Stock trading can be a high-stakes game. On some days, you might enjoy the benefits of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to return to where you were at your best. If you’re immersed in the water it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve identified an option that can help you in your improvement in the market. We’ll take an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly Subscription
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informative responsible, transparent, and uplifting with each other through its broad range of features and tools including chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for people who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines that the site. Imagine it as a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” The idea, he added, served two goals: 1.) creating public track records for not just the gurus and newsletter authors and students as well as) allowing everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Profitly Subscription
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of tools and services that are geared at achieving success. It is possible to create an account for free, but you’re only given the capability to browse the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at how the community of traders performs as well as its gurus. It’s not only a chance to show your worth to a large group of traders. You are also able to use Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you can opt to post your trades, verified or not, via pictures. In Profit.ly is the huge selection 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 in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small companies to move into a larger market because it allows them to access money from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned significant amounts of profit from their combined years of knowledge. Profitly Subscription
At its peak, 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 gurus 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 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 the packaged offers 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-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices, texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Subscription
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market updates in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. On top of that you’ll also have 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 world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that cater to traders of different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort and filter your trades and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive for the price alone, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you’re interested in gain an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the Novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their skills in trading. As nice as it seems but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which could be a problem for some who may be eager to try this new tier. Profitly Subscription
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off when billed annually This plan offers it all. It gives you full, unlimited access to all the features from the two previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create an individual profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few additional services that it can provide. One of those is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be laid back and less active, while another might be more interactive and online to their pupils. Think of chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus as well as their members. Additionally, they can pick from the merchandise available on its store online to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that this is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly equally suitable to 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 risky mix associated with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. 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 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 Subscription
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for the majority of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to improve their ratings – this may be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform was not always meant to be designed for this reason. Instead, you should have an open mind. Profitly Subscription
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck could discover Profit.ly’s array of resources useful when they try their best to avoid losses and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being more successful in trading and would like to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Subscription
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries under the ‘My Trade’ category of the dashboard which allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is a high chance that it is verifiable. This is shown by the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market all over the world.
