as) allowing everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Profitly Stock Sniper
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of features and services aimed at achieving success. You may set up an account there for free, but you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at the performance of the trading community and its gurus. It’s not just a way to show your worth to a community of traders, as you can also use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you can opt to post your trades, verified or otherwise, through pictures. In Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile and other methods to connect with your gurus in 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 trader who has been famously known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market is an opportunity for small businesses to transition into a larger market because it allows them to access capital from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Beginning at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as a trader. At 25 years old, he had been given greater exposure and a larger reach of influence as a participant in the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features 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 experts in trading who have earned substantial amounts of money from their collective years of experience. Profitly Stock Sniper
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the field 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 only two gurus remain on the platform: 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 look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll observe him focus on fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices, as well as texts, emails, and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, it is an ideal plan for those who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, such as swing trading alerts and 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 is known under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly Stock Sniper
The Superman Alerts package is his offer of the most essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. On top of that you’ll also gain access to premium research reports and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, each of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following, and even messaging other traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, which makes your personal information public. If you do want to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package lets you to use many of the features of the Novice plan. It is in this plan that you can create an account that is private to share with other associates all your insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to harness their trading skills. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to view the statistics of other traders this might be a drawback for some who may be eager to try this new tier. Profitly Stock Sniper
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 per month, and an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all 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. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly has a few more services it has to provide. One of these is its online store, which lets users choose from a wide array of video products created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You are probably familiar with chat rooms since you can see it across social and messaging platforms in addition to a few special websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and share knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be a laid-back person who is not very often engaged, while another could be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and their members. Additionally, they can select from the products from its online store to carry with them wherever they may travel. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited to people who are just beginning. While the newbies may not be as adept at handling trading matters but the experts already know how it works and the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like novices, they can learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly Stock Sniper
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 tons of learning communications, trading, and communication tools
- You get to be taught by experts and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s abundance of packages and products offered may be too much for most of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because its premium users will immediately benefit from the number of services the platform has to offer
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have an open mind. Profitly Stock Sniper
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could be able to find Profit.ly’s range of resources helpful in their efforts to avoid loss and perform better than they did before. It’s not just the poor traders that can benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely want to become a better trader and want to learn from your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Profitly Stock Sniper
How can you make use of Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries in the My Trade category on the dashboard. It allows you to post your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
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 indicated with the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from 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 on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities on the stock market all over the world.