The stock market can be an extremely risky game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to return to the point you were at your peak. If you are constantly stuck in the gutter You will need to realize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses You’ll need 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 identified a platform that can support you in your improvement within the field. We’ll take 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Ro Review
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informative and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those who are starting out and as a hub for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals 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 honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” The idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers as well as) allowing everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Ro Review
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward the success of their business. You can create an account for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll be given an opportunity to make your way to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into their performance as a trading group and its experts. It’s not only a chance to demonstrate that you’re worthy to the community of traders. You are also able to use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, then you could decide to share your trades, verified or not, by taking screenshots. In Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, in addition to 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 personality who is famously known for his involvement in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access money from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trading professional. At 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place of openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, 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 earned significant amounts of profit through their years of expertise. Ro Review
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to predict the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, email, text and push alerts and a daily stock watchlist.
Tim Sykes: 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 per month, this is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, including swing trading alerts and unlimited access to an extensive 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 is known under the name “Superman,” is a swing trading professional with an eye for 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. Ro Review
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile app, daily market commentary 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 a knowledgeable base that is provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also gain access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to help you up and running. 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 will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed up for this plan you’ll be given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. In this plan, that you are able to create an account that is private to share with fellow associates all your insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ statistics, which might be a drawback for those looking forward to this tier. Ro Review
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, with 22% off for annual billing, this tier has it all. You will have full, unrestricted access to all the options of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create an individual profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly offers a number of more services it has to provide. One of those is its online store, which lets users choose from a wide array of video products created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a real-time area where experts and members can interact and learn in real time. Each guru has their style in operating their chat room and dealing with the members. One of them may be laid back and less active, while another may be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room tips from the in-house experts as well as their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they may travel. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly equally suited for them as it is for people who are just beginning. While the newbies may not be as adept at dealing with trading issues, the pros already understand how it works along with the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to enhance their trading skills. Like beginners, they can learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Ro Review
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and tips from the inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for most of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users will immediately benefit from the number of features the platform is able to offer
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The Final Verdict: Is Profit.ly Worth It?
If we could come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Ro Review
What we do mean”yes” is it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources to be helpful when they try their best to avoid losses and be more successful than they did before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Ro Review
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the My Trade section of the dashboard that lets you post your trades that are verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.
