The stock market can be an extremely risky game. On certain days, you may enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were your peak. If you’re immersed in the water, you will have to recognize that relying on your instincts and preserving is not always enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you in your improvement within the field. We’ll take an in-depth 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 Unto You
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for people who are just beginning their journey as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries that the site. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for 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 trust and transparency. it ensures that the trades are valid and won’t accept fake news as long as possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea, he added, served two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter authors and students, and 2) making it possible for everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Profitly Unto You
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. You can create an account at no cost, however you’re only given the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs and its gurus. You’re not just allowed to show your worth to a large group of traders, as you are also able to use Profit.ly to shop with a professional with the confidence that you are confident with their expertise and the credibility of their claims.
If you are unsure about the idea of divulging the details of your broker account you may decide to share your trades, verified or not, via screenshots. In Profit.ly is the huge selection of courses in trading and the capability to see statistics on a person’s profile and other methods to interact with your experts via chatrooms in addition to notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as trader. At 25 years old Sykes was given greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also played a role in establishing Profit.ly as a place of 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 sweet inclusions is the vast array of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money through their years of expertise. Profitly Unto You
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 were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this platform: Founder and 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 has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and 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 premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver offers all the essential features that were included in prior plans, such as swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos that are updated every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Unto You
The Superman Alerts plan is an package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist along with the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge of information provided by Superman himself, via the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition, you’ll also get the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your fingers on what call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. 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 interested in have an account with this option, you should be watching for us to introduce to you Profit.ly’s next 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.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you will not be able view the statistics of other traders, which might be a drawback for those looking forward to this tier. Profitly Unto You
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 monthly, with an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating an individual profile. These two features are in addition to the advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users select from a variety of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and footage of The Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are included in Profit.ly’s range of services and features. You may be familiar with the concept of the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a place where gurus and their members can interact and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members. One might be laid back and less active, while another might be more active and in touch in their interactions with 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 diverse range of products and features cater to the wide range of stock traders, from novices to the most experienced. Considering the number of offers it can provide this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and their members. They’ll also be able to select from the products on its store online to carry with them wherever they go. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that this 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 as equally as suitable for them as it is for the newcomers. While the newbies may not be as adept at handling trading matters however, experienced traders know how it works along with the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to improve their trading skills. Like beginners, they can study from the gurus and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Profitly Unto You
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s abundance of packages and services offered could be too much for the majority of its customers
- Since traders can choose to post any kind of trade, there is a possibility that some of them will profit by picking the most profitable trades to improve their ratings this could be a concern that should not be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
The Final Verdict: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep an open mind. Profitly Unto You
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck might discover Profit.ly’s array of resources useful when they try their best to reduce losses and be more successful than they did before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be a better trader and want to be taught by your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Unto You
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the “My Trade’ category of the dashboard. It lets you record your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is indicated with the small blue check. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of 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, as they not only are seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities left and right.