The stock market can be an extremely risky game. On some days, you might have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to where you were at your peak. If you are constantly stuck in the gutter You will need to recognize that relying on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an option that can help you to improve your performance in the market. We’ll be taking an in-depth look at Profit.ly is a well-known all-in-one 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 Upon Receipt
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 all levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide array of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Offering users a broad variety of tools for communication and trade that help traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of every trade, something that was never previously done.” The concept, he added, served two goals: 1.) making public records for not just the gurus as well as newsletter authors and students as well as) giving everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Profitly Upon Receipt
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving achievement. It is possible to create an account on the site at no cost, however you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at how the community of traders performs as well as its experts. It’s not only a chance to demonstrate your worth to a group of traders, as you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you can opt to post your trades, either verified or not, via pictures. Included in Profit.ly are the vast number of trading classes and the capability to see statistics on a person’s profile and other methods 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 personality who is famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as it allows them to access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal through his many years of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, 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 to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial profits from their combined years of expertise. Profitly Upon Receipt
At its peak, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use 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 and the mobile app available to iOS as well as Android devices, as well as text, e-mail, and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 per month, this is the perfect plan for those who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has 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 Upon Receipt
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included 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 have access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you going. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign to this plan you’ll be offered a range of strong and vital trading tools, all one of them essential in keeping your fingers on what we call a competitive process in and of itself.
The list of features you can do using Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it looks 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 looking to have an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to take advantage of the majority of features available in The Novice package. This plan allows that you can set up a private profile to share with other associate users all your knowledge and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their expertise in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. 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 Upon Receipt
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, which includes a 22% discount for annual billing the Pro plan has it all. It gives you full, unlimited access to all features from the two previous plans.
You’re not only able to see other users’ stats, but you’re also given the chance to create a private profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re in search of an account that will give 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 leaderboards, Profit.ly has a few more services it has to offer. One of those is its online store, which allows users to select from a variety of videos designed to inform and guide you through the ins and outs of trading. All of the products featured on this page of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and scenes from 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 range of services and features. You may be familiar with the concept of chat rooms since you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One might be laid back and not very often active, while another may be more interactive and online to their pupils. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room advice from its in-house gurus as well as their members. They’ll also be able select from the products on its store online to carry with them wherever they go. They can also gain hands-on experience trading on the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly equally suitable to people who are just beginning. While novice traders may not be as proficient in handling trading matters however, experienced traders know how it works and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their trading skills. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the excitement! Trade professionals who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help assist them in the ever-changing trading process. Profitly Upon Receipt
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its users
- If traders decide to open any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the number of services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Profitly Upon Receipt
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might discover Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be better at trading and wish to learn from your peers and experts throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Profitly Upon Receipt
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the My Trade category on the dashboard which lets you post your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people 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 App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.
