The stock market can be an extremely risky game. Some days, you could enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be very difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve experienced loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance in the industry. In this review, we’ll be taking a look at Profit.ly is a well-known all-in-one 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 Superman
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of various levels to be informed, transparent, accountable, and encouraging one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast array of options for communication and trade 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 an online social media platform similar to Facebook and Reddit but with a focus on 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 transparency and honesty: it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was based “on showing every trade, something that was never previously done.” The concept was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students as well as) allowing all users to be enlightened by both losses and wins for the trading industry’s benefit. Profitly Superman
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared at achieving the success of their business. You may set up an account there for free, but you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
Making an account simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group and its gurus. It’s not only a chance to prove your worth to a community of traders, but you are also able to use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the legitimacy of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus in the chatroom, as well as 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 trading guru who is famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a market that is larger as it gives them access to funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a place for transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned substantial amounts of money from their collective years of expertise. Profitly Superman
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the prominent experts 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will see him focus on the 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 and the mobile application that is available to iOS and 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 premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly Superman
The Superman Alerts package is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. When you sign to this plan you’ll be offered a range of strong and essential trading tools, each one of them essential in keeping your fingers on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort and filter your trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in get an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in The Novice package. This plan allows that you are able to create an account that is private for sharing with fellow associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their expertise in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ stats this might be a drawback for those who are anticipating this level. Profitly Superman
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month and 22% off for annual billing, this tier has it all. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the chance to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few additional services that it can offer. One of them is the online store, where customers can choose from a wide array of videos created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and footage 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 variety of features and services. You’re probably familiar with the chat room since you can see it across social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly it’s seen as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members. Some may be a laid-back person who is 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 a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for all.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and their members. They’ll also be able choose from the items on its store online for them to take wherever they may go. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that come with it. Ideally, they may make use of Profit.ly’s range of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Profitly Superman
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning communications, trading, and communication tools
- You will be taught by experts and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach 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 users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with the answer, it would be yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Profitly Superman
What we do mean”yes” is it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s array of resources useful when they try their best to reduce losses and perform better than they did before. Not only poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you really care about being a better trader and want to be taught by your mentors and peers along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profitly Superman
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has an entry section for trades in the My Trade category on the dashboard. It lets you post your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is indicated with the small blue check. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
