Stock trading can be a high-stakes game. On some days, you may enjoy the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it can be very difficult to return to the point you were at your best. If you’re constantly stuck in the gutter You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the industry. In this review, we’ll be taking a look at Profit.ly A well-respected single-stop social platform to trade!
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 Trial 2 Weeks
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 enables traders of various levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those new to trading as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast range of resources for trade and communication, it helps traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries that the site. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” This idea Sykes said served two purposes: 1) making public records for all traders, not just the gurus, but also the newsletter writers and students and secondly) giving anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Profitly Trial 2 Weeks
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving the success of their business. It is possible to create an account there at no cost, however you’re only given access to the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll have a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to prove that you’re worthy to the community of traders, but you are also able to use Profit.ly to purchase from a guru with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could choose to publish your trades, verified or otherwise, through screenshots. Included 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, and more ways to connect with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for less than $5 per share. The penny stock market could be viewed as an opportunity for small companies to move into a larger market because they can access money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
Beginning at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as a trader. At 25 years old Tim Sykes had received greater exposure and a larger reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial amounts of money from their combined years of experience. Profitly Trial 2 Weeks
At its height, 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 prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app 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 highest-quality version, with an upgraded version of Tim’s Alerts program. At $149.95 per month, it is the perfect plan for those who are invested in the penny-stock market. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly Trial 2 Weeks
The Superman Alerts plan is his package of vital features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that, you’ll also get the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders at different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed to this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re looking to gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from the majority of features available in the novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able to view the statistics of other traders this might be a drawback for some who may be anticipating this level. Profitly Trial 2 Weeks
Pro Plan
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. With $74.95 per month, and a 22% discount for annual billing This plan offers it all. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these features, 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 a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, which allows users to pick from a range of video products designed to inform and provide guidance on 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 the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short 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 chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You are probably familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a area where experts and members trade and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members. One of them may be more laid back and rarely engaged, while another could be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items in its online store that they can take with them wherever they travel. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize that trading is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to those who are just starting. While novice traders may not be as proficient in dealing with trading issues however, experienced traders know the way it functions and the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to enhance their trading abilities. Like novices, they can learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders in order to navigate them through the ever-changing trading process. Profitly Trial 2 Weeks
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s numerous products and packages offered might be too much for most of its customers
- If traders decide to make any type of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to improve their ratings This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Verdict: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. It wasn’t intended to be created for this reason. Instead, you should have an open mind. Profitly Trial 2 Weeks
What we do mean”yes” is that it can be a great learning tool. People who are stuck may find Profit.ly’s range of resources to be helpful when they try their best to avoid loss and perform better than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to be taught by your mentors and peers along the way, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly Trial 2 Weeks
How do you use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion in the My Trade’ category of the dashboard which lets you post your trades, verifiable or not. There are three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is a high 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 assigned as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are 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 in 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 over 150,000 investors and traders because they are not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
