The stock market can be an exciting game with high stakes. On certain days, you could be reaping 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 best. If you’re constantly stuck in the gutter it is important to recognize that relying on instinct and survival is not always enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your growth in the industry. This review will 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 Took Too Long To Respond
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be informed responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t tolerate inauthenticity as much 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.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” This idea Sykes said served two goals: 1.) keeping track of public data for not just the gurus and newsletter writers and students, and 2) allowing anyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Profitly Took Too Long To Respond
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving success. You can create an account there at no cost, however 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 what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at their performance as a trading group as well as its gurus. It’s not just a way to demonstrate your worth to a group of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re confident of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you can choose to publish your trades, verified or not, via screenshots. In Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms along with 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 famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for less than $5 per share. The penny stock market is an avenue for small businesses to transition into a larger market because it gives them access to capital from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as a trader. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of knowledge. Profitly Took Too Long To Respond
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche in the trading industry. Some of the prominent experts were 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 as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS as well as Android devices; texts, emails and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is a great option for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Took Too Long To Respond
The Superman Alerts plan is an offer of the most essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, the 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 and access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that you’ll also have the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that cater to traders with different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed up for this package, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what we call a competitive process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort or filter the trades you make; and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to get access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use a majority of features from the novice plan. It is in this plan that you are able to create a private profile to share with fellow associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to see other traders’ stats, which could be a disadvantage for those looking forward to this tier. Profitly Took Too Long To Respond
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. With $74.95 per month, and 22% off for annual billing, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating an individual profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of other services they offer. One of these is its online store, where customers can choose from a wide array of video products designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all related to trading, videos and scenes from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. Some may be laid back and not very often active, while another might be more interactive and online to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers, the platform surely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and members. They’ll also be able choose from the items in its online store for them to take wherever they may go. They can also gain hands-on experiences by trading through the platform, however, they will soon learn that trading is a risky game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works along with the plethora of risks that it carries. Ideally, they may use Profit.ly’s array of features to their full advantage to enhance their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders in order to navigate them through the ever-changing trading process. Profitly Took Too Long To Respond
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could be too much for most of its users
- Since traders can choose to open any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to improve their ratings this could be a concern that should not be overlooked.
- Profit.ly does not accept refunds because the premium customers are expected to immediately take advantage of the numerous services that the platform can provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed 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 Took Too Long To Respond
What we mean”yes” is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and perform better than before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being more successful in trading and would like to be taught by your mentors and peers throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Profitly Took Too Long To Respond
How can you make use of Profit.ly to make your trades public?
Profit.ly includes an entry section for trades under the “My Trade’ category of the dashboard which lets you post your trades, either verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you upload it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities in the stock market all over the world.
