Stock trading can be a high-stakes game. On certain days, you may have the benefit of positive and satisfying numbers. On other days you may experience the opposite and it could be very difficult to return to where you were at your peak. If you’re immersed in the water it is important be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced loss 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 colleagues in the market from all over the globe, which is why we’ve discovered an option that can help you in your growth in the market. 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.
Total Rating: 4.1/5 Profitly Tim Grittani
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed, transparent, accountable, and to build relationships with one another through its wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders who are starting out and also as a platform for traders who are experienced to monitor their performance through the use of advanced analytics tools. Providing users with a wide variety of tools for trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as a social media site akin the likes of 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 transparency and honesty: it makes sure that trades are authentic and won’t accept fake news as long as is humanly possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was based “on showing all trades, something that was never prior to.” This idea Sykes said served two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) giving all users to be enlightened by both the wins and losses to the benefit of the trading industry. Profitly Tim Grittani
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of features and services aimed towards achieving the success of their business. You may set up an account there at no cost, however you’re only given access to the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community as well as its gurus. It’s not only a chance to show that you’re worthy to the group of traders. You are also able to use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you can decide to share your trades, either verified or otherwise, through photographs. Included in Profit.ly are a variety of trading courses and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, in addition to 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 is well-known for his involvement in 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 penny stock market can be seen as an avenue for small companies to move to a large marketplace as it allows them to access money from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Beginning in his late years in High School, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place of 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 variety of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the trading experts who have made substantial profits from their collective years of expertise. Profitly Tim Grittani
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the 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 we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS as well as Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, including swing trading alerts as well as unlimited access to an extensive collection of more than 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 alias “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 the time he started trading, Superman has amassed over $5.5 million in total trading profits. Profitly Tim Grittani
The Superman Alerts package is his package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself, via his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition, you’ll also get access to premium research reports as well as an 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 tools to get you started. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. Once you have signed up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You aren’t able to create a personal account, making your activities publicly available. If you do want to gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader plan allows you to take advantage of the majority of features available in The Novice package. This plan allows that you can create a private profile to share with fellow associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to improve their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you will not be able to view the statistics of other traders, which might be a drawback for some who may be eager to try this new tier. Profitly Tim Grittani
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month which includes an additional 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating your own private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few other services they offer. One of these is its online store, which allows users to pick from a range of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes of The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time place where gurus and their members trade and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members there. One of them may be a laid-back person who is not very often engaged, while another could be more active and in touch with their students. Think of the chat rooms as 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 are geared towards an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will get daily videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items from its online store that they can take with them wherever they travel. Additionally, they can gain practical 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 those traders who have had years of exposure down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as proficient in handling trading matters however, experienced traders know the way it functions and the risky mix that come with it. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits along the way.
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 excitement! Trade professionals who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Profitly Tim Grittani
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You’ll be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them will profit by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users will immediately benefit from the number of features the platform is able to provide
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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”. However, you must realize that the platform should not be used as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, you need to have curiosity. Profitly Tim Grittani
What we mean”yes” is that it is a fantastic learning tool. People who are stuck might be able to find Profit.ly’s variety of resources helpful when they try their best to incur lesser loss and perform better than before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being more successful in trading and would like to learn from your peers and experts on the way, look no further – Profit.ly could be a good option to begin.
FAQ Profitly Tim Grittani
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the “My Trade’ category of the dashboard that allows you to post your trades, verifiable or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you submit it manually or through screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring stock market opportunities all over the world.