Stock trading is an extremely risky game. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be extremely difficult to get back to where you were at your peak. If you are immersed in the water You will need to realize that relying on pure instinct and preservation might not be enough.
If you’ve suffered occasional losses You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve discovered a platform that can support you to improve your performance in the market. We’ll take an in-depth look at Profit.ly, a well-recognized all-in-one 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 Timothy Sykes Kate Chastain
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 enables traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are starting out and also as a platform for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools for trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Consider it a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of all trades, something that was never prior to.” This idea was, he said, serving two purposes: 1) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students as well as) making it possible for everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Kate Chastain
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of tools and services that are geared towards achieving the success of their business. It is possible to create an account there at no cost, however you’re only given the capability to browse the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll go over shortly.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a look at the performance of the trading community and its experts. It’s not only a chance to show value to a community of traders. You can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through pictures. Also included in Profit.ly are a variety of courses in trading, the ability to view statistics on a person’s profile and other methods to interact with your experts in the chatroom, as well as notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market is a stepping stone for small companies to move to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as a trader. When he was 25 years old Tim Sykes had received more exposure and a wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete 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 in-house experts of the platform. The gurus in question refer to experts in the field of trading who have earned substantial amounts of money from their collective years of knowledge. Timothy Sykes Kate Chastain
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. 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. In light of that, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A purchase on its own 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, texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is a great option for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in prior plans, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released each week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Kate Chastain
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base that is provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also have the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. When you sign up for this package you’ll be provided with a variety of powerful and vital trading tools, all one of them essential in keeping your fingers on what we could call a ruthless process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You aren’t able to create a personal account, making your activities publicly available. If you’re interested in get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to see the statistics of other traders, which might be a drawback for some who may be looking forward to this tier. Timothy Sykes Kate Chastain
Pro Plan
This is by far the most expensive plan Profit.ly can offer to experienced traders. At $74.95 each month which includes a 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all features of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the chance to create a private profile. These two features are plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which lets users choose from a wide array of videos that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website can be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are included in Profit.ly’s array of services and features. You’re probably familiar with the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly the chat room is viewed as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One of them may be more laid back and less active, while another may be more online and communicative with their students. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts as well as their members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they be. They can also gain hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as adept at handling trading matters, the pros already understand how it works and the risky mix associated with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their best advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Kate Chastain
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, you need to have an open mind. Timothy Sykes Kate Chastain
What we are referring to”yes” is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s variety of resources useful as they do their best to avoid loss and perform better than they did before. It’s not only the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Kate Chastain
How can you make use of Profit.ly to post your trades?
Profit.ly has a trade entry portion under the My Trade category on the dashboard. It allows you to post your trades that are verified or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s a high probability that it’s verifiable. This is evident by the small blue check. If you upload the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
