The stock market can be a high-stakes game. On certain days, you may enjoy the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to where you were your most productive. If you are constantly stuck in the gutter, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve been incurring occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your growth within the field. In this review, we’ll take a look at Profit.ly, a well-recognized 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 Until Christmas
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 enables traders of different levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are starting out and as a hub for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Consider it a social media site akin 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 form of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” This idea Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter writers and students and secondly) giving all users to be enlightened by both the wins and losses to benefit the industry of trading. Profitly Until Christmas
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed toward success. You can create an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll go over shortly.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to prove your worth to a group of traders, but you can also utilize Profit.ly to buy with a professional with the confidence that you are confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of sharing your brokerage account, then you could opt to post your trades, either verified or not, by taking photographs. In Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile and other methods to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small companies to move into a larger market because they can access money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit from their collective years of expertise. Profitly Until Christmas
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A single purchase 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, text, e-mail, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, it is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in earlier plans such as alerts for swing trading and access to a rich library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Profitly Until Christmas
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. On top of that you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels, each designed for traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. As you sign up for this plan, you will be immediately offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what call a competitive process in and of itself.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re interested in have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from The Novice package. This plan allows that you are able to create an individual profile that allows you to share with other associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their trading skills. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able to see the statistics of other traders, which could be a disadvantage for those anticipating this level. Profitly Until Christmas
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes an additional 22% discount when billed annually This plan offers everything. It gives you full, unlimited access to all the features of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create a private profile. Both of these options, on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly has a few more services it has to provide. One of them is the online store, which allows users to select from a variety of video products designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You may be familiar with chat rooms since you can see it across social and messaging platforms in addition to a few special websites that provide live chat assistance. But on Profit.ly it’s seen as a place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members. One might be laid back and rarely engaged, while another could be more interactive and online in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards 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.
For instance, newbies can take advantage of Profit.ly’s knowledge-based materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and their members. Additionally, they can select from the products in its online store to carry with them wherever they may travel. They can also gain hands-on experiences by trading through the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as well-equipped with handling trading matters but the experts already know how it works and the plethora of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks 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 fun! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Profitly Until Christmas
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous 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 get to be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for most of its customers
- As traders may opt to make any type of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to boost their rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, you should have curiosity. Profitly Until Christmas
What we do mean”yes” is that it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s variety of resources helpful when they try their best to incur lesser losses and be more successful than before. It’s not just the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Profitly Until Christmas
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the My Trade category on the dashboard which lets you record your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the possibility of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does 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 version of the app works with all functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.
