Stock trading is an exciting game with high stakes. On some days, you may have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were your peak. If you are constantly stuck in the gutter it is important be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require 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 in your growth in the market. In this review, we’ll be taking 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.
Total Rating: 4.1/5 Profitly Via Email Address
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 permits traders of different levels to be informed, transparent, accountable, and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as it is possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never previously done.” The concept, he added, served two objectives: one) creating public track records for everyone, not just the experts as well as newsletter writers and students, and 2) making it possible for everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Profitly Via Email Address
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of features and services aimed toward the success of their business. It is possible to create an account at no cost, however you’re only given the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers, which we will review in the coming days.
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 your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into their performance as a trading group as well as its gurus. It’s not just a way to prove that you’re worthy to the community of traders, as you can also utilize Profit.ly to purchase with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, then you could opt to post your trades, verified or otherwise, through pictures. In Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile, and more ways to interact with your experts in the chatroom, as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market is an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received greater exposure and an even wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” He used the opportunity 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 against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the trading experts who have made significant amounts of profit through their years of expertise. Profitly Via Email Address
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the most famous gurus 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: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as 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 version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly 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 Via Email Address
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile app, daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. Additionally you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet 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 levels, each designed for traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign to this plan, you will be immediately offered a range of strong and vital trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
The list of features you can do using Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can set up an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their expertise in trading. As nice as it seems, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able to view other traders’ stats this might be a drawback for some who may be looking forward to this tier. Profitly Via Email Address
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month and 22% off for billing annually This plan offers everything. You will have full, unrestricted access to all the features of the previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the option of creating an individual profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, which lets users choose from a wide array of instructional videos that are created to help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You may be familiar with chat rooms since you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a real-time place where gurus and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be more laid back and not very often engaged, while another could be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, ranging from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. Not only will they 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 from its online store for them to take wherever they travel. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that the process is a high stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable to those who are just starting. While the newbies may not be as adept at managing trading, the pros already understand how it works along with the stack full of risks that it carries. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to enhance their trading skills. Like novices, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the fun! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Profitly Via Email Address
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and tips from the in-house gurus, including collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its users
- If traders decide to make any type of trade, there is an opportunity that some them could profit from cherry-picking the best trades to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep the ability to think with an open heart. Profitly Via Email Address
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck could find Profit.ly’s range of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you really want to become a better trader and want to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Profitly Via Email Address
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 section of the dashboard which allows you to post your trades that are verified or not. There are three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring opportunities in the stock market both right and left.
