Stock trading is a high-stakes game. On some days, you could have the benefit of positive and satisfactory numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to return to where you were at your most productive. If you find yourself immersed in the water, you will have 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 solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve discovered a platform that can support you in your improvement in the industry. We’ll take the time to 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.
Overall Rating: 4.1/5 Profitly Unto The Market
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 allows traders of all levels to be informative and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features like 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 that functions as a learning and education platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Think of it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been previously done.” This idea Sykes said served two purposes: 1) making public records for everyone, not just the experts and students and newsletter writers and secondly) giving all users to be enlightened by the losses and wins for the trading industry’s benefit. Profitly Unto The Market
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of features and services aimed toward achievement. You may set up an account for free, but you’re only limited to having access to 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 will need to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. It’s not just a way to prove value to a large group of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could opt to post your trades, verified or not, by taking pictures. 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, in addition to 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 personality who is famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition to a market that is larger as they can access capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trader. When he was 25 years old Sykes was given more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place of transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have made substantial profits from their collective years of experience. Profitly Unto The Market
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the most prominent experts included 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 this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, text, e-mail and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts as well as unlimited access to a rich 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 under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Unto The Market
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
From “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 through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. In addition, you’ll also get the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, and filter your trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private account, 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 strategy.
The Trader Plan
The Trader package lets you to use many of the features of the novice plan. This plan allows that you can create a private profile for sharing with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their trading skills. As nice as it seems but there’s one important feature that is missing. Unlike the previous Novice package, you will not be able to see the statistics of other traders, which might be a drawback for those looking forward to this tier. Profitly Unto The Market
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes a 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating your own private profile. Both of these features, in addition to the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few more services it has to offer. One of those is its online store, which allows users to pick from a range of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the site can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly it’s seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members. One might be a laid-back person who is less active, while another might be more active and in touch with their students. Think of the 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 cater to a large variety of stock traders, from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items on its store online that they can take with them wherever they go. You can also get hands-on experience trading on the platform, however they’ll realize that trading is a high-stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suitable to people who are just beginning. While the newbies may not be as well-equipped with handling trading matters however, experienced traders know how it works along with the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their best advantage to improve their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! Trade professionals who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. Profitly Unto The Market
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its users
- Since traders can choose to make any type of trade, there is the possibility that some of them will profit by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as the premium customers will immediately benefit from the number of features the platform is able to offer
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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’s a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created to achieve this goal. Instead, you need to have curiosity. Profitly Unto The Market
What we are referring to”yes” is it could be a useful learning tool. People who are stuck might find Profit.ly’s array of resources to be helpful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you really care about being a better trader and want to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Unto The Market
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the “My Trade section of the dashboard that allows you to post your trades that are verified or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is evident by the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market left and right.
