The stock market can be an extremely risky game. Some days, you may be reaping the benefits of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to get back to the point you were at your most productive. If you are constantly stuck in the gutter You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve found an option that can help you in your growth in the market. This review will take an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Than You
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide variety of tools and features like chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people who are starting out as well as a place for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The idea, he added, served two objectives: one) making public records for all traders, not just the gurus as well as newsletter writers and students and secondly) making it possible for anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Profitly Than You
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. You may set up an account on the site for free, but you’re limited to the capability to browse the leaderboard and follow 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 deals that we’ll go over shortly.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a look at the performance of the trading community and its gurus. You’re not just allowed to show your worth to a large group of traders. You are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, whether verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading courses and the capability to see the stats of a trader’s account and other methods to interact with your experts via chatrooms in addition to 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 personality who is well-known for his efforts in penny stock trading. 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 is an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access funds from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Beginning at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trader. At the age of 25 Sykes was given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place for openness, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make substantial profits through their years of knowledge. Profitly Than You
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who 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. With that taken into consideration we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on 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 most premium 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 includes all the basic features that were included in earlier plans which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Profitly Than You
The Superman Alerts package is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that, you’ll also get the ability to access premium reports on research as well as an 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 tools to get you started. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. As you sign to this plan you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what 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 the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You can’t create a private profile, which makes your personal information public. If you’re interested in gain 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 lets users to benefit from many of the features of The Novice package. It is in this plan that you can set up an account that is private for sharing with fellow associates all your insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their trading skills. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ stats that might be a drawback for some who may be anticipating this level. Profitly Than You
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, which includes a 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features of the previous plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the option of creating an individual profile. These two features are plus the other advantages that you can utilize to the maximum extent. If you’re in search of an option that gives you everything you need as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, which allows users to choose from a wide array of video products designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and scenes from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members. One might be laid back and rarely engaged, while another could be more online and communicative with their students. Think of the chat rooms like Profit.ly’s version of a forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice from the in-house experts and their members. They’ll also be able to choose from the items from its online store for them to take wherever they go. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. While the newbies may not be as well-equipped with managing trading but the experts already know the way it functions and the risky mix that it carries. Ideally, they may use Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like beginners, they can learn from the top experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Trade professionals who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Profitly Than You
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate 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 chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for the majority of its users
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating This could be a concern that should not be overlooked.
- Profit.ly does not offer refunds as its premium users are expected to instantly benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it’s yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, you need to have curiosity. Profitly Than You
What we do mean”yes” is it is a fantastic learning tool. Those who may be stuck could be able to find Profit.ly’s array of resources to be helpful as they do their best to avoid loss and perform better than they did before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Than You
How can you make use of Profit.ly to publish your trades?
Profit.ly includes a trade entry portion within the My Trade’ category of the dashboard which allows you to post your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is the likelihood that it can be verified. This is evident by the small blue check. If you upload the information manually or via pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just trying to maximize profits but also help each other grow and learn more about acquiring stock market opportunities all over the world.
