The stock market can be an extremely risky game. On certain days, you may enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse and it could be extremely difficult to get back to where you were at your peak. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your growth within the field. In this review, we’ll take a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Vslr
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed responsible, transparent, and uplifting with each other through its broad range of features and tools including trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are starting out and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication 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 an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly 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 appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two objectives: one) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students, and 2) making it possible for everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Profitly Vslr
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of tools and services that are geared at achieving the success of their business. You may set up an account on the site for free, but you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into how the community of traders performs and its gurus. You’re not just allowed to prove value to a group of traders, but you are also able to use Profit.ly to shop from a guru with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you can choose to publish your trades, whether verified or not, via photographs. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to connect with your gurus through the chatroom along with 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 trader who has been famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as an opportunity 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 an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trader. At the age of 25 Sykes was given greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place for transparency, and for the community to lift each other up and compete with 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 helpful stuff provided by the company’s internal gurus. Gurus are referred to the experts in trading who have proven to make substantial amounts of money from their collective years of expertise. Profitly Vslr
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the platform: Founder of the penny stock market 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’s Alerts
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the fundamental catalysts for stocks and utilize them to predict the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, email, text and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced 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 found in earlier plans including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Vslr
The Superman Alerts plan is an package of vital 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 along with the mobile app, the 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 a knowledgeable base that is provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. In addition, you’ll also get an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you’re interested in get access to this feature, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to use a majority of features from the novice plan. This plan allows that you are able to create a private profile for sharing with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to develop their skills in trading. As nice as it seems however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you won’t be able to view other traders’ stats this might be a drawback for those eager to try this new tier. Profitly Vslr
This is by far the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month which includes a 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all the features of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create your own private 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 you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few additional services that it can offer. One of them is the online store, which allows users to choose from a wide array of videos designed to inform and help you understand the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and footage 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 range of services and features. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members. Some may be laid back and rarely active, while another may 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 best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it can provide it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room advice from the in-house experts and their members. They’ll also be able to select from the products from its online store that they can take with them wherever they be. You can also get hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited to those who are just starting. Although the novices might not be as proficient in managing trading but the experts already know how it works and the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their best advantage to improve their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks 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 excitement! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Profitly Vslr
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and dependable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s numerous packages and products offered may be too much for most of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the many services the platform has to offer
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t designed to be used to achieve this goal. Instead, you should have the ability to think with an open heart. Profitly Vslr
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s range of resources to be helpful when they try their best to incur lesser loss and perform better than before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be more successful in trading and would like to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profitly Vslr
How do you use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the “My Trade section of the dashboard which lets you record your trades that are verified or not. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell 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 indicated with the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities left and right.