The stock market can be a high-stakes game. On some days, you might have the benefit of positive and satisfying numbers. On other days, however it could be the reverse and it can be very difficult to get back to the point you were at your best. If you are always in the mud it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you in your improvement in the market. In this review, we’ll be taking a look at Profit.ly, a well-recognized 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 Upside Down
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informed responsible, transparent, and to build relationships with each other by offering a wide array of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people who are starting out as well as a place for experienced traders to track their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources for communication and trade that help traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as the social media equivalent like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” This idea was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students, and 2) allowing anyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Profitly Upside Down
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared at achieving success. It is possible to create an account there for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and expertise, 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 previously mentioned, is designed to give its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove your worth to a community of traders, but you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you may decide to share your trades, whether verified or not, via pictures. Included in Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account and other methods to connect with your gurus in the chatroom, as well as 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 guru who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market is an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and a larger impact as a participant in the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned substantial profits from their combined years of expertise. Profitly Upside Down
At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being 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 predict the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices, texts, emails, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, this is an ideal plan for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts as well as unlimited access to a library of over 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Upside Down
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition, you’ll also get the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. As you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your hands on what we call a competitive procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you’re interested in have access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their trading skills. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, this one won’t be able to see other traders’ stats that could be a problem for some who may be eager to try this new tier. Profitly Upside Down
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 each month and a 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features of the previous plans combined.
You’re not only able to view other people’s stats as well, you’re also offered the option of creating your own private profile. These two features are plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few additional services that it can provide. One of these is its online store, which allows users to choose from a wide array of video products designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You may be familiar with the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a area where experts and members trade and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. One might be a laid-back person who is less active, while another might be more online and communicative in their interactions with students. Think of chat rooms like 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, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able select from the products in its online store to carry with them wherever they go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in handling trading matters however, experienced traders know the way it functions and the stack full of risks that come with it. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their skills in trading. Like beginners, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Profitly Upside Down
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You will be taught by experts and advice from the company’s in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There is truly something for everyone
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it would be yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you should have curiosity. Profitly Upside Down
What we are referring to”yes” is it could be a useful learning tool. For those who are struggling, they could be able to find Profit.ly’s range of resources helpful as they do their best to incur lesser loss and perform better than before. Not only struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
If you truly care about being a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Profitly Upside Down
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade section of the dashboard that 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 specified spaces and information.
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.