The stock market can be a high-stakes game. On some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be extremely difficult to return to the point you were at your best. If you’re immersed in the water it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve suffered occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe, which is why we’ve found an option that can help you in your improvement within the field. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Youngjeezy
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with each other through its broad range of features and tools like trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those new to trading and as a hub for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never prior to.” The concept was, he said, serving two purposes: 1) keeping track of public data for everyone, not just the experts and students and newsletter writers as well as) giving all users to learn from both losses and wins to benefit the industry of trading. Profitly Youngjeezy
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared toward achievement. It is possible to create an account there at no cost, however you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users an insight into the performance of the trading community and its experts. It’s not only a chance to demonstrate that you’re worthy to the large group of traders. You can also use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, then you could decide to share your trades, whether verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom in addition to 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 personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. Penny stock trading can be seen as a stepping stone for small businesses to transition into a larger market because they can access capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trading professional. At 25 years old Sykes was given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place of openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to the trading experts who have earned substantial profits through their years of knowledge. Profitly Youngjeezy
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise within the world of trading. 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 as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices, as well as email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, this is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Profitly Youngjeezy
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. Additionally you’ll also gain access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. When you sign to this plan, you will be immediately offered a range of strong and essential trading tools, all of them integral in keeping your fingers on what we call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even texting other traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your actions public. If you do want to get an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from many of the features of the Novice plan. This plan allows that you are able to create an account that is private for sharing with fellow associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their skills in trading. While it’s nice but there’s one important feature that is missing. In contrast to the Novice package, you won’t be able to see other traders’ stats this could be a problem for those looking forward to this tier. Profitly Youngjeezy
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, and an additional 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all options of the previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create an individual profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re in search of an account that will give you everything you need as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of additional services that it can offer. One of those is its online store, which lets users select from a variety of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and footage from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You may be familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a space where experts and their members can interact and learn in real time. Every guru has their own style in operating their chat room and dealing with the members there. One might be laid back and rarely active, while another might be more online and communicative with their students. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able select from the products on its store online that they can take with them wherever they may be. Additionally, they can gain practical experiences by trading through the platform, however they’ll realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to those who are just starting. While novice traders may not be as proficient in handling trading matters but the experts already know how it works along with the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to improve their skills in trading. Like novices, they can study from the gurus and experts , and use those simple tips and hints 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 enjoyment! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to assist them in the ever-changing trading process. Profitly Youngjeezy
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s numerous products and packages offered might be too much for the majority of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to increase the rating this could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Verdict is: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you need to have the ability to think with an open heart. Profitly Youngjeezy
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck may discover Profit.ly’s array of resources useful in their efforts to reduce loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It can accommodate beginners and even experts in the field!
If you truly care about being a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Profitly Youngjeezy
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion under the My Trade’ category of the dashboard. It allows you to post your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is indicated with the small blue check. If you post it manually or through screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities on the stock market all over the world.
