Stock trading can be a high-stakes game. Some days, you could be reaping the benefits 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 at your best. If you’re always in the mud, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the world, which is why we’ve identified a platform that can support you in your improvement within the field. In this review, we’ll take the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Profitly Stockrealist
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 permits traders of different levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of the platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” This idea was, he said, serving two purposes: 1) creating public track records for not just the gurus and students and newsletter writers and secondly) allowing everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Profitly Stockrealist
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving success. It is possible to create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the activities 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 it is necessary to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into how the community of traders performs as well as its gurus. It’s not just a way to demonstrate your worth to a group of traders, as you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, whether verified or not, via screenshots. In Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account, and more ways to interact with your experts in the chatroom, along with text and e-mail alerts and 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 delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. Penny stock trading could be viewed as an opportunity for small businesses to transition into a larger market because they can access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of openness, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have made substantial amounts of money from their combined years of expertise. Profitly Stockrealist
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on this platform: the 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 take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS as well as Android devices, as well as 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 highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month it is a great option for those who are 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 rich collection of more than 7,000 educational videos, with new ones released every 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 massive stocks of the small-cap size and insanely 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 Stockrealist
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed to this plan, you will be immediately given a slew of robust 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 accomplish using Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you do want to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use a majority of features from the novice plan. In this plan, that you can create an individual profile that allows you for sharing with fellow associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able to view the statistics of other traders, which could be a disadvantage for some who may be looking forward to this tier. Profitly Stockrealist
Pro Plan
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, and a 22% discount for billing annually This plan offers everything. You get full, no-holds-barred access to all features from the two prior plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly offers a number of more services it has to provide. One of those is its online store, where customers can choose from a wide array of videos created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website can be immediately purchased for personal use. Among these products include best-sellers 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 related to trading, videos and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You are probably familiar with the chat room as you will see it on social and messaging platforms, in addition to a few special websites that offer live chat support. But on Profit.ly, it is seen as a place where gurus and their members can interact and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be more laid back and not very often active, while another might be more online and communicative to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items in its online store that they can take with them wherever they may travel. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that this is a high stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suitable to those who are just starting. While the newbies may not be as adept at dealing with trading issues however, experienced traders know the way it functions and the plethora of risks that come with it. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to improve their trading skills. Like novices, they can 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 or semi-experienced trader. Certified experts can also take part in the excitement! Trade professionals who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Profitly Stockrealist
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its users
- If traders decide to post any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of the answer, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you should have an open mind. Profitly Stockrealist
What we do mean”yes” is it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s array of resources to be helpful when they try their best to avoid loss and perform better than before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Profitly Stockrealist
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the ‘My Trade category on the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is the likelihood that it can be verified. This is shown by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
