Stock trading can be an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to where you were at your most productive. If you are immersed in the water, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve identified an option that can help you in your growth in the industry. This review will be taking a look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Reviews For Profitly Connor Bruggemann 2021
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of different levels to be informative responsible, transparent, and to build relationships with one another through its wide array of tools and features like chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast array of options for communication and trade that help traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Imagine it as an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that was never previously done.” The idea, he added, served two objectives: one) creating public track records for all traders, not just the gurus and newsletter authors and students as well as) making it possible for anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Reviews For Profitly Connor Bruggemann 2021
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. You may set up an account there for free, but you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into their performance as a trading group and its gurus. You’re not just allowed to prove that you’re worthy to the group of traders. You can also use Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can decide to share your trades, either verified or not, by taking photographs. In Profit.ly are the vast number of courses in trading 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 via chatrooms as well as text and e-mail alerts and updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profit throughout his illustrious career as trading professional. At the age of 25, he had been given greater exposure and a larger impact when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to establish 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 helped to establish Profit.ly as a place of transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make substantial profits from their combined years of experience. Reviews For Profitly Connor Bruggemann 2021
At its height, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the trading industry. 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 this 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, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as 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 most premium, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in earlier plans which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has 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 total trading earnings. Reviews For Profitly Connor Bruggemann 2021
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. Additionally you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that cater to traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
Some of the features you can do using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you’re looking to have access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader plan allows users to benefit from many of the features of the Novice plan. In this plan, that you can create an individual profile that allows you for sharing with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to develop their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you will not be able to view other traders’ stats this could be a disadvantage for those who are anticipating this level. Reviews For Profitly Connor Bruggemann 2021
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes an additional 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all options of the prior plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few other services they provide. One of those is its online store, which allows users to select from a variety of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the site can 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 library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You may be familiar with the concept of the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a real-time area where experts and members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members there. Some may be a laid-back person who is less active, while another may be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room tips from its in-house gurus as well as their members. They’ll also be able to select from the products from its online store for them to take wherever they go. They can also gain hands-on experiences by trading through the platform, but eventually they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable 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 along with the risky mix that it carries. Ideally, they may use Profit.ly’s array of options to their maximum advantage to develop their trading abilities. As beginners, they are able to learn from the experts and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders in order to navigate them through the ever-changing trading process. Reviews For Profitly Connor Bruggemann 2021
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s abundance of products and packages offered might not be enough for most of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them will profit by picking the most profitable trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the number of features the platform is able to offer
The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s yes. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, you should have an open mind. Reviews For Profitly Connor Bruggemann 2021
What we do mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources useful as they do their best to reduce loss and perform better than before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly desire to be a better trader and want to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Reviews For Profitly Connor Bruggemann 2021
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market both right and left.