The stock market can be an extremely risky game. Some days, you might be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to return to the point you were at your best. If you are constantly stuck in the gutter it is important be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve identified a platform that can support you in your improvement in the industry. This review will take an in-depth 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 Wont Connect
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 various levels to be knowledgeable, transparent, accountable, and encouraging each other by offering a wide range of features and tools including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people new to trading and also as a platform for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide array of options for trade and communication that help traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are valid and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was based “on showing every trade, something that was never previously done.” The concept was, he said, serving two purposes: 1) making public records for not just the gurus as well as students and newsletter writers, and 2) making it possible for all users to gain insight into both the wins and losses to benefit the industry of trading. Profitly Wont Connect
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of tools and services that are geared towards achieving the success of their business. You can create an account for free, but you’re only given the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs and its experts. It’s not just a way to demonstrate your worth to a group of traders. You can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you can choose to publish your trades, verified or not, by taking pictures. Also included in Profit.ly are the vast number of trading courses, the ability to view stats in a trader’s profile and other methods to interact with your experts in the chatroom, in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as an opportunity for small businesses to transition to a large marketplace as it gives them access to money from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have made substantial amounts of money through their years of expertise. Profitly Wont Connect
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, 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, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Profitly Wont Connect
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket as well as the mobile app, the daily market commentary shown in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally you’ll also gain access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you going. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s break down what these 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 just beginning their journey to the world of trading. As you sign to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit; leading, following and even texting your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private profile, which makes your personal information public. If you do want to gain an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. It is in this plan that you are able to create an account that is private to share with other associate users all the insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their skills in trading. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ stats that could be a disadvantage for those anticipating this level. Profitly Wont Connect
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, with a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all options of the previous plans.
Not only do you get to look at other people’s statistics, but you’re also given the option of creating a private profile. Both of these options, 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 all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly provides a variety of additional services that it can offer. One of them is the online store, which allows users to pick from a range of video products created to guide you through the ins and outs of trading. The products listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You’re probably familiar with the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat support. But in Profit.ly it’s seen as a real-time place where gurus and their members can interact and learn in real time. Every guru has their own style in operating their chat room and in dealing with the members. One of them may be more laid back and not very often active, while another might be more active and in touch with their students. Think of chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items from its online store that they can take with them wherever they may be. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to assist them in the ever-changing trading process. Profitly Wont Connect
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data 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 credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for the majority of its users
- As traders may opt to open any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the many services that the platform can offer
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The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t meant to be designed in this way. Instead, you need to have an open mind. Profitly Wont Connect
What we are referring to”yes” is that it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s range of resources to be helpful when they try their best to incur lesser loss and perform better than before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become a better trader and want to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Wont Connect
How can you make use of Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries within the ‘My Trade section of the dashboard which lets you post your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is evident by the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.
