The stock market can be a high-stakes game. Some days, you might be reaping the benefits of positive and satisfactory numbers. On other days, however it could be the reverse, and it may sometimes be extremely difficult to return to the point you were at your best. If you’re constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you in your improvement within the field. We’ll take an in-depth look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Profitly Yearly Plan
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of various levels to be knowledgeable responsible, transparent, and encouraging one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for traders new to trading and as a hub for experienced traders to track their performance using the aid of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was created 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 every trade, something that has never been prior to.” This idea, he added, served two objectives: one) creating public track records for all traders, not just the gurus and students and newsletter writers, and 2) allowing everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Profitly Yearly Plan
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of services and features geared at achieving the success of their business. You can create an account on the site for free, but you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll have the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at how the community of traders performs and its gurus. It’s not only a chance to prove value to a large group of traders, as you are also able to use Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may decide to share your trades, verified or otherwise, through photographs. Included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts through the chatroom in addition to 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 is well-known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell through his many years of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as a trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money from their combined years of experience. Profitly Yearly Plan
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on this 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 what packaged deals 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 via Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next possible moves in trading.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS as well as Android devices, as well as texts, emails, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, this is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Yearly Plan
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features featured 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 gain access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. When you sign to this plan you’ll be given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
Some of the features you can do with 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 providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, thus making your activities publicly available. If you’re interested in have access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. This plan allows that you can create an account that is private to share with other associate users all the insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to harness their expertise in trading. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ stats this might be a drawback for those who are anticipating this level. Profitly Yearly Plan
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, and 22% off when billed annually, this tier has everything. It gives you full, unlimited access to all the features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the chance to create an individual profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of other services they provide. One of those is its online store, which lets users select from a variety of instructional videos that are created to provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and footage taken from events like 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 variety of services and features. You may be familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a hands-on place where gurus and their members trade and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be laid back and not very often engaged, while another could be more active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it offers it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available from its online store that they can take with them wherever they may be. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that trading 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 line, we believe Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as proficient in dealing with trading issues but the experts already know how it works and the stack full of risks associated with it. It is ideal to make use of Profit.ly’s range of features to their full advantage to improve their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! Trade professionals who are on the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to guide them through the ever-illustrious trading process. Profitly Yearly Plan
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning communications, trading, and communication tools
- You get to receive excellent training and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its users
- If traders decide to open any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users will immediately benefit from the many services that the platform can provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it’s 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 in this way. Instead, you should have curiosity. Profitly Yearly Plan
What we do mean”yes” is it can be a great learning tool. For those who are struggling, they could be able to find Profit.ly’s array of resources helpful when they try their best to reduce losses and perform better than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you truly care about being a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly is a fantastic choice to start.
FAQ Profitly Yearly Plan
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the “My Trade category on the dashboard that lets you post your trades, verifiable or not. You may choose between three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is shown by the blue check mark. If you post it manually or through screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, where people can see who’s dishonest in posting 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 as well as the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.
