Stock trading is a high-stakes game. On certain days, you could enjoy the benefits of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be very difficult to get back to the point you were at your peak. If you are immersed in the water You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the industry. In this review, we’ll be taking a 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timalerts Profitly
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 permits traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Consider it the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” The idea, he added, served two purposes: 1) keeping track of public data for not just the gurus and newsletter writers and students and secondly) giving all users to gain insight into both losses and wins to benefit the industry of trading. Timalerts Profitly
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared toward success. You may set up an account at no cost, however you’re only given the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is easy: create an account with your experience and expertise, connect to your brokerage account, and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to prove your worth to a large group of traders, as you are also able to use Profit.ly to buy from a guru with the confidence that you are confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you can opt to post your trades, verified or not, via screenshots. In Profit.ly is the huge selection of trading courses as well as the ability to look at stats in a trader’s profile, and more ways 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 has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal through his many years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trading professional. When he was 25 years old, he had been given greater exposure and a larger reach of influence as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned substantial profits from their collective years of expertise. Timalerts Profitly
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices, email, text and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, it is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for 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. Timalerts Profitly
The Superman Alerts package is his package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. Additionally you’ll also have an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can do with Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from The Novice package. It is in this plan that you are able to create a private profile to share with fellow associate users all the insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to see other traders’ stats this could be a disadvantage for some who may be eager to try this new tier. Timalerts Profitly
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, and a 22% discount for billing annually, this tier has it all. You get full, no-holds-barred access to all options of the previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating your own private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of them is the online store, where customers can choose from a wide array of instructional videos that are designed to inform and help you understand the ins and outs of trading. All of the products featured in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room since you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly, it is seen as a area where experts and members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members. One might be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus and their members. Additionally, they can choose from the items on its store online to carry with them wherever they be. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly as equally as suitable to them as the newcomers. While novice traders may not be as well-equipped with managing trading but the experts already know the way it functions and the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s range of features to their best advantage to improve their trading skills. Like beginners, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. Timalerts Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
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 open any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Timalerts Profitly
What we mean”yes” is that it can be a great learning tool. People who are stuck could discover Profit.ly’s range of resources to be helpful in their efforts to reduce loss and perform better than before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being a better trader and want to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timalerts Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the “My Trade category on the dashboard that allows you to post your trades, verifiable or otherwise. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from fellow peers. Too many downvotes may cause you to show up in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as 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 is currently home to over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market all over the world.
