Stock trading is a high-stakes game. Some days, you might enjoy the benefits of pleasing and positive numbers. However, on other days it could be the reverse and it could be very difficult to return to the point you were at your best. If you’re immersed in the water it is important to realize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you to improve your performance in the industry. We’ll be taking a 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.
Overall Rating: 4.1/5 Profitly Under Armour
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide variety of tools and features such as trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and education 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 advanced analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines that the site. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades 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 allow for fraud as much as is humanly possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students as well as) making it possible for anyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Profitly Under Armour
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of features and services aimed at achieving achievement. You may set up an account there for free, but you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is easy: create an account with your experience and expertise, connect to your brokerage account and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of the performance of the trading community and its gurus. It’s not just a way to demonstrate that you’re worthy to the group of traders. You are also able to use Profit.ly to buy with a guru, and have the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you can opt to post your trades, verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms along with notifications via email or text 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 his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. The trading of penny stocks can be seen as a stepping stone for small-scale businesses to make the transition into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trader. At the age of 25 Sykes was given more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to develop trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have made substantial amounts of money from their combined years of experience. Profitly Under Armour
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the 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 we’ll take a look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and 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 highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 per month, it is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly Under Armour
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the 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.
The film “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 the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally you’ll also have access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. When you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you do want to gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use the majority of features available in the Novice plan. In this plan, that you can create an account that is private to share with fellow associates all your insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their trading skills. As nice as it seems but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ statistics this could be a problem for those looking forward to this tier. Profitly Under Armour
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 per month, with 22% off for billing annually This plan offers everything. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the chance to create an individual profile. These two features are plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, where customers can select from a variety of instructional videos that are designed to inform and help you understand the ins and outs of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You’re probably familiar with chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members there. One of them may be more laid back and not very often engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, will appreciate 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 its in-house gurus and their members. Additionally, they can select from the products in its online store for them to take wherever they go. You can also get hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a risky game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we see Profit.ly equally suited to them as people who are just beginning. While the newbies may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the stack full of risks that it carries. Ideally, they may use Profit.ly’s range of features to their full advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Profitly Under Armour
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You’ll be taught by experts and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, 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 plans and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for most of its users
- Since traders can choose to make any type of trade, there’s a 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 simply overlooked
- Profit.ly does not accept refunds because its premium users will immediately benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, you should have an open mind. Profitly Under Armour
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources to be helpful in their efforts to incur lesser loss and perform better than before. It’s not only the struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
If you really want to become a better trader and want to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Under Armour
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade category on the dashboard that lets you post your trades that are verified or not. There are three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you import 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 disadvantage of an unverified trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app 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 version of the app works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market both right and left.
