Stock trading can be a high-stakes game. On some days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to where you were at your best. If you find yourself always in the mud it is important to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve found an option that can help you in your growth in the market. We’ll be taking an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profitly To Make Money
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informative responsible, transparent, and to build relationships with one another through its wide array of tools and features like trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for trade and communication and letting traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never previously done.” The concept Sykes said served two purposes: 1) making public records for not just the gurus, but also the newsletter writers and students and secondly) making it possible for all users to be enlightened by both the wins and losses for the trading industry’s benefit. Profitly To Make Money
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared at achieving the success of their business. You can create an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at how the community of traders performs as well as its gurus. It’s not just a way to demonstrate value to a group of traders, as you can also use Profit.ly to buy with a guru, and have the assurance that you’re confident in their skills and the veracity of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you may decide to share your trades, verified or not, via screenshots. Also included in Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile, and more ways to connect with your gurus in the chatroom, in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading can be seen as an avenue for small businesses to transition to a large marketplace as it allows them to access capital from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of experience.
Since his initial 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 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.” He then used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift 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 the experts in trading who have earned substantial amounts of money through their years of expertise. Profitly To Make Money
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on this platform: 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 the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS as well as Android devices; email, text 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. Priced at $149.95 for a month this is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both 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 To Make Money
The Superman Alerts package is his offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that, you’ll also get access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that cater to traders with different levels. Let’s break down what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. As you sign up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what could call a ruthless procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, which makes your actions public. If you’re looking to get access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able view other traders’ stats that might be a drawback for those who are anticipating this level. Profitly To Make Money
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, with 22% off when billed annually, this tier has it all. You get full, no-holds-barred access to all features of the previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, which lets users pick from a range of instructional videos that are created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly it’s seen as a space where experts and their members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members. Some may be more laid back and rarely engaged, while another could be more online and communicative to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room tips by its internal gurus and their members. They’ll also be able to choose from the items in its online store to carry with them wherever they may go. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as well-equipped with managing trading but the experts already know how it works and the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s range of options to their maximum advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to assist them in the ever-changing trading process. Profitly To Make Money
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There’s something for every person
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its customers
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed to achieve this goal. Instead, you need to have the ability to think with an open heart. Profitly To Make Money
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could be able to find Profit.ly’s array of resources to be helpful in their efforts to avoid loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly want to become a better trader and want to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Profitly To Make Money
How do you use Profit.ly to post your trades?
Profit.ly offers an entry section for trades under the “My Trade section of the dashboard that lets you post your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s an excellent likelihood that it can be verified. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed on 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 via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to 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 in the stock market left and right.