The stock market can be a high-stakes game. On certain days, you may enjoy the benefits of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you’re immersed in the water You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve identified a platform that can support you to improve your performance within the field. We’ll take a look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Within A Company
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for communication and trade, it helps 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 the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea was, he said, serving two objectives: one) making public records for everyone, not just the experts, but also the newsletter authors and students and secondly) allowing everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Profitly Within A Company
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared towards achieving the success of their business. It is possible to create an account at no cost, however you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into how the community of traders performs as well as its experts. It’s not only a chance to show that you’re worthy to the group of traders, but you are also able to use Profit.ly to buy with a guru, and have the confidence that you are confident in their skills and the veracity of their assertions.
If you are unsure about the idea of divulging the details of your broker account you may opt to post your trades, whether verified or not, by taking screenshots. Also included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account as well as other ways to interact with your experts via chatrooms along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as an avenue for small companies to move to a market that is larger as they can access money from the public. But don’t be mistaken – 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 the latter years of high school, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trading professional. At 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions 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 experts in trading who have earned significant amounts of profit through their years of expertise. Profitly Within A Company
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche within the world of trading. Some of the most famous experts were 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 this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices; email, text, 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. It costs $149.95 monthly, it is an ideal plan for those who are invested 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 a rich library of more than 7,000 instructional videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both 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 total trading earnings. Profitly Within A Company
The Superman Alerts plan is his offering of essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base that is provided by Superman himself through the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also have the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following 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, or filter the trades you make and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to have an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of the majority of features available in the Novice plan. In this plan, that you can create an individual profile that allows you for sharing with fellow associate users all the insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their trading skills. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, you won’t be able view the statistics of other traders this could be a disadvantage for those who are eager to try this new tier. Profitly Within A Company
Pro Plan
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off when billed annually, this tier has it all. You will have full, unrestricted access to all the features from the two previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create an individual profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives you everything you need as an experienced trader, the Pro plan 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 pick from a range of video products designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You are probably familiar with chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the members. One might be laid back and rarely engaged, while another could be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it can provide, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room tips from the in-house experts 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, however they’ll be able to realize that trading is a risky game that should not be viewed as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited to them as the newcomers. Although the novices might not be as adept at handling trading matters but the experts already know the way it functions and the risky mix associated with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to improve their trading skills. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to guide them through the ever-illustrious trading process. Profitly Within A Company
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s 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 accurate analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for the majority of its users
- If traders decide to make any type of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep curiosity. Profitly Within A Company
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck might discover Profit.ly’s range of resources helpful when they try their best to avoid losses and perform better than they did before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts!
If you truly care about being better at trading and wish 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 option to begin.
FAQ Profitly Within A Company
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries in the “My Trade’ category of the dashboard that lets you record your trades that are verified or otherwise. There are three options:
- 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
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is the likelihood that it can be verified. This is shown by the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are using 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 opportunities in the stock market left and right.
