Stock trading is an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be extremely difficult to get back to the point you were at your peak. If you are constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe. That’s why we’ve discovered an option that can help you to improve your performance within the field. In this review, we’ll be taking an in-depth look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Tim Grittani Profitly
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders who are starting out and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries that the site. Consider it the social media equivalent the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on showing every trade, something that has never been done before.” The idea was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus as well as newsletter authors and students, and 2) giving anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Tim Grittani Profitly
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared toward success. You may set up an account on the site at no cost, however you’re limited to the capability to browse the leaderboards and monitor 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 it is necessary to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account, and you have yourself the chance to climb through at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a look at their performance as a trading group as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the group of traders. You can also use Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through screenshots. In Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile, and more ways to connect with your gurus through the chatroom in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading is a stepping stone for small companies to move to a market that is larger as it gives them access to funds from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made over $6 million of profits through his lengthy career as trader. When he was 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 used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place for transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money through their years of experience. Tim Grittani Profitly
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on the 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 we’ll take a look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, it is the perfect plan for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans such as alerts for swing trading and access to a rich library of more than 7,000 instructional videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Grittani Profitly
The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally, you’ll also get access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet 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 cater to traders of different levels. Let’s break down what these 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 just beginning their journey to the world of trading. As you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re looking to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package allows users to benefit from many of the features of the novice plan. In this plan, that you are able to create a private profile for sharing with fellow associates all your insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders that could be a problem for some who may be eager to try this new tier. Tim Grittani Profitly
This is by far the highest premium package that Profit.ly offers to experienced traders. With $74.95 each month and 22% off for annual billing the Pro plan has it all. It gives you full, unlimited access to all options of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create a private profile. Both of these features, in addition to the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of more services it has to provide. One of these is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and clips of 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 range of services and features. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. One might be a laid-back person who is less engaged, while another could be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room tips by its internal gurus as well as their members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that this is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with many years of experience down the road, we consider Profit.ly equally suitable to them as the newcomers. Although the novices might not be as proficient in managing trading however, experienced traders know how it works along with the risky mix that come with it. It is ideal to use Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can learn from the 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 and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to assist them in the ever-changing trading process. Tim Grittani Profitly
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education, communication, and trading tools
- You will be taught by experts and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There’s something for all
- Profit.ly’s numerous products and packages offered might be too much for a lot of its users
- Since traders can choose to post any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately take advantage of the numerous services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it would be yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Tim Grittani Profitly
What we do mean”yes” is it can be a great learning tool. People who are stuck could be able to find Profit.ly’s range of resources helpful as they do their best to avoid losses and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Tim Grittani Profitly
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries under the My Trade’ category of the dashboard. It allows you to post your trades, either verified or not. You may choose between three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market both right and left.