Stock trading is a high-stakes game. Some days, you might enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to the point you were at your most productive. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an option that can help you in your growth within the field. We’ll be taking an in-depth look at Profit.ly is a well-known 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 Upside App
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of various levels to be informative and accountable, as well as transparent and to build relationships with each other by offering a wide variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t allow for fraud as much as is humanly possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two purposes: 1) creating public track records for everyone, not just the experts and students and newsletter writers and secondly) making it possible for everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Profitly Upside App
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 at achieving achievement. You may set up an account at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re interested in investing 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 deals that we’ll review in the coming days.
The process of opening an account is easy: create an account with your experience and skills, join to your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to show your worth to a large group of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you may choose to publish your trades, whether verified or not, via screenshots. Included in Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom 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 his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small companies to move into a larger market because it gives them access to funds from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have proven to make substantial amounts of money through their years of knowledge. Profitly Upside App
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will be able to see him concentrate on the basic stock catalysts and employ them to predict the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as Android devices, texts, emails 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 package. Priced at $149.95 per month, it is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans including alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profitly Upside App
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself through 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 previous lessons. In addition you’ll also have the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan you’ll be given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what we could call a ruthless process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following, and even messaging other traders; and providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you do want to gain an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use the majority of features available in the novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to harness their trading skills. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ stats, which might be a drawback for some who may be anticipating this level. Profitly Upside App
Pro Plan
This is by far the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 monthly, and an additional 22% discount when billed annually This plan offers everything. It gives you full, unlimited access to all the options of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly has a few additional services that it can provide. One of them is the online store, which allows users to choose from a wide array of videos designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and scenes from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. But on Profit.ly it’s seen as a space where experts and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members. One might be laid back and less engaged, while another could be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While the newbies may not be as adept at managing trading but the experts already know how it works along with the plethora of risks that come with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to develop their trading abilities. Like novices, they can study from the gurus and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies 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 and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Profitly Upside App
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit 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 products offered may be too much for the majority of its customers
- Since traders can choose to post any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Profitly Upside App
What we mean”yes” is it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s variety 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 poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really want to become better at trading and wish to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Upside App
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the “My Trade’ category of the dashboard which lets you record your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still in use?
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 is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.
