Stock trading is a high-stakes game. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it could be very difficult to get back to where you were your most productive. If you find yourself always in the mud You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve found an online platform that will help you in your improvement within the field. In this review, we’ll be taking the time to 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.
Overall Rating: 4.1/5 Profity Me
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 enables traders of different levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for those who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries that the site. Consider it a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts, but also the newsletter authors and students as well as) making it possible for anyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Profity Me
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You can create an account at no cost, however you’re only given the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group and its gurus. You’re not just allowed to demonstrate that you’re worthy to the community of traders, but you are also able to use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the veracity of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, you can choose to publish your trades, verified or not, by taking pictures. In Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account, and more ways to connect with your gurus through the chatroom as well as email and text alerts 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 efforts in penny stock trading. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Beginning at the end of his time in high school, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trader. 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.” He took advantage of it to develop trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned substantial profits from their combined years of expertise. Profity Me
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as Android devices; email, text 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 per month, this is a great option for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in prior plans, which includes alerts for swing trading and access to a library of more than 7,000 instructional 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 alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Profity Me
The Superman Alerts package is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that you’ll also gain an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan you’ll be offered a range of strong and vital trading tools, each of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following, 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, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, thus making your actions public. If you’re looking to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the Novice plan. This plan allows that you can create an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their skills in trading. While it’s nice however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ stats, which could be a disadvantage for those eager to try this new tier. Profity Me
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 monthly, with 22% off for billing annually This plan offers everything. It gives you full, unlimited access to all the options of the previous plans.
Not only do you get to look at other people’s statistics, but you’re also given the opportunity to create a private profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of additional services that it can offer. One of these is its online store, where customers can pick from a range of videos designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes of events like 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 array of services and features. You’re probably familiar with chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the members there. Some may be more laid back and not very often active, while another might be more online and communicative 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 diverse range of products and features cater to the wide range of stock trader types, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and their members. Additionally, they can select from the products on its store online for them to take wherever they may be. You can also get hands-on experiences by trading through the platform, but ultimately 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 equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in handling trading matters 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 options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Profity Me
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow 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 dependable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for most of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them could profit from picking the most profitable trades to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to immediately benefit from the many features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be a ‘yes’. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Profity Me
What we are referring to”yes” is that it is a fantastic learning tool. Those who may be stuck may discover Profit.ly’s variety of resources helpful when they try their best to avoid loss and perform better than they did before. Not only poor traders that can benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Profity Me
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the My Trade section of the dashboard that lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is the chance that it is verifiable. This is indicated with the blue check mark. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the chance of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to learn and improve in acquiring stock market opportunities left and right.
