Stock trading can be an exciting game with high stakes. Some days, you may be reaping the benefits of pleasing and positive numbers. On other days it could be the reverse and it could be extremely difficult to get back to the point you were at your best. If you find yourself constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the world, which is why we’ve discovered an option that can help you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly is a well-known one-stop 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly Young Jeezy
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 allows traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those new to trading and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines of this platform. Consider it the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as it is possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never prior to.” The idea, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers, and 2) allowing all users to learn from both the wins and losses to the benefit of the trading industry. Profitly Young Jeezy
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared toward success. You may set up an account at no cost, however you’re limited to access to the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and skills, join 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 mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not just a way to show your worth to a community of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking photographs. Included in Profit.ly are a variety of trading classes and the capability to see statistics on a person’s profile and other methods to connect with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition into a larger market because it allows them to access money from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes is sure to reveal through his many years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trading professional. At the age of 25 Sykes was given more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money through their years of knowledge. Profitly Young Jeezy
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field within the world 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. At the time of writing, however, only two gurus remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A purchase on its own 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, texts, emails and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 per month, this is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans such as swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Young Jeezy
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition you’ll also have access to premium research reports and an IPO and earnings tracker.
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 get you started. The platform offers three membership tiers that cater to traders of different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this plan you’ll be offered a range of strong and essential trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your actions public. If you do want to have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to take advantage of many of the features of the novice plan. It is in this plan that you can set up an account that is private to share with other associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to develop their skills in trading. 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 to see other traders’ statistics this might be a drawback for some who may be eager to try this new tier. Profitly Young Jeezy
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, with 22% off when billed annually the Pro plan has it all. It gives you full, unlimited access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create an individual profile. Both of these options, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few other services they provide. One of those is its online store, which allows users to choose from a wide array of videos created to help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other related to trading, videos 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 as well part of Profit.ly’s variety of features and services. You are probably familiar with the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members. Some may be more laid back and less active, while another may be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able to select from the products in its online store to carry with them wherever they travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as adept at handling trading matters however, experienced traders know how it works along with the plethora of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their best advantage to develop their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Profitly Young Jeezy
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You’ll be taught by experts and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics 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 reputation as a reliable and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- Since traders can choose to open any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with the answer, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Profitly Young Jeezy
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck could find Profit.ly’s range of resources to be helpful in their efforts to incur lesser losses and be more successful than before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you truly care about being more successful in trading and would like to learn from your mentors and peers along the way, then look no further – Profit.ly could be a good choice to start.
FAQ Profitly Young Jeezy
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries in the My Trade’ category of the dashboard. It allows you to post your trades, either verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions