Stock trading is a high-stakes game. Some days, you could be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen and it can be extremely difficult to get back to where you were your most productive. If you’re constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe, which is why we’ve discovered an online platform that will help you to improve your performance within the field. This review will be taking the time to look at Profit.ly A well-respected 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&Oq Dvds
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed, transparent, accountable, and uplifting with each other through its broad variety of tools and features including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for those who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication and letting traders from every field of business connect with each other. It gives the gurus worthy investments within the boundaries of the platform. Think of it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the 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 accept fake news as long as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was based “on the transparency of all trades, something that has never been prior to.” The concept, he added, served two objectives: one) making public records for not just the gurus as well as newsletter writers and students and secondly) making it possible for all users to gain insight into the losses and wins to the benefit of the trading industry. Profitly&Oq Dvds
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of tools and services that are geared at achieving success. You may set up an account at no cost, however you’re only given access to the leaderboard and observe the actions of non-gurus. If you’re ready 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 deals, which we will discuss in the near future.
The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account, and you have yourself an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to demonstrate that you’re worthy to the group of traders, but you can also use Profit.ly to shop from a guru with 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 the details of your broker account you can opt to post your trades, verified or otherwise, through pictures. Also included in Profit.ly are the vast number of courses in trading, 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 Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profit throughout his illustrious career as a trader. When he was 25 years old Sykes was given greater exposure and a larger reach of influence when he was a part of the reality series “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place for transparency, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial profits from their combined years of knowledge. Profitly&Oq Dvds
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A purchase on its own 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; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of earlier plans including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Profitly&Oq Dvds
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market commentary shown in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. On top of that, you’ll also get an access to high-quality research papers as well as an IPO or earnings monitor.
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 tools to get you going. The platform has three membership levels that cater to traders of different levels. Let’s take a look at what these three levels are and what they will 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 trading world. Once you have signed up for this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what call a competitive procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private profile, which makes your activities publicly available. If you’re looking to get an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from many of the features of The Novice package. This plan allows that you can create an individual profile that allows you for sharing with fellow associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their trading skills. As nice as it seems but there’s one important feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ stats, which might be a drawback for those looking forward to this tier. Profitly&Oq Dvds
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 monthly, with a 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating a private profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly offers a number of additional services that it can offer. One of those is its online store, where customers can select from a variety of videos that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and footage of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly it’s seen as a place where gurus and their members trade and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members there. One of them may be a laid-back person who is rarely active, while another may be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers this platform definitely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room tips from the in-house experts and their members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a risky game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know how it works along with the risky mix associated with it. Ideally, they may make use of Profit.ly’s range of features to their best advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help assist them in the ever-changing trading process. Profitly&Oq Dvds
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to post any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the number of services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it’s a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Profitly&Oq Dvds
What we are referring to”yes” is it can be a great learning tool. For those who are struggling, they might find Profit.ly’s variety of resources useful as they do their best to avoid losses and perform better than they did before. It’s not just the poor traders that can profit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be better at trading and wish to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly&Oq Dvds
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the “My Trade’ category of the dashboard which allows you to post your trades, verifiable or not. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring stock market opportunities both right and left.
