The stock market can be an extremely risky game. On certain days, you could enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen, and it may sometimes be very difficult to return to the point you were at your peak. If you are always in the mud You will need to realize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve discovered an online platform that will help you in your growth within the field. In this review, we’ll take the time to look at Profit.ly A well-respected single-stop social platform to trade!
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 Superman Profitly
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 allows traders of different levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are starting out and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines that the site. Imagine it as a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” This idea, he added, served two objectives: one) making public records for everyone, not just the experts and newsletter writers and students as well as) making it possible for everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Superman Profitly
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of services and features geared at achieving the success of their business. You can create an account for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the activities of people who aren’t 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 offers that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and expertise, connect your brokerage account, and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a look at how the community of traders performs as well as its experts. You’re not just allowed to show value to a community of traders. You can also use Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the credibility of their claims.
If you are unsure about the concept of leaking your brokerage account, you can decide to share your trades, verified or not, via pictures. Included in Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market is an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as trading professional. At 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped to establish Profit.ly as a place for transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their collective years of expertise. Superman Profitly
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic 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 fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices, texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 for a month it is a great option for those who are involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Superman Profitly
The Superman Alerts plan is an offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition, you’ll also get access to premium research reports and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. As you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your hands 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 the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, as well as filter trades and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to take advantage of 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 other associates all your insights and knowledge you gain from 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 develop their expertise in trading. Although it’s a nice thing, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able view other traders’ stats that might be a drawback for those eager to try this new tier. Superman Profitly
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 each month with 22% off when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create an individual profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly provides a variety of more services it has to offer. One of these is its online store, where customers can choose from a wide array of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a place where gurus and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the members there. One might be a laid-back person who is less active, while another may be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and their members. They’ll also be able to choose from the items on its store online for them to take wherever they may go. You can also get hands-on experiences by trading through the platform, but eventually they’ll be able to realize that trading is a high stakes game that should not be viewed as an amusing pastime.
For the traders with years of exposure down the line, we see Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to develop their trading skills. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Verified experts can also join in the fun! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to guide them through the ever-illustrious trading process. Superman Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for the majority of its customers
- As traders may opt to make any type of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the many services the platform has to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s yes. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created to achieve this goal. Instead, it is best to keep an open mind. Superman Profitly
What we mean”yes” is it could be a useful learning tool. People who are stuck could find Profit.ly’s range of resources helpful in their efforts to avoid losses and be more successful than they did before. Not only poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become a better trader and want to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Superman Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the “My Trade’ category of the dashboard which lets you post your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is shown by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are currently on 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 to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.